I've done some crunching on my expenses and I've got to make some hard choices. I've just started a program for an MA in history. My BA is in the same thing. However, it looks like I won't be getting much financial aid, except for loans.
I don't think I can work a full-time job and succeed in grad school. I successfully did it during my undergrad, but grad school takes more concentration. I have enough in savings to last 2 years if I work part time. At the completion of my master's I'll be about broke.
They're offering me $8500 a year in loans, which is about what I need for school and rent. But then I'd be adding $17k to the $10k I already have in student loan debt.
Or I could just finish this semester of school and then go to work somewhere full time for a couple years and come back to school. I worry that this degree won't pay off vs. what I'm going to have to spend to get it, so I'm seriously considering that too. Will an MA really pay off in the workforce?
2007-08-28 11:54:33 · 5 answers · asked by redguard572001 2 in Business & Finance ➔ Other - Business & Finance
I don't know what you plan to do with a history degree. School teacher maybe if you get a teaching certificate. Can you do some teaching at school while a student so you can earn some money?
Seventeen thousand isn't huge for student loans but if you land a job making 24K after graduation and have to pay it back it might be a burden. How much demand is there for history grads? Is the Masters going to earn you much more than your BA?
2007-08-28 12:04:46 · answer #1 · answered by shipwreck 7 · 1⤊ 1⤋
Finish your education! Search the inernet!!!!!! There are plenty of places to recieve financial aid, grants, and lottery money for education. AOL just did a story on this in the past few days. Research shows that technology is on the increase yearly and if you dont learn it in college you may be left without a job after college! Thousands go into debt each year paying for a college education! You can always get a debt cosolidation loan to reorganize debt. You can always work when school is out and save for the next year!
2007-08-28 12:06:27 · answer #2 · answered by Laurie P 2 · 0⤊ 0⤋
Unless you're already a brain surgeon, I doubt that grad school is going to tax you so badly you have to quit working full time.
If you're unable to do both, what about part time school? And have you actually done the math to see if there are jobs in your chosen career field? What job do you expect to get with an MA in history? Look at those jobs, look at the average salaries, and THEN make your decision...
2007-08-28 12:04:59 · answer #3 · answered by Dena 4 · 0⤊ 0⤋
go into debt pay up later
2007-08-28 12:04:23 · answer #4 · answered by danny 1 · 1⤊ 0⤋
Just don't quit school!
2007-08-28 15:32:39 · answer #5 · answered by Jennifer 6 · 0⤊ 0⤋