<prompt> Human: The main reason I havent started grad school yet is because of the cost. I have been saving up for 3 years now and have saved up 40,000. My current employer only pays 5000 a year and that is only if I am working full time, have to commit to working for years afterward otherwise I have to pay it back, and will not pay for the degree I want. I plan on going to school full time and not working or just working part time I tried working full time and going to school, and it wont work for me. I plan to get an MBA. Now I know many people think that I am wasting my time going to grad school since I already have an engineering degree with 5 years experience, but I want to go regardless. The cost for schools I would like to attend varies considerably. I am aiming high and the cost would be 120k at a minimum. I would be living on my own the whole time. With the money I have saved, I can live on my own for 2 years without an income. However I need a lot more money saved to afford grad school. I can get 20k per year from the government for student loans, but even then without any aid or grants Im looking at 80k I still need to make up at a minimum. My parents recently have offered to pay for my grad school because they dont like seeing me spending years saving up for it and want me to get it done with. The caveat is that it would come out of my inheritance. Im sure I could pay it back to them if I wanted, though.What kind of options do I have and should I take their offer? For some reason I just feel like it isnt right. Perhaps thats just because I hate when I cant do it on my own, makes me feel like a failure for some reason.  <response>: 100k today is worth more than 100k in the future. If your new degree will lead to a pay increase, then its totally worth it. 