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Well, hope you realized I was teasing. I’m inherently reticent to cite personal examples, but here goes…</p>
<p>Our recent liberal arts grad (dbl mjr in poli sci and global studies) is on the east coast (literally, living at the beach) working in a federal agency. He was, actually, headed to grad school in public policy, with a strong, though not exclusive, interest in environmental policy. However, when this opportunity came along, he decided to delay grad school.</p>
<p>He’s self-supporting, loves his work and is gaining valuable career and life experience in the bargain. He recently decided to take a pay cut to accept a paid management internship under a director at another federal agency (west coast) where he interned one summer during undergrad. He still plans to pursue grad school at some point, but I expect what he’ll study remains to be seen. He’s discovering for himself that public policy is a broader field with more opportunities than he’d realized, as are the graduate studies associated with it. My crystal ball currently predicts his career/ life path will include positions in both the public and private sectors, perhaps in more than one spot on the globe. Note: that’s the word from the crystal ball. We’ll see… :-)</p>
<p>I think a couple of points are significant: 1) We didn’t have to incur debt for his education; 2) His summer & spring break internships & activities opened these post grad opportunities. </p>
<p>When you’re forced to incur debt to finance an education, future earnings become a more important factor in the equation. Whether you’re investing in stock or investing in an education, investing with borrowed funds alters the analysis. The soaring costs of higher ed aren’t just impacting who gets an education, but also why they’re getting that education and what type of education they’re pursuing.</p>