So here it is… my graduate school rant. I know some of you have been waiting for me to post my feelings in public so others can get a taste of the pain you have had to go through as my friend.
What good is graduate school when you are uncertain about your future and the exact details of your next job?
Jack-shit.
OK, I said that for effect. (Sorry mom.)
It’s possible it’s just the individuals I meet, but I can’t figure out what is going on out there. Why do so many people run back to get more schooling as a primary next step career option? It is most concerning when they aren’t even sure how it will move them forward in their careers. DON’T GO GET YOUR GRADUATE DEGREE UNLESS you can not get into the job you really want without it. Plus, BE SURE you already possess the prerequisite experience & education for that job. Don’t give me the “it will just make me better” crap excuse… You can be better without it AND stay out of debt AND have more time to actually pursue your goals.
Next Post = My alternatives to graduate school for those who are thinking about going BUT have no idea about how it will get you forward towards actual life goals.
BONUS = The basic math …. I really hope you have a very nice job upgrade waiting for you on the other side. FYI – Grad school does NOT pay for itself if you want to teach, do social work or be an upgraded pastor. You have to be in those careers because your heart is in them.
Loan Balance:$60,000.00
Loan Interest Rate:6.80%
Loan Term:10 years
Monthly Loan Payment:$690.48
Number of Payments:120
Cumulative Payments:$82,857.94
Total Interest Paid:$22,857.94