Educational Technology

September 26, 2018

How to pay for your online MBA

Filed under: Educational Technology — admin @ 12:34 am

by King University Online.

You know the benefits of getting an MBA online and how to be successful once you’re enrolled, but what about paying for your graduate degree? Funding your MBA is a key consideration. Data from the Graduate Management Admissions Council shows that cost is the biggest concern for potential students, with 46% saying they are worried that they will have to take on greater debt in order to complete their education. It doesn’t have to be that way, though. A few steps can help you get out ahead of this issue. First do a quick cost-benefit analysis: Understand tuition costs and debt loads. and then assess benefits and value adds. Consider the benefits of your degree. According to the Online College Students 2018: Comprehensive Data on Demands and Preferences report, “Factors that increase the perception of an institution’s or program’s value include program convenience (28%), institutional reputation (23%), or offering the best content (21%).” With these additional benefits, you may decide it’s worth it to pursue a higher-priced program.

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