Comments on: YBPs: The Advanced Degree Chasers http://ybpguide.com/2007/04/12/ybps-the-advanced-degree-chasers/ Young Black Professional Guide Thu, 18 Mar 2010 15:27:12 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: ETS http://ybpguide.com/2007/04/12/ybps-the-advanced-degree-chasers/comment-page-1/#comment-1057 ETS Fri, 04 May 2007 19:26:08 +0000 http://ybpguide.com/2007/04/12/ybps-the-advanced-degree-chasers/#comment-1057 Most career and financial advisors will tell you that going into debt for a degree that does not increase the probability of you increasing your income is a poor use of finances and time. That money could be used investing in something with better returns and that time could be spent perhaps working hard enough to get you where you're trying to go. Thankfully, we live in a world - although rare - where people who didn't complete their undergrad degrees are now able to make decisions and more money than some of those with graduate degrees. I say go to grad school if you NEED to. If you don't, don't waste your time. Most career and financial advisors will tell you that going into debt for a degree that does not increase the probability of you increasing your income is a poor use of finances and time. That money could be used investing in something with better returns and that time could be spent perhaps working hard enough to get you where you’re trying to go. Thankfully, we live in a world – although rare – where people who didn’t complete their undergrad degrees are now able to make decisions and more money than some of those with graduate degrees. I say go to grad school if you NEED to. If you don’t, don’t waste your time.

]]> By: determined http://ybpguide.com/2007/04/12/ybps-the-advanced-degree-chasers/comment-page-1/#comment-890 determined Mon, 16 Apr 2007 13:59:16 +0000 http://ybpguide.com/2007/04/12/ybps-the-advanced-degree-chasers/#comment-890 Unfortunately after completing my MBA I will have the dreaded 100K in student loan debt. Although the thought of the repayment process brings me to near anxiety attacks, I realize that I did make poor choices in accumulating debt but the actual value of my education is priceless. I will repay the entire amount and will view the payment as a necesssary expense. I plan to work with students from my school and promote financial awareness so others don't make the same mistakes I've made. Unfortunately after completing my MBA I will have the dreaded 100K in student loan debt. Although the thought of the repayment process brings me to near anxiety attacks, I realize that I did make poor choices in accumulating debt but the actual value of my education is priceless. I will repay the entire amount and will view the payment as a necesssary expense. I plan to work with students from my school and promote financial awareness so others don’t make the same mistakes I’ve made.

]]> By: African American (Black) Opinion Blog » Tony Blair joins those who have lost their mind http://ybpguide.com/2007/04/12/ybps-the-advanced-degree-chasers/comment-page-1/#comment-872 African American (Black) Opinion Blog » Tony Blair joins those who have lost their mind Sun, 15 Apr 2007 12:53:55 +0000 http://ybpguide.com/2007/04/12/ybps-the-advanced-degree-chasers/#comment-872 [...] posted on YBPG and African American [...] [...] posted on YBPG and African American [...]

]]> By: omi http://ybpguide.com/2007/04/12/ybps-the-advanced-degree-chasers/comment-page-1/#comment-849 omi Fri, 13 Apr 2007 15:46:08 +0000 http://ybpguide.com/2007/04/12/ybps-the-advanced-degree-chasers/#comment-849 i'm with fredric. thankfully i didn't walk away from undergrad buried in loans...and i'm not looking forward to starting now... i’m with fredric. thankfully i didn’t walk away from undergrad buried in loans…and i’m not looking forward to starting now…

]]> By: suchalady vol http://ybpguide.com/2007/04/12/ybps-the-advanced-degree-chasers/comment-page-1/#comment-847 suchalady vol Fri, 13 Apr 2007 14:56:12 +0000 http://ybpguide.com/2007/04/12/ybps-the-advanced-degree-chasers/#comment-847 It doesn't matter how many degrees you get if you've got a low financial IQ. (Rich Dad, Poor Dad- Robert Kiyosaki) It doesn’t matter how many degrees you get if you’ve got a low financial IQ.
(Rich Dad, Poor Dad- Robert Kiyosaki)

