My Graduate Degree May Just Cost Less Than Starting A Family In Two Years
The decision to pursue a master’s degree in 2014 wasn’t an easy one.
All I could keep thinking about was the debt.
My father told me when I graduated from college nearly 10 years ago, that “the next one’s on you, kid.”
And I appreciate the sacrifices he and my mother made to give me an opportunity to have a fantastic education and experience that shaped my career and the rest of my life and how I was to see the world.
So this one’s on me.
I mainly decided to go back to school because it felt like this was the right time. I am so single it’s not funny, so I can’t blame a man for being a distraction, and I have no children to take all of my time, energy, youth and money.
Things at work have settled out, and if I can just hang on for two years, it’s all to the good. I can have my degree and get the professional change and new challenge I’ve been wanting, but just stopping short of getting with my current skill set and knowledge and experience.
But you know how you sometimes have to talk yourself into an expensive trip or purchase and justify reasons you should do it?
Welp, I basically thought to myself, if I got married in the next two years, there are some numbers floating around the Web that report the average wedding these days would cost about $25,000.
That translates into about a year of grad school. Cool.
I’ve found other numbers that over the course of your child’s life you’ll spend about $241,000. The first two years, you’ll spend about $26,000 on your bundle of joy. Some sources like WebMd.com says, you may spend up to $15,000 just in hospital costs alone when you give birth.
So, now that I think about it. If I got married and pregnant and had a baby in the next two years, my degree (especially if I’m blessed with scholarships and grants) might actually turn out to be a bargain! Ha!