Is it worth going in debt for a masters in real estate program?
I graduated in August 2015 and am still looking for a job in real estate. I really started aggressively looking (i.e. talking to multiple people every day, sending out emails left and right) at the beginning of January. Prior to that I was taking some RE courses and teaching myself ARGUS while applying for jobs but not nearly as aggressively as I have been recently.
I've decided that if I don't have a job by May that I will try to enroll in a Masters in Real Estate Finance program at either Baruch or NYU. Baruch looks appealing because it is much cheaper and I wouldn't have to put myself in debt, but I know the NYU name and network is much better for a MSRE. I really didn't want to do a masters before I have a job because I know they are a lot more beneficial if you've already been working for a while but if I don't have a job by May, I don't see many other options.
So my question is this, if I got into the NYU MSRE and were able to get about a 4.0 GPA, attend networking events constantly and do internships throughout the year while I was in the program, how likely would it be that I could land an analyst position in an acquisitions type role (including Capital Markets at one of the major brokerage houses) after graduating that pays at least $70-80K? Normally the money wouldn't concern me as much but since I would have to pay off a huge debt by going to NYU, I don't think it would be worth it if I just got some back office $40-50K job after graduating.
Also, my current background is pretty weak. I have a 2.8 GPA in a humanities major from a lower ivy and no prior real estate/finance/quantitative internships. I know GPA isn't that important in some regions for real estate, but in NYC it's pretty competitive if you want an analytical role. Also, with that background, would it even be possible to secure solid internships in the NYU program if I had outstanding grades at NYU or would acquisitions/Asset Management companies look down at my shitty undergrad GPA before even giving me a chance? I would really appreciate any advice that any of you have. Thank you.