Comments on: A Simple Cost and Benefit Analysis of Graduate School http://baglady.dreamhosters.com/2007/07/31/a-simple-cost-and-benefit-analysis-of-graduate-school/ Attempts at a Sustainable Lifestyle... Sat, 21 Nov 2009 16:47:07 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: admin http://baglady.dreamhosters.com/2007/07/31/a-simple-cost-and-benefit-analysis-of-graduate-school/comment-page-1/#comment-1983 admin Fri, 13 Jun 2008 00:01:47 +0000 http://baglady.dreamhosters.com/2007/07/31/a-simple-cost-and-benefit-analysis-of-graduate-school/#comment-1983 My parents both have MBAs, and I can assure you that their salaries are not triple of mine. Don't get me wrong, they are paid very well, but they only get paid maybe 20 to 30% more than me and they have 10+ years of experience. I'm pretty sure if I work 10 more years I would be at that level, too. I have thought of getting an MBA, too, but right now I just don't feel a need for it. Another thing is that I hate managing people. In my last job I had to manage a few engineers from India and it was a pain in the butt. I think engineering fits my personality and schedule pretty well, so I am going to stick with it for now. My parents both have MBAs, and I can assure you that their salaries are not triple of mine. Don’t get me wrong, they are paid very well, but they only get paid maybe 20 to 30% more than me and they have 10+ years of experience. I’m pretty sure if I work 10 more years I would be at that level, too. I have thought of getting an MBA, too, but right now I just don’t feel a need for it. Another thing is that I hate managing people. In my last job I had to manage a few engineers from India and it was a pain in the butt. I think engineering fits my personality and schedule pretty well, so I am going to stick with it for now.

]]> By: Jemma http://baglady.dreamhosters.com/2007/07/31/a-simple-cost-and-benefit-analysis-of-graduate-school/comment-page-1/#comment-1982 Jemma Thu, 12 Jun 2008 23:28:11 +0000 http://baglady.dreamhosters.com/2007/07/31/a-simple-cost-and-benefit-analysis-of-graduate-school/#comment-1982 Thanks for pointing me to this post. I certainly can't speak to computer science grad degrees. My MBA has paid for itself many times over. My annual income tripled pre-MBA to post-mba, and due to the compound effect of annual raises, bonuses, and $ increases from job changes, continues to increase the ROI I got out of it. MBA's in tech fields go really far, because there are a million engineers... most of which don't know anything about running a business. 2 years goes quick. Get pregnant during your 2nd year, or just after graduation!!! Thanks for pointing me to this post. I certainly can’t speak to computer science grad degrees. My MBA has paid for itself many times over. My annual income tripled pre-MBA to post-mba, and due to the compound effect of annual raises, bonuses, and $ increases from job changes, continues to increase the ROI I got out of it. MBA’s in tech fields go really far, because there are a million engineers… most of which don’t know anything about running a business. 2 years goes quick. Get pregnant during your 2nd year, or just after graduation!!!

]]> By: admin http://baglady.dreamhosters.com/2007/07/31/a-simple-cost-and-benefit-analysis-of-graduate-school/comment-page-1/#comment-898 admin Tue, 18 Dec 2007 09:10:32 +0000 http://baglady.dreamhosters.com/2007/07/31/a-simple-cost-and-benefit-analysis-of-graduate-school/#comment-898 Other things increasing faster than the official CPI are health insurance, housing, and food. Basically wages aren't really keeping up. Other things increasing faster than the official CPI are health insurance, housing, and food. Basically wages aren’t really keeping up.

]]> By: DanB http://baglady.dreamhosters.com/2007/07/31/a-simple-cost-and-benefit-analysis-of-graduate-school/comment-page-1/#comment-897 DanB Tue, 18 Dec 2007 08:56:48 +0000 http://baglady.dreamhosters.com/2007/07/31/a-simple-cost-and-benefit-analysis-of-graduate-school/#comment-897 Interesting pro vs. con analysis, I just had a comment on one of your cons.. "...with inflation, the cost of raising a child heightens as years go by." Inflations raises all costs and wages. Tuition prices are actually increasing faster than inflation, so looking at current trends it would be cheaper to go to school sooner than later. Most child-related costs will increase at rates near inflation, and hopefully your wages would increase at a similar rate as well. In other words, tuition inflation is likely to hurt you a lot more than child-related inflation. Interesting pro vs. con analysis, I just had a comment on one of your cons..

“…with inflation, the cost of raising a child heightens as years go by.”

Inflations raises all costs and wages. Tuition prices are actually increasing faster than inflation, so looking at current trends it would be cheaper to go to school sooner than later. Most child-related costs will increase at rates near inflation, and hopefully your wages would increase at a similar rate as well.

In other words, tuition inflation is likely to hurt you a lot more than child-related inflation.

]]> By: Peter http://baglady.dreamhosters.com/2007/07/31/a-simple-cost-and-benefit-analysis-of-graduate-school/comment-page-1/#comment-21 Peter Mon, 06 Aug 2007 20:06:02 +0000 http://baglady.dreamhosters.com/2007/07/31/a-simple-cost-and-benefit-analysis-of-graduate-school/#comment-21 "Those years of your life can never be recovered." That's going on my wall of quotes (if I had one). Also, I'm moderately surprised and quite disappointed to hear about your (our?) friend at MIT. Quite frankly I would expect engineers to be a bit more... rational in their human interaction. “Those years of your life can never be recovered.” That’s going on my wall of quotes (if I had one). Also, I’m moderately surprised and quite disappointed to hear about your (our?) friend at MIT. Quite frankly I would expect engineers to be a bit more… rational in their human interaction.

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