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re: Cash-flow 44 month MBA vs. Borrow for 22 month program
Posted on 3/21/17 at 1:23 pm to lynxcat
Posted on 3/21/17 at 1:23 pm to lynxcat
Let me second researching 513... You can get way more than the 2k annual education credit if you fall within the scope of an un-reimbursed business expense. Here's a handy little chart to see if you can deduct the whole thing.
This post was edited on 3/21/17 at 1:25 pm
1
Posted on 3/21/17 at 1:27 pm to redstickrun
Normally I'd be all for paying cash, but 44 months is a lOOONG time. So I'd do one of two things here, I'd save up for a year and then do the 22 months. Get it done in 36 months. Or, I'd do the 22 months.
Your life at age 30 can change drastically in 44 months/ 4 years. No way I'd do a 2 year school over 44 months at that age, it would be WAAAAY to easy for something to happen, you to have to move or stop, and never finish the education when having already paid for part of it.
Knock it out, get it over, save up money, cut your lifestyle, and get it all behind you asap.
Your life at age 30 can change drastically in 44 months/ 4 years. No way I'd do a 2 year school over 44 months at that age, it would be WAAAAY to easy for something to happen, you to have to move or stop, and never finish the education when having already paid for part of it.
Knock it out, get it over, save up money, cut your lifestyle, and get it all behind you asap.
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