<p>I'm curious if $60,000 of debt - for a student coming out of college with a masters in Electrical and Computer Engineering - is managable, since that's my situation for Worcester Polytechnic. </p>
<p>How big is the difference - in the real world - between $30k and $60k of debt?</p>
<p>I'd think it really depends on how skilled you are as an individual. Some people get paid over $90,000 a year right out of college, while some don't even get hired at all.</p>
<p>I would look at the salary range for positions you'd be eligible for after college, and the monthly payment you are looking at for your loans. Think about if you'd be able to pay off your loans and still be able to attain other life goals such as buying a house, getting married, etc. Student loan and other debt really holds people back in life once it gets high.</p>
<p>There should be some online calculators that will show you the monthly payment schedule. Also look at average debt loads by your field or major to see how you compare, but don't take this as "other people have done it so can I." I don't see too much of a difference in $30k and $60k of debt. What stage of your eduction are you in right now? A lot of things can change and most people end up needing a lot more money for things then they estimated before college (tuition goes up, you decide to live off campus, study abroad, etc).</p>
<p>I'm in High School, and am trying to decide between RIT and WPI</p>
<p>RIT will leave me with 30k of debt, while WPI will leave me with 60k.</p>
<p>I'm not the one to ask about which school is better. But, I would think about hidden costs such as traveling home and back, average time students take to graduate, etc.</p>
<p>id go to Ub which ranks similair to both and even better, and only pay 12k total for a masters.</p>
<p>is UB University of Buffalo or University of Baltimore? </p>
<p>Suffice to say, I'm going to college this upcoming fall.</p>
<p>University at Buffalo</p>