Google Posted March 20, 2019 Posted March 20, 2019 (edited) I didn't get any scholarships or financial aid but I can borrow from my parents. They already paid for my undergrad degree from an expensive LAC and for my siblings as well and they are retiring now. I feel bad asking them to drain their nest egg. I don't know how long would it take me to earn it back and repay them. I may get married next year and he is a grad student himself with good amount of debt and not a high earning potential (want to teach high school) so life can get complicated. Is it worth it to spend >$200,000 on a masters degree or should I go to a lower ranking school for <$100,000? Edited March 20, 2019 by Google
bness2002 Posted March 23, 2019 Posted March 23, 2019 (edited) Honestly - Its not worth it in today's society, especially with the high debt in which most folks have after school. I don't know what your parents background is or wealth nest status is, but talk to them and tell them what you feel. Maybe ya'll can work out a plan to where you and your parents feel great in moving forward. My advice is work for a few years and then potentially apply later on down the road and get scholarship money then and/or use the tuition assistance program that your company might have. There are a ton of other IR programs (and online) out there that do not eat up your wallet !! Edited March 23, 2019 by bness2002 fixed
frenchphd Posted March 23, 2019 Posted March 23, 2019 Don't do either, to be honest. It's mostly a waste of money.
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