Deciding on an Advanced Degree

by Laura Schneider

for About.com

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Consider the Finances

Who will be paying for the degree? And at what price?
Employers will often pay for at least a portion of an employee’s advanced degree. Expect to sign something stating that if you leave or are fired for cause within a certain amount of time, you will be responsible for reimbursing the company.
If you plan to finance it yourself, check into federal student aid, a portion of which may be tax deductible when you repay it. Make sure you discuss financing options with the campus Financial Aid office.
Will you continue working during your studies?
If so, you will need to find a program that caters to working professionals by offering evening classes and assistance on weekends. If you are not working during this time, make sure you have a sound plan in place to fund your education and living expenses.

Patricia Pickett
Tech Careers Guide

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