what are the benefits of getting a Master's?

Dear Summer

Golden Member
Sep 30, 2008
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I graduated undergrad with about 20k in debt. I am about to enroll in a part-time program for my Master's, which will cost me 40k.

20k + 40k = 60k. That's quite a lot. I will have a full time job while I pursue my Master's and I think I can pay each semester in cash to avoid loans. Is it worth it?

 

josh0099

Senior member
Aug 8, 2004
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Wait to do the Masters program till you find out your company's benefits....They may pay for all/most of it.
 

Dear Summer

Golden Member
Sep 30, 2008
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Originally posted by: josh0099
Wait to do the Masters program till you find out your company's benefits....They may pay for all/most of it.

I looked but they don't have any tuition reimbursement
I don't plan/want to stay with the company too long
 

josh0099

Senior member
Aug 8, 2004
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Well then depends on what you are getting exactly and what your undergrad is in....Talking from a Engineer prospective, a masters degree will only help you advance faster/start out a bit higher. So I wouldn't do it till you get to a place that would pay for it. A MBA is good if you want to go to management, but then again you need to get some other experience till you can get into management. So that goes back to the wait till you can find someone to pay for it.
 

Skeeedunt

Platinum Member
Oct 7, 2005
2,777
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- Waste time
- Waste money
- Grow a beard
- Learn useless junk
- Longer resume w/ more letters

The possibilities are endless!
 

Triumph

Lifer
Oct 9, 1999
15,031
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If you ever want to consider teaching, you would need at least a master's to teach at a college level (community) and it'd help if you wanted to teach high school.
 

DaWhim

Lifer
Feb 3, 2003
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I got a combined ba/ma degree in 4 years. benefits? never have to go back to school again, at least not for another master.
 

imported_Imp

Diamond Member
Dec 20, 2005
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Masters pricing is BS most of the time. I'm considering an MBA in the near future, and the prices here range from $5k to $60k. Why don't I just blow someone, and get it done with, for a better position.
 

IronWing

No Lifer
Jul 20, 2001
73,116
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Depends on the field. In my field a BS will get you a grunt level job with almost no advancement opportunity. An MS is the new BS and will get you a grunt level job with advancement opportunities.

Also, in the sciences nearly all grad students get RAs or TAs with stipends that allow them to get through school and about break even.
 

Farang

Lifer
Jul 7, 2003
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Originally posted by: ironwing
Also, in the sciences nearly all grad students get RAs or TAs with stipends that allow them to get through school and about break even.

Even liberal arts fields usually offer a lot of incentives. I wonder what the OP is going for, unless it is an MBA or law he shouldn't be paying $40k out of pocket (and might be better off just taking on part-time work while pursuing a traditional program).
 

Dear Summer

Golden Member
Sep 30, 2008
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Originally posted by: Farang
Originally posted by: ironwing
Also, in the sciences nearly all grad students get RAs or TAs with stipends that allow them to get through school and about break even.

Even liberal arts fields usually offer a lot of incentives. I wonder what the OP is going for, unless it is an MBA or law he shouldn't be paying $40k out of pocket (and might be better off just taking on part-time work while pursuing a traditional program).

it's for MS in Engineering

I work full time and this is a part-time program
I think it will help open more career opportunities since the school is well respected in its region (where I want to live and work in the future)
 

RKS

Diamond Member
Oct 9, 1999
6,824
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Having a Master sucks. You have to do what they say. They don't pay you any money. They chop off your big toe when you try to free your self. They try to give you a weird name and if you don't like it; well, you get the living shit beat out of you.
 

Capt Caveman

Lifer
Jan 30, 2005
34,543
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Originally posted by: RKS
Having a Master sucks. You have to do what they say. They don't pay you any money. They chop off your big toe when you try to free your self. They try to give you a weird name and if you don't like it; well, you get the living shit beat out of you.

Get back to picking cotton, Kunta Kinte!!!!
 

TridenT

Lifer
Sep 4, 2006
16,800
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Originally posted by: Dear Summer
Originally posted by: Farang
Originally posted by: ironwing
Also, in the sciences nearly all grad students get RAs or TAs with stipends that allow them to get through school and about break even.

Even liberal arts fields usually offer a lot of incentives. I wonder what the OP is going for, unless it is an MBA or law he shouldn't be paying $40k out of pocket (and might be better off just taking on part-time work while pursuing a traditional program).

it's for MS in Engineering

I work full time and this is a part-time program
I think it will help open more career opportunities since the school is well respected in its region (where I want to live and work in the future)

From what I have been told by all engineering teachers is that you basically need an masters now... So suck it up and get it bitch.
 

