So, you’re thinking of going back to college to get a graduate MBA degree? It might seem like a financial impossibility right now but there’s always the option of taking out MBA student loans from a private lender to cover the rising costs of education.
Once you secure funding, you need to weigh up the pros and cons of going back to college and decide whether it’s going to be worth the cost and time investment in the long-term. That’s a great question and one that millions of Americans ask themselves before signing up for a graduate MBA degree.
In this article we’re going to take a closer look at this dilemma in the hope that we’ll give you a much clearer viewpoint of the associated pros and cons of returning to school as an adult learner.
Your previous college experience was most likely filled with alcohol infused nights and rushed assignments. Now, you have a greater sense of stability in your life and while you still might require some assistance financially, you’ll be much more prepared for the challenge that’s ahead of you.
As an adult, you most likely have a nice place to call home and you have a group of people around you who has the life experience that’s needed to give you support when you need it. All of this stability will help to make the transition so much smoother.
You can take all that you’ve learned about yourself and the world with you into this next chapter in your life. Leverage the work experience you’ve had to stay focused and achieve your goals.
You’ve grown as a person since you graduated the first time around and you now have a greater perspective on what it takes to get an MBA degree. Knowing what level of effort you need to put in will get you mentally prepared to smash the challenges that lay ahead.
Most of your classmates will be coming straight from high school and they’ll be well used to spending long hours reading and studying in a dimly lit library.
You, on the other hand, will have to brush up on your studying and learning skills. It may take some time to get used to doing so much reading, researching and writing again. The workload will be intense so you have to be prepared to put the time and effort in if you want to succeed.
Many adult learners struggle with maintaining a healthy school-home balance. Learning to balance studying and hitting deadlines with all of the other responsibilities you have in your personal life at home can be extremely difficult. If you have kids, you’re most likely going to feel guilty for spending less time with them.
Your partner may get frustrated that you have to cancel dinner become you have a deadline looming. Or your studies might suffer because you’re spending too much time with your friends at the weekend.
These are all obstacles you’ll have to overcome so sit down and plan your time wisely so you can, at least, make an effort to strike the perfect balance between your life at home and at school.