Tag Archives: graduate school

Graduate School

In many places, Mother’s Day is not only marked by tributes to mothers, but also signals the start of the college graduation season.

And fittingly, this week in the “Your Money” column in the New York Times, Ron Lieber writes about “The New Money Rules for Recent Graduates.” In this article he touches on some of the main financial concerns that face the college graduates, and points out that these are mostly issues that students don’t have background or training in dealing with. The topics he focuses on are:

• Health Insurance

• Banking and Debit Cards

Credit Cards

• Student Loans

The column also points out that new financial legislation and regulation have changed the scene over the last year, and these are area that even people with some prior knowledge would benefit by taking a second look at. It’s well worth reading for both about-to-be-graduates and parents.

There are, however, some students for whom certain of these concerns—repaying student loans and finding health insurance, anyway—may not yet come into play, and that is those students who are going to attend graduate school. Since they will still be in school, their student loans will not come due, and they will have an opportunity to subscribe to the schoolwide health insurance offered on the campus where they will do their graduate work.

Even for those on the brink of graduation who have not yet applied, graduate school may still be worth consideration. For some fields, it’s a necessity: there are some things you just can’t do without the master’s degree or doctorate, and certainly without an M.D., or other more specialized degrees some occupations are closed. Additionally, a professional degree has been shown to provide a major income boost. To learn more, check out our article “Why Go to Graduate School.”

College? or University?

Just one of the many many questions to answer when making decisions about higher education is whether a college will be able to provide you will all of your needs or if you should consider going to a university. What is the difference between a college vs. a university? And why do people choose one over another? This answer varies for everyone, some may base their decision on what their short or long term education goals are, others may decide based on what they can afford, and yet others may not be sure yet which direction they would like to go with their education. And once you have attended a college or university are you better off to get right into the work force, or should you consider graduate school? We hear all the time about people who are making millions of money without spending years and years pursuing an education. We have recently posted some articles on educationbug.org that have useful information to help you decide what will work best for you and your family.

educationbug.org is also a great place to find out what colleges or universities are available and what they have to offer. You will find links to colleges in every state.