How to support yourself after you graduate?
60% of the graduates are employed within one year of finishing school. 25% of the graduates earned more than $49,000 while the rest earned between $35,000 to $25,000 per annum. Military positions, freelance options and Peace corps are some of the options for fresh grads.
Student loans taken on credit card need to be paid soon after finishing grad school. If you paid $200 per month towards repayment of this loan then you could clear the loan in 4 years time.
Earnings from the first job would need to pay your living expenses. 35% of the salary goes towards housing, 15% on food and transport and rest on other expenses. Buying a second hand car would cost anywhere between $8000 to $27,000.
