The cost of college isn’t determined by the sticker price, said one expert on college debt. Young accountants are realizing this all too soon as they face their debt after graduation.
“A student should not take on no more than half of their anticipated annual salary in debt based off of the particular career path they choose,” said Aaron Greene, CEO and founder of College Liftoff.
Greene spoke on how students should appropriately deal with college cost in the January/February issue of CPA Voice, along with other Ohio accountants who are figuring out how to handle their debt post-college.
“I feel like I’m paying fairly aggressively, but I also am young and there are other things I want to do in my life and other things I want to prioritize, like getting married and buying a home,” said Amber McAuliffe, CPA, who is working on paying off a 10-year-loan from the University of Dayton.
Read the complete article online now and hear more from accountants dealing with debt in our podcast episode.
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Did you know that reading CPA Voice can help you satisfy your CPE requirement? No matter your location or the time of day – and even without the benefit of electricity – you can gain CPE credit with each issue.
Every edition includes a 12-question self-assessment exam covering content from that issue. Receive a grade of 75% or higher and you’ll earn one hour of CPE credit in specialized knowledge.
Best of all, you can take the exam when and where it’s convenient for you, either online or by mail. Exams remain available online – and may be completed for CPE – through the same month of the following year.