Master's Program - Is This Worth It?

[localh85]

I am looking at some Master's programs and I am curious if prestige will matter that much later in life for a Masters or if the more expensive one is even worth it for personal development?

 

Its probably subjective, but would like to hear any thoughts

 

About myself:

- have a job with high salary

- will still have same job when I finish school

- getting Master's for personal development, I don't need it to get a job

 

 

School A

- top 10

- pretty expensive, probably costs 100k for 2 years just for the program but I have some funding

- classes all look pretty great

 

School B

- rank 20-30ish

- not expensive, probably costs ~35k for 2 years

- classes are average 

 

 

[nugget]

You didn't mention what you mean by high salary, so unless it's a salary that's well into the 6 figures, I'd go for option B. Not only would option A cost you $100,000 but you would need to factor in loss of 2 years of salary to determine the true cost of attending this program. Unless you are really young and don't plan on having a family (anytime soon), or unless this school is on your bucket list and you would regret it for years to come, then I personally think it's not worth the cost.

Edited March 13, 2015 by jenste

[localh85]

Alright thanks. Salary is very close to 6 and I would also be getting paid while I attend.

[CFBrown]

I disagree. As long as you have the money and you're still getting paid to attend, I'd attend school A since it seems that's where your heart is.