MoneyTalk Stories

December 17 2017, 3:13PM PST

Is an MBA Worth the Money?

Many students that are considering pursuing an MBA ask themselves this question prior to enrolling in graduate school: is the cost of an MBA worth the end-result? In part, the answer depends on how hard you work, what type of program you enroll in, and the state of the economy upon your graduation. However, many studies show that MBA graduates earn significantly more than their non-MBA holding business professionals. Consider this advice from Hobsons' MBA Central:

At a time of global [Read More]

Ways to Save Money While in College

Finding sources of paying for you college education can be a nightmare. There are hundreds of grants and scholarships to apply for, and, even when you get the financial aid you need, it's not always enough to cover your living expenses. Therefore, it's important that students know how to stretch what little money they have. Consider these money-saving tips from CollegeScholarships.org:

  1. Get a free checking and savings account. The bank will nickel and dime you on dumb stuff like too many [Read More]

How to Finance your MBA Education

While tuition costs are the number one concern of MBA-seekers, there are a lot of other costs that students must plan for when considering enrolling in an MBA program. Cost of living, textbooks, and software costs are just some of the other expenses of students in an MBA program. Students who are not going to work need to know all of the possible funding sources available to them. Consider these sources listed at MBAMap.com:

MBA Loans
There are a number of [Read More]

Paying for Grad School

There are three major sources of funding for a graduate school education: individual, federal, and school. When deciding how you're going to fund your graduate school education, consider this advice on the forms of funding from GradSchoolTips:

If at all possible, it's best to pay for as much of your graduate school as possible without resorting to borrowing. Many grad students find that, with their considerable knowledge of a subject matter, they're able to make money tutoring school kids or even [Read More]

Website Ranks Online Degrees by Cost

GetEducated.com has recently released their annual affordability rankings of online colleges that offer degrees in the social sciences, psychology, and human services. Their results rate 26 accredited online universities on the cost of their master's degree courses. According to PRWeb:

West Virginia University ranks number one on GetEducated.com's Best Buy list for their distance master's in rehabilitation counseling management. State residents will pay a remarkably low rate of about $2,500 for the entire master's while non-residents can expect to pay significantly [Read More]

Life Balance: Student Loan Regulation

Many students these days rely on student loans to go to college. With tuition increases nationwide, parents are finding it more and more difficult to fund their child's college education without assistance. But whom do you trust to make sure the loan is in your best interest? The Bush administration wants to regulate the relationship between universities and lenders

WASHINGTON (AP) -- The Bush administration has proposed new rules aimed at clamping down on conflicts of interest in [Read More]

Finance Your Education: The GI Bill

Because online education is a relatively new institution, there has been some question as to whether or not the GI Bill, a military institution begun in 1944, would apply. The answer: It does. Considered an IHL or institute of higher learning, many online education programs are covered under the GI Bill, including non-degree programs like HVAC or other vocational certifications. According to the U.S. Department of Veteran Affairs:

The GI Bill is available for attendance at IHLs such as:

Where You'll Incur the Most and Least Debt

In their 2008 graduate school report, U.S. News and World Report compiled numbers from 2006 graduates of MBA schools around the nation to determine what programs have students with the most and the least debt after graduation. Below are the top five schools from each end of the spectrum:

Most Debt:
University of Chicago
Stanford University
Dartmouth College
Yale University
Rice University

Least Debt:
James Madison University
New Mexico State University
University of Vermont
[Read More]

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