Many students looking to earn a master’s degree for banking are now considering back up plans for their careers. With the failing economy, even graduate students at elite schools are wondering about the future, that is, whether or not it is wise to invest in graduate school, when there is nearly insurmountable debt at the end of school and no guarantee of the ability to pay it off.
Even foreign students studying at these Universities are wondering if there is going to be enough opportunity in the U.S. at the end and are wondering if an American graduate education is really worth it.
Worth looking at another point of view.
Yu Sai, a student in his last year in senior high school from Fenkou village of Chun’an County in China’s eastern Zhejiang Province, will not waver at all in materializing his dream of college.
While most of his rural fellows were still enjoying their winter break, Yu returned to school this week and stayed up late every night to study.
‘I want to go to college because academic degrees decide the starting point for job applications,’ he said.
His cheerleaders include his mother, Yu Xinfeng, who promised him she would try her best to finance his education if he gets accepted into college.
China View reported her saying, ‘With a college degree, whatever job he might land would be less backbreaking than land tilling.’