New York City is one of the most exciting places in the world to live, but even well off professionals are increasingly feeling the pinch due to the high cost of living. With housing costs skyrocketing (the average rent in Manhattan is a staggering $3777 per month) and wages in most professions remaining stagnant, more and more New Yorkers are weighing the pros and cons and opting to move to more affordable markets.
It’s official: student loans have become a national crisis. Betsy Devos, United States Secretary for Education, said as much in November of last year, and with forty-four million borrowers now collectively owing a total of $1.5 trillion, even critics of the Trump administration agree. On both sides of the aisle, concern about how much money young Americans have borrowed in order to finance their education has fuelled widespread calls for reform.
But while it the 2020 election may in part be a battle about the future of higher education in America, with some prominent contenders arguing that college should be free, what should people who are deciding on their career path now do? Is there any way to achieve a solid middle-class income without taking on mountains of debt?
For many Americans, becoming a real estate agent is a great way to secure a second source of income, and can be a rewarding career in and of itself. In the thriving, dynamic real estate markets of states like Tennessee, Texas, New York, Pennsylvania, and California, dedicated, professional self-starters can quickly find themselves closing million-dollar deals on a wide range of different properties, from single-family homes to large commercial buildings.
But a real estate license can also be a stepping stone toward a staggering array of different jobs in the real estate world, which is one of the reasons why investing in the education and credentialing fees necessary to become a licensed Realtor can pay off so handsomely.