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URL:  http://boards.fool.com/aj-has-already-said-everything-i-would-say-with-26735466.aspx

Subject:  Re: Musings about grad school tuition and loans Date:  6/16/2008  9:30 AM
Author:  bingocards Number:  274164 of 308367

AJ has already said everything I would say, with one exception: I don't view taking out loans to pay for education to take a salary-decreasing job as a bad idea. I view paying for education to take a salary-decreasing job as a bad idea. (Some may want to take salary-decreasing jobs for personal fulfillment. This is fine. It is also almost certainly possible without a new degree or, in a pinch, with a cheaper one.)

To the extent that education is not building your human capital, you can a) get it a HECK OF A LOT CHEAPER if you don't need the magic piece of paper at the end of the tunnel and b) you should consider it like you would an entertainment or other optional expense.
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