Re: Do you think it is worth it to take out a $40,000 student loan to...
I'm a wife!
1229 TOTAL POSTS
5/27/2006 3:00 PM
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!!!