UrbanBaby - our hhi is about 75k (i work p/t). we h...

new post » see more posts »

our hhi is about 75k (i work p/t). we have some savings. dh is thinking about going back to school. worth using our savings for this? we were saving for a down payment. in theory, the money would pay off if he could get a better paying job.
11 replies
- Toddler
[ Reply | Watch | Options ]
05.05.08, 08:19 AM [ Flag ]
- back to school for what - it doesn't alwys mean you make more $$ to offset lost time and tuition costs
  [ Reply | Options ]
  05.05.08, 08:20 AM [ Flag | link to this post ]
- depends how much school is and how much better the job would be. If you are young and there are many working years ahead, then, yes, it is probably a good investment.
  [ Reply | Options ]
  05.05.08, 08:20 AM [ Flag | link to this post ]
- what is he going back to school for? what is the job market like for the job he "could" get by going back?
  [ Reply | Options ]
  05.05.08, 08:20 AM [ Flag | link to this post ]
  - he's looking into mba programs. possibly a jd. they are very expensive though. in theory, the job market should be good for those degrees.
    [ Reply | Options ]
    05.05.08, 08:22 AM [ Flag | link to this post ]
    - would he be gonig to a top 10 school?
      [ Reply | Options ]
      05.05.08, 08:23 AM [ Flag | link to this post ]
      - no. i don't think we could afford it.
        [ Reply | Options ]
        05.05.08, 08:24 AM [ Flag | link to this post ]
        
        i;ve heard mba's are only really useful if from a top school. it's more about networking than anything.
        [ Reply | Options ]
        05.05.08, 08:26 AM [ Flag | link to this post ]
    - an mba doesn't guarantee a great paying job
      [ Reply | Options ]
      05.05.08, 08:26 AM [ Flag | link to this post ]
      - op: of course. nothing is going to guarantee a job. but he's very stuck right now and this is the best thing we can think of.
        [ Reply | Options ]
        05.05.08, 08:29 AM [ Flag | link to this post ]
- You really need to keep 6 months of savings. If you will be able to pay off the school in 5-10 years after he finishes, you should be good
  [ Reply | Options ]
  05.05.08, 08:22 AM [ Flag | link to this post ]
  - op: the problem i have with this is that there's no way of knowing. he already went back to school and that degree did nothing for his job prospects. but b/c his job is relatively low paying, it wouldn't be too hard for him to get a higher paying job w with the advanced degree.
    [ Reply | Options ]
    05.05.08, 08:24 AM [ Flag | link to this post ]

UrbanBaby Asks...

When I ride in a taxi cab with my DC I:

Already voted? View Results

See previous polls »

Boards Help

Abbreviations
More Boards Help

Site Feedback Thank you for your feedback about the new site. We are paying close attention to your comments and we will incorporate them as we make improvements to the site. Please continue to report problems and offer feedback on the Site Feedback Board and visit our Site Talk blog for answers to some of your questions and updates on specific issues.

Flashback

Regrets

Greatest regret? Anyone?

Posted October 3, 2007(37 replies)

our hhi is about 75k (i work p/t). we have some savings. dh is thinking about going back to school. worth using our savings for this? we were saving for a down payment. in theory, the money would pay off if he could get a better paying job.

back to school for what - it doesn't alwys mean you make more $$ to offset lost time and tuition costs

depends how much school is and how much better the job would be. If you are young and there are many working years ahead, then, yes, it is probably a good investment.

what is he going back to school for? what is the job market like for the job he "could" get by going back?

he's looking into mba programs. possibly a jd. they are very expensive though. in theory, the job market should be good for those degrees.

would he be gonig to a top 10 school?

no. i don't think we could afford it.

i;ve heard mba's are only really useful if from a top school. it's more about networking than anything.

an mba doesn't guarantee a great paying job

op: of course. nothing is going to guarantee a job. but he's very stuck right now and this is the best thing we can think of.

You really need to keep 6 months of savings. If you will be able to pay off the school in 5-10 years after he finishes, you should be good

op: the problem i have with this is that there's no way of knowing. he already went back to school and that degree did nothing for his job prospects. but b/c his job is relatively low paying, it wouldn't be too hard for him to get a higher paying job w with the advanced degree.

UrbanBaby Asks...

When I ride in a taxi cab with my DC I:

Boards Help

Regrets