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MRSJLK
YAY, I'm a MRS.
Member since 3/04 1721 total posts
Wedding Date:
5/1/2005 3:00 PM
Wed. Location:
North Ritz Club
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Do you think it is worth it to take out a $40,000 student loan to...
attend Grad School??
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Posted 11/4/05 11:05 AM 
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eogara
Newlyweds!!!!
Member since 2/04 6592 total posts
Wedding Date:
4/3/2005 6:00 PM
Wed. Location:
Milleridge Cottage
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Re: Do you think it is worth it to take out a $40,000 student loan to...
There are sooooo many factors that go into this but if this is ultimately what you want to do, yes, I do think it's worth it.
GL!
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Posted 11/4/05 11:17 AM
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cjb88
I'm a married lady!!!
Member since 11/04 7315 total posts
Wedding Date:
4/8/2006 6:00 PM
Wed. Location:
Hamlet Willow Creek A+++++++
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Re: Do you think it is worth it to take out a $40,000 student loan to...
i did it...
actually, maybe it was only $20k, but i also had $20k in loans from undergrad... but i had to do it, if i didnt I wouldnt have a job today...
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Posted 11/4/05 11:57 AM
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MRSJLK
YAY, I'm a MRS.
Member since 3/04 1721 total posts
Wedding Date:
5/1/2005 3:00 PM
Wed. Location:
North Ritz Club
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Re: Do you think it is worth it to take out a $40,000 student loan to...
thanks! I am still waiting to hear if I even got accepted into the program  but if they do then I am faced with taking out Student Loans or hopefully getting a scholarship or something....my job helps a little bit...they give $3,000 per year towards school but when you have to pay almost 1,000 per credit  thats not a lot.
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Posted 11/4/05 12:01 PM
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FUTUREBRIDETOKEITH
winter already?
Member since 9/05 2326 total posts
Wedding Date:
6/15/2007 12:00 AM
Wed. Location:
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Re: Do you think it is worth it to take out a $40,000 student loan to...
If it will help your future Go for it. I dropped out because I ran out of money for one class then I would have had a associates in computer programming now I am stuck in dead end jobs
GO FOR IT!
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Posted 11/4/05 12:13 PM
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MayBride06
It's all about the flatbread!!
Member since 11/03 5556 total posts
Wedding Date:
5/28/2006 3:00 PM
Wed. Location:
out east
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Re: Do you think it is worth it to take out a $40,000 student loan to...
absolutly. Unfortunately, how many of us have that kind of cash lying around. School is an investment in your future, so yes it is worth it! Most people take out loans to pay for school.
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Posted 11/4/05 12:33 PM
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Lori0517
Where has the time gone????
Member since 2/04 1577 total posts
Wedding Date:
8/20/2005 6:30 PM
Wed. Location:
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Re: Do you think it is worth it to take out a $40,000 student loan to...
absolutely, best money ever spent
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Posted 11/4/05 12:52 PM
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roxyspark
Good times!!
Member since 8/05 1334 total posts
Wedding Date:
6/17/2006 7:00 PM
Wed. Location:
Milleridge Cottage
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Re: Do you think it is worth it to take out a $40,000 student loan to...
It depends on your field, but as a recruiter I know that a graduate degree will open a lot of doors for you and almost always increase your salary.
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Posted 11/4/05 1:04 PM
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lilacwine
In-between days
Member since 9/04 1470 total posts
Wedding Date:
5/14/2005 12:00 AM
Wed. Location:
booked
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Re: Do you think it is worth it to take out a $40,000 student loan to...
I think it depends. How long will it take you to make the $40,000 back with a new job featuring your new degree? How much happier will you be and how much more autonomous, challenged and interested will you be in your work after you get the degree?
I took a much smaller loan for grad school and I'm glad I did it. I took my time paying it off so it wouldn't be much of a burden each month.
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Posted 11/4/05 1:08 PM
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heidla
Anyone care for a spot of tea?
