Is a High-Cost Undergraduate Degree Worth the Debt for Aspiring Scientists?

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SUMMARY

The discussion centers on the financial implications of pursuing a high-cost undergraduate degree at the University of Vermont, with total out-of-state tuition reaching $45,188 annually, culminating in approximately $200,000 for a Bachelor’s degree. Participants express concerns about the substantial debt incurred, particularly for a career in physics, which may not yield a high salary post-graduation. Suggestions include exploring cheaper universities, financial aid options, and the potential of online resources for education. Ultimately, the consensus leans towards caution regarding the financial burden of such an investment in education.

PREREQUISITES
  • Understanding of undergraduate tuition costs and financial aid options
  • Familiarity with the field of physics and potential career earnings
  • Knowledge of student loan structures and repayment plans
  • Awareness of alternative educational resources, such as online courses
NEXT STEPS
  • Research financial aid packages available for out-of-state students at the University of Vermont
  • Explore alternative universities with lower tuition costs for physics programs
  • Investigate online physics courses and lecture series from reputable institutions
  • Utilize loan payment calculators to assess potential debt repayment scenarios
USEFUL FOR

Prospective physics students, financial advisors, and anyone considering the long-term implications of student debt in higher education.

  • #121
I think an undergrad degree will probably be fine at a cheap school, because you're probably going to rack up a pretty good debt during grad school anyways. My undergrad school is about 18 grand a year with no financial aid package. After my financial aid package, I have about a $1,000 debt per semester, which I can make back while working that semester relatively easy.

Paying that much money for an undergrad degree that isn't going to do you much good until after you complete grad school is just a waste of that much money. Most universities will have an established physics department, which will be more than sufficient for an undergrad degree.
 

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