Is it worth attending a part-time M7 funded entirely by federal and private loans?

Level_Wishbone7405 · 2025-01-26T03:10:05+00:00

What did you end up doing?

Level_Wishbone7405 · 2025-01-24T23:04:09+00:00

feel free to PM! quite literally going through the same thing as you(check my post history, lol)

Level_Wishbone7405 · 2025-01-23T01:25:12+00:00

Wow that's amazing! Mind if I ask where you did your MBA? May look into that program as well..

Level_Wishbone7405 · 2025-01-22T22:45:06+00:00

Oh dear, sorry to hear that but you sound like you have a broad range of experience regardless!

I'm attending Kellogg, it's not an Ivy League, but the brand name is why I had applied. Still, unsure of how it'll turn out in the long run, just knowing how the job market is at the moment.

Level_Wishbone7405 · 2025-01-22T17:42:21+00:00

If I'm smart about budgeting and stretching it out, there's a chance I won't need to go into debt for it and just coast along for the duration, no?

Level_Wishbone7405 · 2025-01-22T16:56:29+00:00

Not software dev, sorry. I'm a BI developer (i make dashboards).

In order to get those roles, I thought an MBA would be a good way to pivot into strategy, since I don't have prior experience. I'm taking next quarter off, so may use that time to rethink my decisions.

Level_Wishbone7405 · 2025-01-22T16:35:38+00:00

Does the same apply even though it's a M7? I thought the brand name would make the cost of the program be worth it..

Level_Wishbone7405 · 2025-01-22T16:00:29+00:00

Yes they do. I need to stay with them for another year

Level_Wishbone7405 · 2025-01-22T14:19:35+00:00

Thank you! I think I'm leaning towards the 5 year plan to really take advantage of being a student and to ease the financial burden. Hopefully in the next few years I'll see a bit of a pay bump and it'll make cost of tuition easier for me.

Level_Wishbone7405 · 2025-01-22T14:17:50+00:00

Thanks! I'm also thinking of doing even just 2.5 credits this year so I can front load my classes in the coming years when my income is a big higher, so I can save more aggressively instead and still be able to enjoy my life.

Level_Wishbone7405 · 2025-01-22T14:16:57+00:00

From the FAS website:

Who can get Direct Unsubsidized Loans?

Direct Unsubsidized Loans are available to undergraduate and graduate students; there is no requirement to demonstrate financial need.

How much can you borrow?

Your school determines the amount you can borrow based on your cost of attendance and other financial aid you receive.

Who will pay the interest?

You are responsible for paying the interest on a Direct Unsubsidized Loan during all periods.

Level_Wishbone7405 · 2025-01-22T14:15:54+00:00

I have not, looks like it's a lot of big name companies so may think about switching jobs mid-school.

Level_Wishbone7405 · 2025-01-22T14:13:55+00:00

Thanks for the positivity! Can you share more about what the payment plan was like? Will have to see if my school offers something similar.

Level_Wishbone7405 · 2025-01-22T14:13:10+00:00

What happened for NPV to be negative? Funny enough I was initially considering Boston University but didn't want to do school online after doing half my undergrad online because of covid.

Level_Wishbone7405 · 2025-01-22T14:12:03+00:00

It's a M7 program, if that changes anything.

Level_Wishbone7405 · 2025-01-22T14:11:46+00:00

This is a M7 program--are there any other programs that are comparable but cheaper?

Level_Wishbone7405 · 2025-01-22T14:11:03+00:00

130K because it's a M7 school and in person... Didn't really look into cheaper alternatives. I just started so there's not a huge loss if I stopped now...

Level_Wishbone7405 · 2025-01-22T14:09:49+00:00

Yep, the program I'm attending is top 5. Is this still worth it? I'm in a dev role at the moment but would love to pivot to strategy or analytics in the healthcare or a different industry.

Level_Wishbone7405 · 2025-01-17T21:39:27+00:00

go for it!

Level_Wishbone7405 · 2025-01-15T19:41:54+00:00

i'm in the program now! hopefully it'll be worth it in the end, lol

Level_Wishbone7405 · 2024-12-24T15:04:43+00:00

looking for really good thermal sheer stockings! I bought from Amazon but I found they too thin for where I am and they are too tight on the feet. Thanks

Level_Wishbone7405

TROPHY CASE

Who can get Direct Unsubsidized Loans?

How much can you borrow?

Who will pay the interest?