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Student loan - excessive?

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  • 26-11-2012 7:46pm
    #1
    mgerallen
    Registered Users Posts: 20 ✭


    Hi,

    Just a query about student loans.

    I have never gotten a loan before. May go to do a doctorate in the next couple of years. I reckon it will cost appox 38000 euro in total.

    First of all, I am wondering if this is an excessive loan amount? Job opportunities are reasonable and its something I have wanted to do for a while.

    Secondly, is it possible to get this amount and start paying it back in three years time after the course ends?

    Would love people's opinions on this.


Comments

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    #2
    Elvis_Presley
    Closed Accounts Posts: 194 ✭✭Elvis_Presley


    If employment opportunities in your area are reasonable, then sourcing funding should be possible. If you have no funding at all 38k won't cover you - 3 year's fee, living costs, expenses such as computer, conferences or other equipment depending on the area. Doing a PhD is tough enough whilst earning - if I didn't have enough for a few beers at the end of the week and the occasional holiday, I'd go mental! Maybe not what you want to hear.


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