Extra education means extra cost. But how much?

Answer: $69,140

Questions:

• What factors would a person have to consider when deciding if it’s worth it to earn a master’s degree?
• How might taking on that extra debt positively and negatively affect your life after graduating?
• Are you concerned about taking on significant student loan debt? Explain why or why not.

Click here for the ready-to-go slides for this Question of the Day that you can use with your students.

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Behind the numbers (Education Data Initiative):

We’re a team of researchers who believe important discussions in education deserve to start from a place of fact, not opinion. From hot button topics like student loan debt to high school graduation rates, our mission is to make sure the data surrounding these topics is open & accessible.

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Teach students about paying for college using the NGPF Arcade game PAYBACK. Also check out our Paying for College unit!

About the Author

Dave Martin

Dave joins NGPF with 15 years of teaching experience in math and computer science. After joining the New York City Teaching Fellows program and earning a Master's degree in Education from Pace University, his teaching career has taken him to New York, New Jersey and a summer in the north of Ghana. Dave firmly believes that financial literacy is vital to creating well-rounded students that are prepared for a complex and highly competitive world. During what free time two young daughters will allow, Dave enjoys video games, Dungeons & Dragons, cooking, gardening, and taking naps.