Should You Take Out Loans To Pay For Living Expenses In Graduate School?

Should You Take Out Loans To Pay For Living Expenses In Graduate School? I get lots of emails from readers who are either going back to school or considering it. Certainly, finishing your degree or going on to get a professional degree can be one of the best investments you can make, provided of course you pursue a degree that meets the following criteria: It’s in a field that’s in demand. It allows you to command a higher salary than you could otherwise earn. At the same time, you want to avoid getting an MBA just because you think you need it, or going to law school because you don’t know what else to do with your career. Graduate school should be a clear path to a more fulfilling career, a bigger paycheck, or (hopefully) both. Use our grad school ROI calculator to estimate the return on investment that grad school will provide. Fortunately, more education usually equals better pay. Over their lifetimes, college graduates will earn 1.66 times more than high school grads, according to The College Board. Those that obtain professional degrees will earn an average of 2.74 times more than high school graduates. What these numbers don’t take into account, however, is the cost of obtaining those degrees. Kristina MurrayKristina Murray extensive work experience that varies from programming to PR, I have come to learn that my passion is in digital transformations, digital business development and digital strategy. The analysis of data to improve an online position for any company is what drives me. – Digital Business Development / Strategy – Social networking strategy. – Digital advertising – E-Comercio

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