Feeling stuck. I have no savings, don’t come from old money, and want to change careers badly. Taking on a $100k loan is daunting given the market right now. But I genuinely don’t think I can pull off working while studying because I’m struggling my my current role and I want to focus on studying.

Anyone still taking the risk of taking big loans with no savings to matriculate?

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Posting as :
works at
You are currently posting as works at

What expenses are taking away your ability to save?

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Nothing really. I make peanuts at D, paid rent in HCOL area, paid off student loans with all the cash I had remaining.

I’ll save some, just won’t save enough by the time I matriculate to live for 2 years without working to focus on recruiting, networking etc

Is it a top school? If so go for it. You have to take risks in this life and unless you have another plan to rapidly increase your income or land a high paying job I’d do it given it’s a top 25 program

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Living is expensive in my city. I’m worried I’ll get so low on cash I’ll have to pick up a barista job somewhere.

I’m also seeing SO many MBA grads talking about the lack of opportunities nowadays.

Is the extended tuition assistance still offered? I believe that went up to 100k and required a 2 year commitment afterward

Not in my member firm. Sadly.

What school and what is your post mba goal?

Have you looked into part time programs?

Yup

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