I appreciate everyone's feedback. None of this was meant to be controversial or downplay the value of an advanced degree like an MA in International Affairs. I am like many individuals on this forum who have been fully invested in the field of international affairs for years, and like them I seek to make the best decision. I am looking for a very tangible mix of theory and practice, and upon a great deal of research, I am now confident that top-quality IR programs provide this to students. An example as to why I now put great emphasis on skills transfer as part of the educational experience: having come straight from a Political Science degree, I would have benefited from a more hands on approach to sustainable development, financial processes, proposal writing, etc. at the beginning of my Peace Corps service. This of course all comes with time in the field, but the point was that I want to be certain that my MA will help me acquire certain skills sets on TOP of advanced expertise (GWU's professional skills courses for instance: http://www.gwu.edu/~elliott/gscd/skills/advanced.cfm )
I was recently told by a mentor that although she has no regrets about her MA degree, "paying back $80,000 of student loans has been an ongoing challenge." The costs of higher education in the US are of course a major factor for many of us here. It ties postgraduates down for years and sometimes decades after graduation, job or no job. The investment is worth it but one that should be extremely well thought out.
The other reason I posted this former board topic was because I had just heard from a PhD student of PoliSci that advanced theory-based degrees sometimes provide less of a certain skills set sought after by employers. It was also noted that more specified degrees may have an edge in hiring circles (MBA vs. IR). The bottom line is that successful students make the most of their education regardless of circumstances, and that IR programs spark my humanitarian/intellectual passions as they clearly do others in this forum.
One additional remark: posting my stats was purely a tool to learn of others' opinions of my candidacy for certain programs. In no way was it an outlet to brag...in fact a month ago I was worried sick about getting stacks of rejection letters like a few of my friends have. Many of us have posted our stats to gage which programs suit us and are within our reach. Doing so and receiving trustworthy feedback has already been invaluable in helping me decide on the nine particular programs to which I am applying, and I am now much more confident. Applying to graduate school is daunting enough, it is a soul search in itself, and doing it from across the world as I prepare to move from one country to another to yet a third has been an added stress. I thank you all for making the process a lot easier for one another, and for me as well!
I come from the same outlook as riz1:
"Government Affairs" is not intended to be a cutthroat sector. All is based on (1) what you know, (2) WHO you know, and (3) how much you're willing to work with others, often whom you've never met. These are the things that will sustain our race and ensure a future that's slightly more peaceful than our past.
And Carpe, I say take the plunge, and good luck!