How much debt is too much debt for MTs?

ActressToBe
Thu, 20 Mar 2008 09:25:09 +0000

As a student who has a decent amount of savings I would advise to go with the school which gives you the most financial aid personally. I have savings enough that could last me about 3 years at an in-state school however wouldn’t even cover a full year at some MT colleges that are considered the “top”. This isn’t the type of industry where you can afford to have massive amounts of debts. The economy in this country is horrible right now and at the moment it looks like it may get worse before it gets better. It’s not the time to be saddled with $100,000 in student loan debt, unless you’re a lead on Broadway continually from the time your out of school, you could be in your 30s/40s before it’s entirely paid off with all the interest that will accumulate.

There are a few grad schools that offer an MT degree so why not focus on an acting program at a cheaper undergraduate school then save up for the masters degree?