• e-gmat Exclusive Offer
    Get 300+ Practice Questions
    25 Video lessons and 6 Webinars for FREE

    Available with Beat the GMAT members only code

    MORE DETAILS
    e-gmat Exclusive Offer
  • EMPOWERgmat Slider
    1 Hour Free
    BEAT THE GMAT EXCLUSIVE

    Available with Beat the GMAT members only code

    MORE DETAILS
    EMPOWERgmat Slider
  • Kaplan Test Prep
    Free Practice Test & Review
    How would you score if you took the GMAT

    Available with Beat the GMAT members only code

    MORE DETAILS
    Kaplan Test Prep
  • Varsity Tutors
    Award-winning private GMAT tutoring
    Register now and save up to $200

    Available with Beat the GMAT members only code

    MORE DETAILS
    Varsity Tutors
  • Target Test Prep
    5-Day Free Trial
    5-day free, full-access trial TTP Quant

    Available with Beat the GMAT members only code

    MORE DETAILS
    Target Test Prep
  • Economist Test Prep
    Free Trial & Practice Exam
    BEAT THE GMAT EXCLUSIVE

    Available with Beat the GMAT members only code

    MORE DETAILS
    Economist Test Prep
  • PrepScholar GMAT
    5 Day FREE Trial
    Study Smarter, Not Harder

    Available with Beat the GMAT members only code

    MORE DETAILS
    PrepScholar GMAT
  • Veritas Prep
    Free Veritas GMAT Class
    Experience Lesson 1 Live Free

    Available with Beat the GMAT members only code

    MORE DETAILS
    Veritas Prep
  • Magoosh
    Magoosh
    Study with Magoosh GMAT prep

    Available with Beat the GMAT members only code

    MORE DETAILS
    Magoosh
  • examPAL
    Most awarded test prep in the world
    Now free for 30 days

    Available with Beat the GMAT members only code

    MORE DETAILS
    examPAL

My dilemma :(

This topic has 3 expert replies and 3 member replies
ldoolitt Master | Next Rank: 500 Posts Default Avatar
Joined
14 Apr 2007
Posted:
184 messages
Upvotes:
17
Test Date:
None
Target GMAT Score:
780

My dilemma :(

Post Tue Aug 28, 2007 7:06 am
Hello All,

I don't post a whole lot on here anymore but I am stuck in a predicament regarding b-school. Some of this info may be a tad personal, but I've asked around and I cannot get good advice as I don't know a whole lot of people in my situation

Heres my dilemma:
I'm 25, with about 3 years experience in my field, virtually a 4 point from Purdue in Electrical Engineering and a mid 700 GMAT.
I want to go to b-school sooner rather than later.
I have a girlfriend who I would like to marry soon.
I want to pursue a (possibly non-lucrative) career in social entrepreneurship. I have no desire to make big money.

She wants me to go full time to a top ranked program and suggests I apply to about a dozen schools around the country.

My opinion is that I should do it part time by moving to Chicago and applying to all the great schools in that area for the evening program, and get it paid for.

I would love to go full time but it seems to me to be impossible to try to:
maintain a relationship which would include getting married WHILE in school full time
maintain my personal health
save money for a house

And I would be in such deep debt by the time I got out it would be tough to recover. Anyone else been in this situation or have any advice? I'm struggling to figure this out.

Thanks in advance

PS: Shes a spender (big spender) not a saver, if that makes any difference.

  • +1 Upvote Post
  • Quote
  • Flag

GMAT/MBA Expert

Post Wed Aug 29, 2007 10:47 am
Check out http://www.iwillteachyoutoberich.com. It's a good personal finance blog with good info about saving, budgeting.

Good luck!

  • +1 Upvote Post
  • Quote
  • Flag
Icemastr Junior | Next Rank: 30 Posts Default Avatar
Joined
02 Jan 2007
Posted:
14 messages
Post Wed Aug 29, 2007 11:55 am
Ultimately you should go with what best fits your career goals. If you want a career that is not high in pay you should do your best to avoid debt from college. A $700+ monthly 15 year student loan payment can be a major burden even if you are making good money post graduation.