Member since 10/02 5901 total posts
Wedding Date:
5/28/2004 7:00 PM
Wed. Location:
The Snuff Mill at the NYBG
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Re: Do you think it is worth it to take out a $40,000 student loan to...
Posted by eogara
There are sooooo many factors that go into this but if this is ultimately what you want to do, yes, I do think it's worth it.
GL!
Agreed!!!
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Posted 11/4/05 1:26 PM
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dgtlsunshine
Back to the Workforce :)
Member since 12/01 2840 total posts
Wedding Date:
7/7/2002 12:00 AM
Wed. Location:
Coral House
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Re: Do you think it is worth it to take out a $40,000 student loan to...
Yes!
Every job I have had since grad school my masters degree got me to the interview and has allowed me to ask for more money when negotiating salary.
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Posted 11/4/05 2:34 PM
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ShortBride
Happily Married
Member since 6/05 1244 total posts
Wedding Date:
11/5/2005 7:00 PM
Wed. Location:
Manor East
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Re: Do you think it is worth it to take out a $40,000 student loan to...
Depends on the type of program. Be careful with loans, I speak from experience. But, if its a program that will lead to a job thatyou love, its worth it
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Posted 11/4/05 3:06 PM
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MRSJLK
YAY, I'm a MRS.
Member since 3/04 1721 total posts
Wedding Date:
5/1/2005 3:00 PM
Wed. Location:
North Ritz Club
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Re: Do you think it is worth it to take out a $40,000 student loan to...
 THANKS EVERYONE!! You all help me ease my mind about the loan situation!!!
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Posted 11/4/05 4:13 PM
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glinda_goodwitch
I married my best friend...
Member since 3/05 8735 total posts
Wedding Date:
6/17/2006 5:30 PM
Wed. Location:
Jericho Terrace
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Re: Do you think it is worth it to take out a $40,000 student loan to...
I'd say no. But that is because in my field people pay YOU to go to grad school, not the other way around. But I know a lot of fields aren't like that. $40,000 is a lot though. Do you have a job also?
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Posted 11/4/05 6:01 PM
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2003wedding.
"I'm Addicted"
Member since 6/02 2153 total posts
Wedding Date:
7/5/2003 3:00 AM
Wed. Location:
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Re: Do you think it is worth it to take out a $40,000 student loan to...
you can't put a price on a good education!!--i say go for it especially if it will help you in the long run.......try to see what scholarships are out there........what school are you looking into? good luck w/your decision!
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Posted 11/4/05 6:12 PM
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september2004
It's An Obsession
Member since 9/03 3384 total posts
Wedding Date:
9/18/2004 2:00 PM
Wed. Location:
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Re: Do you think it is worth it to take out a $40,000 student loan to...
Posted by glinda_goodwitch
I'd say no. But that is because in my field people pay YOU to go to grad school, not the other way around. But I know a lot of fields aren't like that. $40,000 is a lot though. Do you have a job also?
i was always of this mindset as well. currently i'm electing to hold off because i have the hopes of starting a family and being the primary person in charge of child care. the last couple companies i worked for would have not given the option to pay for school, and now being older i can't justify going into debt if i may not be 100% career driven in the future. i will always have to work, but i don't see the huge ROI in my case.
if i didn't want kids and raise a family, i would take on the debt and bust my *** in a heartbeat.
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Posted 11/4/05 7:16 PM
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hbradio
Our board is gone :-(
Member since 11/03 9840 total posts
Wedding Date:
4/29/2005 4:00 PM
Wed. Location:
Chateau Briand
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Re: Do you think it is worth it to take out a $40,000 student loan to...
I think it depends on the job market situation and the field you are in. Good luck!
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Posted 11/4/05 7:17 PM
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beautyq115
Board Princess
Member since 12/04 16774 total posts
Wedding Date:
7/16/2006 3:00 PM
Wed. Location:
Swan Club...AMAZING
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Re: Do you think it is worth it to take out a $40,000 student loan to...
Can you find a cheaper school? Not sure what you are going for. I went to a school that was really expensive only because I made a quick decision to go there and they had rolling admission. If I had done some research I would have gone to a cheaper school with a better reputation.
