Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited.

How to compare the value of a Masters to the cost?
I am a bit unsure of why the interest rate is relevant.  Are you intending on borrowing the money to go to school?  If you cannot pay cash, then it is very likely a bad idea.  Many people are overcome by events when seeking higher education and such a loan on a such a salary could devastate you financially.   So I find the cost of the program as a total of 76.6K counting a loss in salary during the program and the first year grant.  That is a lot of money, do you intend to borrow that much?  Especially when you consider that your salary, after you graduate, will be about equal to where you are now.  For that reason I am leaning toward a no, even if you had the cash in hand to do so.   There is nothing to say that you will enjoy teaching.  Furthermore teaching in low income school is more challenging.   All that said, is there a way you can raise your income without going back to school?  Washington state can be a very expensive place to live and is one of the reason why I left.  I am a WWU alumni (Go Vikings!).  Could you cash flow a part time program instead? I would give this a sound no, YMMV.