Quote:
Originally posted by damasa
To be blunt - no. I've been working in banking for a while now and I can tell you that there are many forms of debt that are much worse than student loan debt.
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This is true. At one of my old jobs, when I assigned lines of credit to applicants, I was always told that $100K of student debt looked a whole lot better than $75K of credit card debt. It's like a mortgage--it's a big debt, but it's a positive investment in your future that you can justify, unlike most credit card debt. Plus, the interest is much lower, and isn't adjusted daily like credit cards.
Do you HAVE to get a second bachelor's in order to teach? There's not an Master of Arts in Teaching (MAT) or M.Ed program around you that offers assistance? I know that where I live, teachers with a Masters are paid more than those without--and in NYC, you have to receive a Masters within a few years beginning your teaching career in order to maintain your license.