College Debts, A Necessary Evil?

We all have a dream. We all want to improve ourselves and become something more, obtain recognition and achieve great goals. But, what happens when the dream is overshadowed by economic circumstances?

Historically, achieving university studies can become a headache when it comes to economic issues. Coming out drowning in student debt is the reality for most people. And when talking about the doctor/postdoctoral programs, in which in many cases it is also necessary to abandon the work, the barrier becomes even greater.

The situation is so worrying that in the United States it has become a state issue, and since August 2022, President Joe Biden has allocated an economic item to provide relief to some 43 million student loan borrowers.

The main indicator of the government plan to help with debt payments is the income of the people who request a loan, who must complete a form and follow a process to opt for this aid.

"Prior to this announcement, Americans had a staggering $1.7 trillion in student loans, meaning many young people are still entering the workforce burdened with debt", LinkedIn reveals.

Is it possible to achieve goals without getting into debt? The answer is yes. Currently, the facilities allow us to obtain achievements without the need to attend private universities and also obtain a high-quality education.

What should you do? Open your eyes and look for good opportunities. Do your research and find that college that gives you everything you're looking for. Because currently there are universities that not only offer programs that can be economically adapted to what you are looking for but also offer you the opportunity to take a program that suits your professional experience, time, and pace of dedication to the program.

Taking an online doctorate can offer you many advantages, among which we can highlight:

1.- Reconcile, managing your time
2.- Enjoy a greater offer of programs
4.- Study at your own pace, without having to leave the workplace
5.- Obtain a better price/quality ratio

Today, 40% of students say they like online doctoral programs better because they are effective and convenient, allowing students to balance the demands of their professional and personal lives well.

One of the great advantages of an online Doctorate is that it is a solid and safe investment for your future in the medium term since it always means salary improvements. In fact, according to statistics, when you get the title, promotion increases within the same company usually amount to around 3% of your salary. A person who changes jobs can expect a salary increase of between 10% and 20%.

As you can see, it is not necessary to go into debt to achieve your goals, you just need to be determined to take action.