[moon]

Originally Posted by DESS

I think going back in your mid 30s is a terrible idea,

Thats because you are a huge idiot.

unless of course you have rich parents that can subsidize your schooling costs, your life while in school, and the years after school as you struggle with earning a starting salary at 40ish.

So no chance that he has made money and saved in the 15 or so years that he has been working?

No chance that he can get a decent job out of school?

And this would also presuppose you would be willing to take their money even though you are an adult, which is a tad unmanly, IMO. (much like using the word "tad" is unmanly, lol)

So its cool for chicks to take money as an adult?

Also. much better for parents to horde then money until they are dead and then give it to their kids when the kids are likely old enough to not need it?

It would be terrible to give your kids money while you are still alive to see them enjoy it and put it to use when they actually need it.

If you do not have rich parents, here is the bigger problem. School should be looked at as an investment. Your career is likely not going to earn you enough money to give you a payoff on your investment. Say you work until you're 55 or 60...that's only 15-20 years of work after your degree. You're going to have to do a calculation kind of like this to see if this is worthwhile:

ROI = [what you can realistically make with the degree over course of your career after you graduate - what you would realistically make had you not earned a degree over the same time period] - [(cost of education including living expenses, tuition, books, etc.) + (loss of salary calculated at approximately your current rate for the four years you're in school) + (interest on any loans you may need to finance your education)]

If this new job has him making 10,000 more a year it is easy to make any money invested in school back. Any more than that and it obviously gets much easier.

And heaven forbid he actually does this for non-financial reasons and because he wants to have a better lifestyle/job life for himself. That would be a really stupid reason to do anything!

I hope that makes sense, but my point is from a purely financial perspective, this is likely a very bad idea in that you're going to end up with a negative return on investment, particularly because you're exploring a career that isn't going to be very lucrative.

How do you know how lucrative his career is going to be? There is money to be made in any area of schooling/employment.

Hell he might go into a job that involves killing bears and I find it hard to believe that the return on that investment wouldn't be worth it!