From my own experience going to college while working after just getting married is very tough. If I hadn't lived with my wife for three years before starting college while working I don't think things would have worked out either with college, work, or our relationship. Even now that I am about to graduate with my undergraduate degree while having worked full time, she still has trouble understanding my lack of time to spend with her.

From the few words you have said about your relationship it does not sound like you and your partner have much to learn about each other. Combining work and a beginning relationship or school and a beginning relationship are tough alone, combine all three and it will be quite a challenge that you probably are not prepared for unless you both have experienced it before.

With your GPA and GMAT considering you have great other factors there is no point for you to apply to 12 schools. This isn't applying to law school, the applications process is more involved and business school applications at top schools are over $200 each. I recommend picking 3-5 schools that you really want to attend and targeting those schools.

  • +1 Upvote Post
  • Quote
  • Flag
givemeanid Master | Next Rank: 500 Posts
Joined
17 Jun 2007
Posted:
277 messages
Followed by:
1 members
Upvotes:
6
Post Tue Aug 28, 2007 7:30 am
Quote:
Shes a spender (big spender) not a saver, if that makes any difference.
Et tu, Brute? Oh brother. What can I tell ya... overwhelming empathy is all I feel.

At the risk of sounding like a broken record, go for what YOU want to do. Talk to her and talk to her twice and then talk to her two more times, to make her understand (and listen to her too). Be open to her ideas and balance it out in your mind what you feel comfortable with. You know what, it doesn't hurt to apply to a bunch of schools if you feel rushed into a decision. This way, you will have more time to make a consensual decision. If you later choose to go her way, you have choice of schools. If you choose to go your way, then you are out a few (hundred) green at the most.

Good luck.

_________________
So It Goes

  • +1 Upvote Post
  • Quote
  • Flag

GMAT/MBA Expert

Post Tue Aug 28, 2007 8:18 pm
This is a really tough situation, but I'd like to reiterate givemeanid's advice. I think you should go with your gut, if you think it's the right move for you with all factors considered...

  • +1 Upvote Post
  • Quote
  • Flag

GMAT/MBA Expert

Post Tue Aug 28, 2007 8:19 pm
Also--not that it's my business, but it sounds like you should talk with your girlfriend about putting together a savings plan. You don't want to catch a chronic debt problem (b-school or not).

  • +1 Upvote Post
  • Quote
  • Flag
ldoolitt Master | Next Rank: 500 Posts Default Avatar
Joined
14 Apr 2007
Posted:
184 messages
Upvotes:
17
Test Date:
None
Target GMAT Score:
780
Post Wed Aug 29, 2007 6:38 am
beatthegmat wrote:
Also--not that it's my business, but it sounds like you should talk with your girlfriend about putting together a savings plan. You don't want to catch a chronic debt problem (b-school or not).
I FINALLY (after months of subtle and not so subtle hints) got her to think about formulating a budget. I love her so much but her treatment and understanding of money are just so different from mine.

Ah well. Thanks all for the advice. I think that I'm just going to do what I feel makes sense.

  • +1 Upvote Post
  • Quote
  • Flag

Best Conversation Starters

1 lheiannie07 108 topics
2 ardz24 68 topics
3 Roland2rule 65 topics
4 LUANDATO 53 topics
5 VJesus12 52 topics
See More Top Beat The GMAT Members...

Most Active Experts

1 image description GMATGuruNY

The Princeton Review Teacher

146 posts
2 image description Jeff@TargetTestPrep

Target Test Prep

119 posts
3 image description Rich.C@EMPOWERgma...

EMPOWERgmat

114 posts
4 image description Scott@TargetTestPrep

Target Test Prep

101 posts
5 image description EconomistGMATTutor

The Economist GMAT Tutor

85 posts
See More Top Beat The GMAT Experts