STEM (science, technology, engineering, math), medical, and legal are about the extent of useful degrees.I say that because if you're spending that sort of money (and six years of your lives) you should expect the resulting job prospects will enable you to pay back these loans.  

However anyone owning a building near public transportation will be ahead of the game while the suburbs are going to dry up only bc im the only person I know who wants to own a nice big house with a yard and the red neck in me will build a bigger garage in the back but most of these young people who don't want to buy they all want to rent so they aren't tied down and can travel and than live down town with a short commute to work...Everyone has there own opinion but me I think that an out of the money call option on apple would be a better value than an 800k townhouse in some ex industrial area of Jersey or wherever it was because I already know the places with the good school districts and easy commute to nyc they were over built 10 years before I was even born so basically if you can afford it buy where you KNOW it is desirable AND If not it is a gamble at this point.

In this case, your friend will want to get things as dry as possible as soon as he can.

Unfortunately, the returns all but dried up this year, so I also felt stuck.

Jon C, As a fresh college grad, the classes that continually challenged me to think about real estate in new ways were monetary economics (dry subject, but powerful to learn how money can work for you) and basic Economics classes.

Old houses can suck you dry if you fix everything that occurs to you.

Clean dry basement with 8 foot celings -great for storage.... 

Once over that 50% mark, financing dries up and sellers get clocked.

#4 - CA is considered to be a "dry closing" state...

Independence Title in Fort Luderdale does a lot of investor closings, including double closings, but not Dry closings.....you'll need money or transactional funding for the AtoB closing.