I got conditionally accepted (need to complete a calculus course from any institution) to Columbia SIPA for MPA without any financial aid so far. I got the decision on March 16th and in it they said more information about cost and financial aid would be given in a few weeks. Still waiting! I want to pursue a Policy PhD after this. I am a 36 old Canadian (originally from Bangladesh but now a Canadian citizen), married (my wife is working too), have a 6 year old son, and have a house mortgage to pay. I have an MBA from Canada, do not have any previous student loans and have been working in the non-profit and academic research sectors for the past 7+ years. Is taking on student loan to pursue my dreams worth it at this stage? I am passionate about public policy and really want to join the academia. Thoughts? By the way, I got waitlisted for Georgetown MPP and rejected by Harvard for MPA2. Still waiting for a decision from Cornell CIPA for MPA.