I have avoided it as much as possible and my life (Debt free) is better for it.
I looked into getting a MBA several decades ago. I ended up not doing this. For me, it was a dollars and cents issue. I had economic and time boundaries not to be exceeded and my spouse was a partner in the decision. Everyone will be in a different boat but it's damn important to accurately define boundaries before leaping into any post graduate degree.
For anyone considering a MBA and you're not a business degree major with your bachelor degree, it gets a bit more complicated $$$ and time wise. I was looking at two options.
Option 1 was very traditional and through my alma mater. Added to the MBA courses were several bachelor level business college classes. Lowest $$$ outlay but a semester or two longer duration because of those pesky prerequisites.
Option 2 was via a familiar to me private college. Higher tuition but fewer hours thus a lower time investment. Two big pluses this route. First is that their MBA program was structured to cater to persons like me with non business degrees. Fewer semesters and classes required. A bonus was the availability of a semester abroad in Singapore via a coordination arrangement between the two university.
Ultimately I decided against the MBA path. The traditional path of option 1 was way too expensive. Dropped off the option list fast.
The option 2 path came real close to being implemented. Academically, many of the classes were taught by presidents of regional companies. Real world vs. academics, oh yeah. It crashed for me though on $$$. Tuition was several times more than the state university. Ouch. To offset this, I was offered a job to teach the chemistry labs for the nursing program. Ultimately we were not able to close the gap on $$$. I was paying some and they were paying me some - The gap was too large for my boundary.
They don’t mention what his degree is..
Perhaps basket weaving?
Maybe wymen’s studies?C’mon man, tell me the whole story
You signed on the line, promising to pay it back.
It sucks, but here we are.
No hope for a dope.
But the whole article reads like a puff piece for loan forgiveness. No one can be that stupid....er, maybe they can...
I paid off a mortgage about that big. Come on, kid, you can do it.