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Raise Your Hand If Grad School Is Looking More Appealing

Wed, 07/09/2008 - 3:07am by SavvySugar
403 Views - 27 comments

Per usual in a weak economy that's spurned hundreds of thousands of layoffs, business school admissions have seen the number of applicants jump visibly. Some workers strategize it's the best option for boosting their resumes and setting themselves up for a better job offer once the market picks up again.

It's not the safest of havens as many rely on student loans to pay tuition and there aren't any promises that opportunity will be knocking on the other side of their degrees. It does seem that everyone knows someone who has taken the GMAT and considered applying to B-School, but their consideration does not guarantee admission and the competition will be more fierce as applicant pools grow.

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27 Comments Add a Comment

  • emmag's picture
    emmag
    1

    I'm in business school right now and I can't think of a better way to weather the economic storm. A lot of people who leave work to go to school worry about interrupting their careers. But if times are tough out there, then you probably won't be sacrificing that much by dropping out of the workforce.

    The economy will inevitably bounce back, so improving yourself in the mean time is really a sound economic decision, in my opinion.

    26 weeks 4 hours ago Report Comment
  • ladypenguin's picture
    ladypenguin
    2

    I'm not planning to leave work to go back (having no moeny would be a lot worse than what I'm making now), but I am apply for grad school. The student loan part is scary, since I still owe quite a bit from my bachelor's degree. But hopefully it will be worth it!

    26 weeks 4 hours ago Report Comment
  • rickimc's picture
    rickimc
    3

    I got my MFA right after I got my BA, and do not feel the need to go back for any additional degrees. I went back last year for my MAT, but decided that I did not really want to teach high school.

    26 weeks 4 hours ago Report Comment
  • bellaressa's picture
    bellaressa
    5

    I already been to grad school - the job I am not owns four colleges and I do get to go for free - I just have to pay the fees and books. I was thinking of getting another Masters or even my Doctorate later but I am not sure.

    26 weeks 3 hours ago Report Comment
  • bohosimple's picture
    bohosimple
    6

    I am entering law school this fall, and I am lucky to also be teaching at the same university so my tuition won't affect me much.

    26 weeks 3 hours ago Report Comment
  • tiff58's picture
    tiff58
    8

    I'm currently getting my MBA and working full time. Not really because of the economy, though.

    26 weeks 2 hours ago Report Comment
  • ktownpolarbear's picture
    ktownpolarbear
    9

    I'm planning on applying for law school this year, but I plan on going to a part-time program. 4 years instead of 3, but hopefully it'll let me pay off some of my massive undergrad debt.

    26 weeks 2 hours ago Report Comment
  • graduatedsqueaks's picture
    graduatedsqueaks
    10

    When I got laid off, a lot of people asked me if I was going to go to grad school...I figured I still wasn't sure what I'd study if I went, so I stuck to the job path. The company I'm most likely going to accept an offer from provides tuition reimbursement, so I'm thinking I'll take advantage of that eventually...

    26 weeks 1 hour ago Report Comment
  • gigill's picture
    gigill
    11

    My field doesn't really care much for graduate degrees, so I won't bother anytime soon.

    26 weeks 1 hour ago Report Comment
  • Silent Vamp's picture
    Silent Vamp
    12

    Not yet. I've thought about graduate or professional (law) school for a long time, but after definitively ruling out law, I just can't decide on a field to study. Everything interests me! So, it's best for me to weather the storm and stay in the workforce. And the thought of taking out student loans in an economy like this is not very enticing.

    26 weeks 1 hour ago Report Comment
  • CoralAmber's picture
    CoralAmber
    13

    I was actually planning on grad school, but now I'm working to get more experience in my field. I didn't want to go to grad school without a clear idea of what I wanted to specialize in and will probably do grad school part time or online at the same time as I work. Money is basically the main problem, I didn't want to go into more debt or take expensive "exploratory" classes, so I'm taking it slow.

    25 weeks 6 days ago Report Comment
  • poizenisxkandee's picture
    poizenisxkandee
    14

    i was already planning on grad school. im going to study architectural/civil/environmental engineering in undergrad and was hoping to go to grad school to get a masters and maybe doctorate as it is becoming harder to find a job in that department without higher qualifications, especially with the struggling economy.

    25 weeks 6 days ago Report Comment
  • j2e1n9's picture
    j2e1n9
    15

    I'm in grad school and I'm halfway done with my MBA right now.

    Its annoying as sh*t to go to school and work full time.

    I am assuming it will come in handy in the long run however if I ever find myself as a single parent with more than one mouth to feed.

    Other than the wonderful unpredictability of life , I wouldnt be concerned with getting my MBA.

    25 weeks 6 days ago Report Comment
  • ehadams's picture
    ehadams
    16

    I applied for law school this year then decided not to go. I thought about graduate school too but can't decide which program I'd want to do. I figure I should hold off til I know what I want.

    25 weeks 6 days ago Report Comment
  • LuvLeoDiCaprio's picture
    LuvLeoDiCaprio
    17

    I start 8/31 kinda nervous and I am able to work and go to school so that's great. And my rich and supportive boyfriend has offered to help pay.

    25 weeks 6 days ago Report Comment
  • smileyface's picture
    smileyface
    18

    I'm in law school now and its rough trying to make ends meet with no job and no money. Student loans can only do so much. But I guess the upside is not having to worry about the economy and job loss. But neither side is really looking too good these days...

    25 weeks 6 days ago Report Comment
  • Megatron's picture
    Megatron
    19

    Consider my hand tentatively raised. Part of me wants to continue in school after I get my BA in May and the other part of me wants to get a few years of real world experience under my belt, opportunity willing.

    25 weeks 6 days ago Report Comment
  • fancyfree's picture
    fancyfree
    20

    considering the trouble I've had finding a job and comparing it to the problems my friends are having too I'm raising my hand! Now the question is, who can I get to pay for it? haha

    25 weeks 6 days ago Report Comment
  • ivegotspunk's picture
    ivegotspunk
    21

    I work full time and can't imagine going back to school at this point though I would love to. I have thousands in loans from my BA and can't afford to not work for a few years. Hopefully in a few years Ill be able to.

    25 weeks 6 days ago Report Comment
  • sweetpeabrina's picture
    sweetpeabrina
    22

    I start at UGA in the fall for my Master's. Hopefully soon after completing I'll be able to go to UC Berkeley for my Doctorate.

    25 weeks 6 days ago Report Comment
  • bellydancinmary's picture
    bellydancinmary
    23

    I plan on going to grad school in the future, I'm still in the process of getting my Bachelor's.

    25 weeks 6 days ago Report Comment
  • phatE's picture
    phatE
    24

    It's so random how these posts parallel my life.. Just got accepted into a graduate program and I am really going back and forth about it..

    25 weeks 6 days ago Report Comment
  • shanimalcracker's picture
    shanimalcracker
    26

    I will be attending law school this August and I agree that it is a great time to be back in school. I worked for a year and it was nice to make a little money, but I am excited to go back especially with the hopes that the market will be better in three years.

    25 weeks 6 days ago Report Comment
  • bibliophile's picture
    bibliophile
    27

    I'm definitely considering going back to grad school. I'm unimpressed with my current work situation and I realize that I should just do what I'm passionate about, which is children's literature.

    21 weeks 19 hours ago Report Comment

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