I have been thinking about going back to school for my Masters
#11
I did some research at work today. If i get an Engineering Management Masters at SMU (local private college) work will cover all excepr $4200. It will take roughly 3 years to complete. Best of all it is only 8-5 on my off Fridays. They offer a special program just for my company. We are off every other Friday. Seems like a no brainer to me.
#17
Moderator
iTrader: (19)
that's the tough part about college. By the time you graduate, your buddies who went straight to work after high school now have 4 years of experience; and every job posting seems to want experience in the field at least that is how it seems to work in my oil driven economy here in Houston. luckily I got out of oil/gas before it went to ****.
#18
Launching!
I don't know what industry you are in but go back and put a person with a degree against him when the supervisor position was open and 9/10 times I bet they'd give it to the person holding the degree, ceteris paribus.
#19
8 Second Truck Club
iTrader: (32)
I have several friend who have been through this same question. For about 95% of them, it didn't not significantly benefit them from an income standpoint. Matter of fact, it hurt them because almost all of them did so on student loans......which are the devil.
In a case where you are at a company that you love and they will pay for the education and there are clear opportunities for it to help you make either horizontal or up moves with in the company (think promotion), there is some merit to continue your education.
I've had friends that only looked at the promise of a 10+12k dollar a year raise being blinded by the fact that when they are done, they are stuck with a 60,000 dollar student loan bill.
In many cases, motivated workers can work themselves up the corporate ladder in the same amount of time to get a masters. Only difference is that the ones who did it by working hard at the company and being pro-active about pursuing higher positions are blessed by the fact that there isn't a ridiculous loan that then must be dealt with.
Student loans are about the most harmful debit a person can take on.
In a case where you are at a company that you love and they will pay for the education and there are clear opportunities for it to help you make either horizontal or up moves with in the company (think promotion), there is some merit to continue your education.
I've had friends that only looked at the promise of a 10+12k dollar a year raise being blinded by the fact that when they are done, they are stuck with a 60,000 dollar student loan bill.
In many cases, motivated workers can work themselves up the corporate ladder in the same amount of time to get a masters. Only difference is that the ones who did it by working hard at the company and being pro-active about pursuing higher positions are blessed by the fact that there isn't a ridiculous loan that then must be dealt with.
Student loans are about the most harmful debit a person can take on.