Debt for a part-time MSRE?

I've got 4 years of CRE credit underwriting experience and I just made the jump to the equity side of things doing acquisitions and AM in a rapidly growing secondary market. My UG was a complete non-target that has no ties to my current market. I plan to stay in my current market long term and I envisioned myself doing a local MSRE part-time that is well respected locally. I figured it would be good networking given the local focus and would make my resume look a bit better if I ever needed/wanted to move to a different shop/market down the road. I'm in my mid-late twenties and the window is closing for grad school.

Despite being part-time, I would still probably have to take on a good amount of debt, 40-60k, to pay the tuition depending on scholarships. While the $ amount is significantly lower than what people are paying for MBAs and law school, an MSRE also carries less weight. I guess I could pay the debt off within 2 years given my current bonus levels but I'd also like to start saving for a house.

Is the resume arms race as real as people on here say it is? Will I regret not doing grad school ten years down the road when I'm up for senior positions? Is going into that much debt for an MSRE that isn't top tier a waste of time/money given that I already got a job on the principal side? What're y'alls thoughts?

Comments (2)

Aug 9, 2019

What do you plan on getting from the MSRE? What are your long term plans?

"The three most harmful addictions are heroin, carbohydrates, and a monthly salary." - Nassim Taleb

Aug 9, 2019
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