This week on Instagram... 7/10/2018 - Page 2

MrPeabody · 07-11-2018, 6:02pm

My stepdaughter ran up a high five figure sum to get her Masters degree in clinical nursing when she was in her early 40s. The majority of that debt was covered later by various government programs in return for working a certain amount of years in a rural hospital, which happens to be the hospital she already had worked at for over ten years and still works at today.

But not all of those programs existed when she incurred the debt, so for a few years she made some hefty payments. The promotions and increases in salary more than offset the debt, even if she had to pay it all back. But like most business decisions, there was some risk and liability. The system can either reward or penalize the risk taker, that's true in any business. But you can't win if you don't play.