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re: How far did you go in school?

Posted on 6/25/13 at 12:42 pm to
Posted by BayouBengal
Member since Nov 2003
28275 posts
Posted on 6/25/13 at 12:42 pm to
It depends on the field honestly.
Posted by RebelOP
Misty Mountain Top
Member since Jun 2013
12478 posts
Posted on 6/25/13 at 12:48 pm to
quote:

It depends on the field honestly.


This is true, the wife is getting her masters in education right now and the pay jump will be $8k more a year. We are cash flowing it and in 2 years she will be done. The total cost for the masters program is around $12k.

I know guys graduating from law school that can't find jobs and have racked up $60k + in student loans.

Posted by reb13
Member since May 2010
10905 posts
Posted on 6/25/13 at 12:55 pm to
I am getting a masters in accounting and I know it won't help my earnings.
Posted by wiltznucs
Apollo Beach, FL
Member since Sep 2005
8960 posts
Posted on 6/25/13 at 1:11 pm to
MBA here, salary increase has been modest thus far but certainly opened doors that wouldnt have otherwise...
Posted by eelsuee
2B+!2B
Member since Oct 2004
4502 posts
Posted on 6/25/13 at 1:15 pm to
I make a little more with a MS than I would have with my BS, but not enough to justify the 2+ years of lost earnings while I was in grad school. I am in engineering BTW.

ETA: I went to grad school because I hated the job I got in 2003 right out of undergrad, and the economy was terrible for engineering jobs. I now have a job I like and make about 3X what I made in 2003. So I have no regrets.
This post was edited on 6/25/13 at 1:20 pm
Posted by RebelOP
Misty Mountain Top
Member since Jun 2013
12478 posts
Posted on 6/25/13 at 3:42 pm to
Your right, the CPA for you guys is more important but i'm not even sure how much of a difference that makes since everyone goes after it once they are working.
Posted by ZereauxSum
Lot 23E
Member since Nov 2008
10176 posts
Posted on 6/25/13 at 4:13 pm to
I have an MS in Finance. It helped get me all three of the jobs I have had since, even though I don't do much related to finance.

If I had not gotten the MS I would be making substantially less, mainly because I got an undergraduate degree with zero market value.
This post was edited on 6/25/13 at 4:15 pm
Posted by raw dog
Baton Rouge
Member since Nov 2011
483 posts
Posted on 6/25/13 at 7:24 pm to
MS has resulted in ~$15k higher salary for first job out of school. Missed a whole year of earning/experience while getting it though..
Posted by Beerinthepocket
Dallas
Member since May 2011
850 posts
Posted on 6/25/13 at 7:49 pm to
4 years undergrad LSU, 1 year masters at UT Austin. Salary not particularly, but without the masters I would not have had the multitude of job choices I had out of school.
Posted by SippyCup
Gulf Coast
Member since Sep 2008
6137 posts
Posted on 6/25/13 at 7:59 pm to
MBA, CPA

About to start a masters of taxation program.
Posted by raw dog
Baton Rouge
Member since Nov 2011
483 posts
Posted on 6/25/13 at 8:48 pm to
I wish I was a tax master.
Posted by reb13
Member since May 2010
10905 posts
Posted on 6/25/13 at 10:26 pm to
Why? I honestly do not see how a masters of tax would help you if you already have a CPA and MBA
This post was edited on 6/25/13 at 10:27 pm
Posted by Dead Mike
Cell Block 4
Member since Mar 2010
3375 posts
Posted on 6/25/13 at 10:39 pm to
Dat beard, though...
Posted by RickAstley
Reno, Nevada
Member since May 2011
1994 posts
Posted on 6/26/13 at 8:55 am to
I completed my B.S. in Computer Engineering and stopped at that. My salary is in direct correlation with the demand of my Software Development position. I had 3 offers coming out of college all +/-$3000 of each other. If I would have accepted any of the other 2 jobs instead of the one I did, my salary would be growing at a piddly rate, and any big increase in pay would be due to a promotion. My current company I can bargain for a higher salary or threaten to go to another company with better pay. 1 year in and I already have received 21% increase in salary, and my bonus is crushing what I got last year.
Posted by DawgCountry
Great State of GA
Member since Sep 2012
30535 posts
Posted on 6/26/13 at 12:22 pm to
MBA, I'm 26, yes i'm moving up quite quickly
Posted by SippyCup
Gulf Coast
Member since Sep 2008
6137 posts
Posted on 6/26/13 at 1:49 pm to
quote:

Why? I honestly do not see how a masters of tax would help you if you already have a CPA and MBA


I own my own practice so it wont really help.
Its always been one of my goals.
I have the time to do it, so why not?
This post was edited on 6/26/13 at 1:51 pm
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123743 posts
Posted on 6/26/13 at 1:54 pm to
quote:


Posted by NC_Tigah
Carolinas
Member since Sep 2003
123743 posts
Posted on 6/26/13 at 2:01 pm to
Far, fast, and yes.

and FWIW, wouldn't change my LSU undergrad/postgrad for any other. Served me very well.
Posted by yellowfin
Coastal Bar
Member since May 2006
97604 posts
Posted on 6/26/13 at 2:16 pm to
quote:

How far did you go in school?


all the way to the end
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 6/26/13 at 5:31 pm to
M.S. and MBA, received long ago from state colleges, provided me with good career path and income, but deciding to be my own boss in something I could have done with only a high school diploma provided the biggest payoff.
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