BUT if you are going to a school that has a great reputation for what you are majoring in..GO FOR IT!
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Posted 11/4/05 7:19 PM
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Preshy7
I love being his wife
Member since 12/04 4958 total posts
Wedding Date:
4/22/2006 3:00 PM
Wed. Location:
Hamlet Willow Creek - PERFECTION
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Re: Do you think it is worth it to take out a $40,000 student loan to...
will you use it and will it benefit your career?
are you trying to buy a house? is there any way to get a job that will help you pay for it as part of the benefits?
so many factors but its a wonderful thing to do if you have the means.
my company helped pay for mine as did schoalrships. i will say the night school was hard on me but in the end very well worth it!
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Posted 11/5/05 10:05 AM
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N.Y.bride
Beyond Obsession
Member since 3/05 7206 total posts
Wedding Date:
7/28/2005 11:30 AM
Wed. Location:
Chateau La Mer A++++++
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Re: Do you think it is worth it to take out a $40,000 student loan to...
Id say its worth it, however $1,000 per credit is a bit much. Is there a way you can go to a cheaper school and get the same benefits?
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Posted 11/5/05 10:41 AM
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espresso
"I'm Addicted"
Member since 9/05 1319 total posts
Wedding Date:
8/31/2007 12:00 AM
Wed. Location:
done
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Re: Do you think it is worth it to take out a $40,000 student loan to...
It depends...what are you going to grad school for?
I will have a total of about 120,000 in debt by the time I'm done with law school.
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Posted 11/5/05 1:41 PM
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mbm750
I'm a wife!
Member since 3/05 1232 total posts
Wedding Date:
5/27/2006 3:00 PM
Wed. Location:
Milleridge Cottage
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Re: Do you think it is worth it to take out a $40,000 student loan to...
I think the answer is almost always yes - but you have to consider how much you want this, what your earning potential will be when you're done, and whether this particular program/school will help you find a job, what kind of job, how much pay, etc. I have about 160K in loans from law school and undergrad (I just graduated in May), but it was worth every penny. I passed up a scholarship to go to the school I went to but it more than paid off in the job search. And, even if you're talking about a masters in lower paying fields, if it's going to make you happy and get you a job you really want, I still think you should do it. You get a long time to pay off the loans and 40K is actually not that bad for school these days. Good luck!!!
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Posted 11/6/05 4:29 PM
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steph4777
My little cutie pie!
Member since 11/03 2843 total posts
Wedding Date:
7/31/2004 6:00 PM
Wed. Location:
Larkfield Manor
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Re: Do you think it is worth it to take out a $40,000 student loan to...
I did it.... I considered it an investment in myself. DH will have close to $80K in student loans by the time he's done with law school. Luckily he didn't have any undergrad loans.
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Posted 11/7/05 8:54 PM
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06NovBride
We're Married
Member since 11/04 2981 total posts
Wedding Date:
11/24/2006 7:00 PM
Wed. Location:
East Wind
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Re: Do you think it is worth it to take out a $40,000 student loan to...
You really have to sit down and think about it. Work it out moneywise. I currently have $25,000 in student loans from my undergrad and my expected payment is about $200 a month, so with $40,000 you'd have to expect it to be around $300-$400. If the job you can get after you get out of grad school will cover that extra expense then I say go for it.
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Posted 11/7/05 9:31 PM
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MRSJLK
YAY, I'm a MRS.
Member since 3/04 1721 total posts
Wedding Date:
5/1/2005 3:00 PM
Wed. Location:
North Ritz Club
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Re: Do you think it is worth it to take out a $40,000 student loan to...
Posted by N.Y.bride
Id say its worth it, however $1,000 per credit is a bit much. Is there a way you can go to a cheaper school and get the same benefits?
I wish I could...it's a program related to Media Studies and I haven't found any other schools that has a program such as this one. I still have to get accepted into the program...I find out the first week in Dec.
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Posted 11/8/05 4:39 PM
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