- What is the average amount of debt that students graduate with from this institution?
- Do your graduates have a high rate of default?
- What kind of tuition payment plans do you offer?
- How do you encourage students to pay?
Be wary of schools, like Trump University, that encourage you to pay tuition with a credit card. Also, as you research potential majors and careers, be sure to investigate starting salaries thoroughly. If you do plan to borrow public or private student loans for your education, never borrow more than your starting annual salary. Knowing starting salaries can help you determine what kind of education you can realistically afford when you borrow to pay for school. Having your own game plan and asking tough questions will make for-profit representatives uncomfortable, but as a prospective student, you need to make sure you’re making a safe investment in your education. Do your research, ask smart questions and plan for your future in a way that guarantees your success instead of a mountain of insurmountable debt.