Re:I was a professor at four universities. I still couldn’t ...
by niels_olson on Sunday March 08, 2015 @11:48PM
(#9168927)
Uncle Sam was happy to pay for my grad school, including books, a stipend, and even travel. But I still had to take out money to cover the cost of tuition for my kids to go to a school where teaching occurred. But that's a New Orleans problem, not a grad school problem.
Did that make economic sense? Homo economicus math said yes. I still say yes. But I sure would like that $1000 a month back.
This is something you should have figured out before borrowing money for grad school. If there's truly no outlets commensurate with the debt, that's a powerful signal you should pay attention to.
Which brings up rule #2: if you can't convince someone to pay your way through grad school, don't borrow for one.