Wednesday, June 11, 2014

Is your child interested in becoming a Doctor or Lawyer?




Parents always want their children to succeed, and for this reason, try to encourage their children to follow specific career paths that they believe will offer prestige and a good income. Doctor, lawyers and engineers have long been prescribed for this reason (you may even be a parent that is encouraging your child to become a doctor, lawyer or engineer!).

But, have you stopped to think about how much it would cost to be a doctor or engineer or lawyer? While it may be great to have your child study in either one of these fields, are these fields that are affordable to study?

Let’s have a quick run at the numbers. (For the sake of simplicity, we’ve looked at University of Toronto’s numbers.)

Doctor
$158, 116

Lawyer
$ 91, 371
Did you know the graduating 2014 class has the highest debt of any graduating class from University of Toronto’s Faculty of Law?

Engineer (Materials and Science Engineering)
$ 49, 452

These are just basic numbers for domestic students, if you specialize, do another program, live on residence or anything else, these numbers can just be the tip of the iceberg! Education isn’t cheap!


How much did tuition cost you when you were in school?



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