Is Grad School Worth the Investment?

Brought to you by our partners at College Ave Student Loans.

With tuition costs on the rise, it’s only natural to want to assess what kind of a return you’ll get on your investment in grad school. So, how do you determine if it’s worth the money?

There is no one answer to that question. Your path to grad school—and the value you gain from it—can vary greatly. You may be set on going to a renowned and pricey school, or you may choose a more economical option. You may be eligible for a scholarship that will defray a lot of your costs, or maybe your employer will sponsor part of your schooling.

Before you make the big decision, let’s take a look at what questions you should be asking yourself.

textbooks

Questions to Ask Yourself Before Going to Grad School

Why do I want to go to grad school? Prioritizing your reasons for attending grad school is an important first step. After all, it’s hard to assess the value of a degree if you don’t first determine what you want to get out of that degree.

What do I want to do with my degree? Studies show that earning a master’s degree increases your earning potential, but that potential varies depending on your field. Take a look at some of the highest paying graduate degrees. Check out payscale.com and the Bureau of Labor Statistics to get a sense of how in demand your skills are and what your earning potential is.

Article Image 670x300

What is the net price to attend my grad school of choice? It’s easy to get sticker shock when looking at tuition costs, but before you panic, remember that you aren’t likely to have to pay full price for many schools. Talk with the financial aid office at the university to see what they offer for scholarships, grants, and other aid.

How soon do students graduate from my top school? If the average student takes an extra semester to graduate, they could be paying a hefty cost to do so. Take that into consideration when you make your calculations.

Learn More

Dive a little deeper into whether Grad School is right for you and find out what other questions to ask yourself. Visit the College Ave Student Loans blog for the full article!

textbooks

CJ_RelatedArticlesStrip

CJ_Financial_Aid_Guide

CJ_ReviewingLetters

0

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Popular Articles
9 Study Hacks to Help You Nail Your Next Exam

9 Study Hacks to Help You Nail Your Next Exam
10.01.18

Exams in college are inevitable, but that doesn't mean everybody will hunker down for a thorough study session before their big test. After all, studying can Read More…
9 Books to Add to Your Winter Reading List

9 Books to Add to Your Winter Reading List
11.30.18

We can't think of anything cozier than curling up indoors with a good book on a cold winter day. If you're on the same page as Read More…
6 Secrets to Time Management in Grad School

6 Secrets to Time Management in Grad School
10.13.16

Part of being a grad student is learning how to manage your time. After all, the work is definitely no walk in the park! Trying to juggle Read More…
5 Expenses You Might Be Able to Cut Back On

5 Expenses You Might Be Able to Cut Back On
11.12.18

Brought to You by our Partners at College Ave Student Loans It's a well-known fact that one of the best ways to save more is to spend less. Unfortunately, Read More…
Twitter
The College Juice © 2018