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I'm nearly done with the first year of a 2-year online MBA program. My career goals are in art - fine art and and graphic art. When I began the MBA I really didn't know what I wanted to do but I've always wanted my own business and I wanted to become more marketable so I began. In that time I investigated a few different careers but I finally found what I want to do - freelance illustration and fine art.
Now that I know what I want to do, I have doubts that completing my MBA will help me. If I stop now I will have large debt but no degree. If I finish I'll have even larger debt but at least I'll have the degree.
Should I quit while I'm ahead or go ahead and finish, trusting that perhaps the MBA will benefit me in the future?
My 2 cents - I think the MBA is really only useful for the environments that are impressed by it, i.e., companies that will hire you as their employee. There are plenty of cheaper ways to get the education and the connections that people always say are such a valuable part of an MBA program.
On a personal note, I was one semester into a master's degree in Music Technology from NYU when I realized I was racking up debt for a largely meaningless degree, so I swallowed my debt and my pride and got out of there. Try making a pros/cons list to see if it's worth staying. Either way you decide, that should help you feel better about your decision.
Thanks for sharing your experience. Yes, swallowing my pride (and the debt) is a big deal, but there are times when it's better to just cut your losses rather than creating a money pit...
This is amazing that you asked this question is recently read a great article that sums this up: Hopes this gives some insight!
I read the article. It was really eye-opening!!
Thanks, Amanda, for the encouragement! Thanks, also, for sharing your experience. It's really helpful to see it from the spouse's point of view. Although I am not married, I would hate to have to explain all this to a future spouse! And I think you are absolutely right. I'm cutting my losses and focusing on creating the life I truly want!
I appreciate the input! : )