Molly: Yolanda, I have big news to tell you. I've made a very big decision.
Yolanda: Well, come on. What is it?
M: I'm going to apply to a medical school.
Y.: You're what? But I thought you wanted to teach.
M.: I've decided to give that up. Teaching jobs are being cut back now at many universities.
Y.: Yes, and I've read that a number of liberal arts colleges have been closed.
M.: I have a friend who finished his Ph. D. in history last year. He's been looking for a teaching position for a year, and he has been turned down by every school so far.
Y.: I
suppose a Ph.D. in the humanities isn't worth very much these days.
M.: No, it isn't. And even
if you find a teaching job, the salary is very low.
Y.: Yeah, college teachers should be paid more.
But, Molly, it's very difficult to get into medical school today.
M.: I know. I've been told the same thing by everyone.
Y.: How are you going to pay for it? It costs a fortune to go to medical schools now.
M.: Maybe I can get a loan from the federal government.
Y.: That's an interesting possibility
but it doesn't solve the financial problem entirely
even if you get the student financial aid. You will graduate owing money.
Medical students, especially, acquired heavy debts. Recently I read of one who owed $ 60,000.
Won't you be facing sufficient other problems without starting life in debt?
Aren't many college graduates having trouble even finding jobs? When they find them,
don't they begin at relatively modest salaries?
M.: I don't know, but...
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