Graduate School Can Be A Career Game-Changer: Here's How To Save Up For It
- 4 years ago
If you've managed to get your bachelor's degree, congratulations! And if you're thinking about grad school, get your piggy bank out and start saving.
According to Business Insider, getting a master's degree or Ph.D. in your chosen field can be a smart career move, but it can also be a financial time bomb.
If you want to go to grad school five years from now, start saving. First, research schools, tuition, and determine your monthly and annual living expenses.
Research any benefits your company may offer for free or subsidized tuition, and look into state programs and scholarships.
Still paying on student loans from your undergrad degree? Refinance them now, when rates are low.
Finally, if you have five years to save, consider using a 529 plan. If you want to start sooner, a high-yield savings account may be better.
According to Business Insider, getting a master's degree or Ph.D. in your chosen field can be a smart career move, but it can also be a financial time bomb.
If you want to go to grad school five years from now, start saving. First, research schools, tuition, and determine your monthly and annual living expenses.
Research any benefits your company may offer for free or subsidized tuition, and look into state programs and scholarships.
Still paying on student loans from your undergrad degree? Refinance them now, when rates are low.
Finally, if you have five years to save, consider using a 529 plan. If you want to start sooner, a high-yield savings account may be better.