• I have looked into both an MBA program and an IT Masters level and have applied for the Masters program that has a management track. It is not nearly as expensive as you state. The online MBA from UMass would cost about $26,000 and you attend entirely online. I have signed up for an online Masters from Brandeis at a similar cost. Again, no need to go on-campus.

    Another factor you seemed to have missed in your investment analysis is that my employer will pay 100% of the bill (many others have similar programs). If you apply that value to you financial analysis and assume it takes three years to complete that's like getting an instant 8% increase in income and then when you graduate you can see that continue (as per your article and the 8% you site).

    So you learn more and you end up earning more!

    do it right, or do it over and over, it's up to you