Dear Summer

Golden Member
Sep 30, 2008
1,015
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Originally posted by: TridenTBoy3555
Originally posted by: Dear Summer
Originally posted by: Farang
Originally posted by: ironwing
Also, in the sciences nearly all grad students get RAs or TAs with stipends that allow them to get through school and about break even.

Even liberal arts fields usually offer a lot of incentives. I wonder what the OP is going for, unless it is an MBA or law he shouldn't be paying $40k out of pocket (and might be better off just taking on part-time work while pursuing a traditional program).

it's for MS in Engineering

I work full time and this is a part-time program
I think it will help open more career opportunities since the school is well respected in its region (where I want to live and work in the future)

From what I have been told by all engineering teachers is that you basically need an masters now... So suck it up and get it bitch.

aren't you a pimply faced 4 year university reject? why are you even in this thread?
 

TruePaige

Diamond Member
Oct 22, 2006
9,874
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Well if you are going into accounting as an example, you can't even sit for your CPA in most places with a BS.
 

TridenT

Lifer
Sep 4, 2006
16,800
45
91
Originally posted by: Dear Summer
Originally posted by: TridenTBoy3555
Originally posted by: Dear Summer
Originally posted by: Farang
Originally posted by: ironwing
Also, in the sciences nearly all grad students get RAs or TAs with stipends that allow them to get through school and about break even.

Even liberal arts fields usually offer a lot of incentives. I wonder what the OP is going for, unless it is an MBA or law he shouldn't be paying $40k out of pocket (and might be better off just taking on part-time work while pursuing a traditional program).

it's for MS in Engineering

I work full time and this is a part-time program
I think it will help open more career opportunities since the school is well respected in its region (where I want to live and work in the future)

From what I have been told by all engineering teachers is that you basically need an masters now... So suck it up and get it bitch.

aren't you a pimply faced 4 year university reject? why are you even in this thread?

I never got rejected from a 4 year university... I don't want to waste money at one.
 

Fenixgoon

Lifer
Jun 30, 2003
33,400
13,004
136
Originally posted by: Riceninja
so you can live with regret knowing how close you came to a phd.

lawlz.

sorry, but a phd is not worth wasting another 5 years of my 20's living as a broke-ass student, when i can be making 4-5x as much as a BS or BS/MS (i am doing a combined BS/MS program)
 

TridenT

Lifer
Sep 4, 2006
16,800
45
91
Originally posted by: Fenixgoon
Originally posted by: Riceninja
so you can live with regret knowing how close you came to a phd.

lawlz.

sorry, but a phd is not worth wasting another 5 years of my 20's living as a broke-ass student, when i can be making 4-5x as much as a BS or BS/MS (i am doing a combined BS/MS program)

Really-really not worth it for engineering.
 

RKS

Diamond Member
Oct 9, 1999
6,824
3
81
Originally posted by: TridenTBoy3555
Originally posted by: Dear Summer
Originally posted by: TridenTBoy3555
Originally posted by: Dear Summer
Originally posted by: Farang
Originally posted by: ironwing
Also, in the sciences nearly all grad students get RAs or TAs with stipends that allow them to get through school and about break even.

Even liberal arts fields usually offer a lot of incentives. I wonder what the OP is going for, unless it is an MBA or law he shouldn't be paying $40k out of pocket (and might be better off just taking on part-time work while pursuing a traditional program).

it's for MS in Engineering

I work full time and this is a part-time program
I think it will help open more career opportunities since the school is well respected in its region (where I want to live and work in the future)

From what I have been told by all engineering teachers is that you basically need an masters now... So suck it up and get it bitch.

aren't you a pimply faced 4 year university reject? why are you even in this thread?

I never got rejected from a 4 year university... I don't want to waste money at one.

Are you considering the U of Phoenix as well? I haven't got my acceptance letter yet but I am already scoping out local positions as a medical administrative assistant.
Stay away from ITT Tech however. The chicks there are fugly.

 

TruePaige

Diamond Member
Oct 22, 2006
9,874
2
0
Originally posted by: Fenixgoon
Originally posted by: Riceninja
so you can live with regret knowing how close you came to a phd.

lawlz.

sorry, but a phd is not worth wasting another 5 years of my 20's living as a broke-ass student, when i can be making 4-5x as much as a BS or BS/MS (i am doing a combined BS/MS program)

Masters to Phd doesn't have to take 5 years...0.o