Thread: Back to School
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Old 03-03-2016, 11:31 AM   #8
mrkajz44
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I say this to pretty much everyone thinking of going to school, younger or older. Have a good long look at what your new earning potential will be after school (and be realistic!). Then use this formula:

A = lost wages while going to school
B = tuition cost
C = other costs related to going to school (books, moving, whatever)

Z = increased earnings over your remaining working life (consider your industry too, as O&G can have high earning potential, but is volatile as we are seeing right now).

Compare A+B+C to Z and see the financial difference school will make. I know there are other factors to the decision, and they should be considered of course, but I really think the financial benefit of going to school is one of the most important things to consider.
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