I’m debating dropping $20k for a credential. It’ll definitely help my career, but I’m not sure if the pay raise will cover the debt quickly enough. If you've been through something like this, how did you figure out if the debt is worth it?

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What do you mean a credential? Do you mean credentialing with Carriers? Please reply.

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That’s a big decision! I’ve been there too. I usually weigh the potential benefits against the costs. It helps to look at how long it’ll take to see a return on that investment.

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Compare the information for the job you want or have and the average education for the region you live on ONetonline.org. Those figures are averages. Look at job postings and see if the credential is listed as a preferred or required element. Ask an executive or senior manager at your company for their opinion on the credential. Do not borrow at a high interest rate to pay for it. Make sure to compare the program itself against others and make sure the education you invest in is accredited.

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