Getting cold feet about getting a Master's degree
July 25, 2012 7:10 AM Subscribe
Another "should I go to graduate school?" question.
posted by anonymous to Education (14 answers total)
- Six months ago, I was laid off from my corporate job, and received a severance package. Prior to being laid off, I had been toying with the idea of going back to school to get a master's degree in CSR / sustainable development, as this is a topic of interest for me and I have been looking for a way to sharpen my generalist background into something more specialised. I would like to use the Master's to later pursue work in corporate affairs or for a CSR/ sustainable development consultancy or NGO.
- After getting laid off, I applied and have been accepted into the program of my choice, which is a distance Master's program from a respected business school.
- The financial windfall from my severance package would make it possible for me to finance the entire Master's without taking on any debt. As it is a distance program, I am also able to stay in my current city and work while studying, and am currently working freelance for a single client. It seems fairly certain that I can continue this freelance project at least until the end of the year, with a possibility - though not a guarantee - to continue next year.
- I have no savings. The severance package was the first time I've ever had more than 5000 in my checking account. However, I live in an EU country with fairly strong social support system, I have a very supportive partner with a high-earning, stable job, and as mentioned I am able to freelance.
- The tuition for the program would eat up every cent of the severance package money.
So. Should I still do it? I'm nervous about the investment of time & money, and with all the "dear God don't go to grad school" comments on AskMefi, I'm worried that I'm making a foolish decision.