]]> By: Brittania http://ybpguide.com/2007/04/12/ybps-the-advanced-degree-chasers/comment-page-1/#comment-840 Brittania Thu, 12 Apr 2007 22:49:19 +0000 http://ybpguide.com/2007/04/12/ybps-the-advanced-degree-chasers/#comment-840 I admit that one of the first things I thought when I read this article was that blacks are probably enrolling in grad programs at a higher rate than whites because we have have a harder time than whites getting hired with just the bachelors. Also there are certain majors that definitely won't leave you with the big salary that most people desire from their college degree. However, I do think that more education, for whatever reason, will benefit the black community as a whole. I admit that one of the first things I thought when I read this article was that blacks are probably enrolling in grad programs at a higher rate than whites because we have have a harder time than whites getting hired with just the bachelors. Also there are certain majors that definitely won’t leave you with the big salary that most people desire from their college degree. However, I do think that more education, for whatever reason, will benefit the black community as a whole.

]]> By: Dame http://ybpguide.com/2007/04/12/ybps-the-advanced-degree-chasers/comment-page-1/#comment-839 Dame Thu, 12 Apr 2007 21:52:29 +0000 http://ybpguide.com/2007/04/12/ybps-the-advanced-degree-chasers/#comment-839 I plan on going back to school this fall to take either Marketing or International Marketing. The reason is, I truly feel as a black man it will greatly help me out, better than just having a BA. This is because, on some interview, it doesn't seem like anyone respected my degree. They would ask me questions like. Clark Atlanta University, is that a good school? where is it located? (yes, they would actually ask me where it's located). So i believe getting MBA would greatly help my career out. More power to everyone that's doing it and/or going to do it. I plan on going back to school this fall to take either Marketing or International Marketing. The reason is, I truly feel as a black man it will greatly help me out, better than just having a BA. This is because, on some interview, it doesn’t seem like anyone respected my degree.

They would ask me questions like. Clark Atlanta University, is that a good school? where is it located? (yes, they would actually ask me where it’s located). So i believe getting MBA would greatly help my career out. More power to everyone that’s doing it and/or going to do it.

]]> By: Jason http://ybpguide.com/2007/04/12/ybps-the-advanced-degree-chasers/comment-page-1/#comment-837 Jason Thu, 12 Apr 2007 21:28:06 +0000 http://ybpguide.com/2007/04/12/ybps-the-advanced-degree-chasers/#comment-837 Hate to say it but the first reason i thought of for more blacks going into grad school was because black undergrads are not getting the jobs that many white graduates get so in order to get those offers blacks often need Masters degrees Hate to say it but the first reason i thought of for more blacks going into grad school was because black undergrads are not getting the jobs that many white graduates get so in order to get those offers blacks often need Masters degrees

]]> By: Kimberly Michelle http://ybpguide.com/2007/04/12/ybps-the-advanced-degree-chasers/comment-page-1/#comment-835 Kimberly Michelle Thu, 12 Apr 2007 20:06:18 +0000 http://ybpguide.com/2007/04/12/ybps-the-advanced-degree-chasers/#comment-835 Isn't that what they call good debt? I know it's a stretch but those of us who are currently paying it back have to think positively ;). Isn’t that what they call good debt? I know it’s a stretch but those of us who are currently paying it back have to think positively ;) .

]]> By: Bigrayvin http://ybpguide.com/2007/04/12/ybps-the-advanced-degree-chasers/comment-page-1/#comment-834 Bigrayvin Thu, 12 Apr 2007 20:00:39 +0000 http://ybpguide.com/2007/04/12/ybps-the-advanced-degree-chasers/#comment-834 Yes the debt is like a leach to your wallet and its moneythirsty, but maybe blacks go back so they can feel more marketable. Yes the debt is like a leach to your wallet and its moneythirsty, but maybe blacks go back so they can feel more marketable.

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