<prompt> Human: Hello Personalfinance,I am planning on going back to school in January for a Bachelors Cybersecurity Information systems security. I already have an Associates in a separate field. The Associates degree is what got me my current career and my current employer will reimburse me for going back to school at the end of passing each semester. The school goes in Terms not semesters.So, My plan is to pay for the classes with this credit card, which would be 1200 per quarter, so that is 2400 per semester. Pay the minimum each month. Then upon passing at semester, take the check from my employer and pay off the remaining balance on the credit card.The obvious scary part is I can get hurt at my current employer but then I will be on light duty working 8am-5pm M-F, instead of 24hr shift where I get to do homework, and be home 48hrs. I think it would be smart to pay for the classes with a credit card and build some points towards either flights or a vacation of some kind for my family; my wife, 1 child, and myself. Now the thing is, I am wondering is it beneficial to either gather points up on credit cards for flights OR just cashback? Has anyone had an experience where they have the same situation available? What did you end up doing to get that schooling paid for? Is a federal Loan better?Just going back to get a free Bachelors in a non-life threatening career field. I am also currently paying back my student loan and my wifes.Edit: current debt is pretty big, mostly student loan debt from my wife and house mortgage, but my credit score is above 750.  <response>: Ask your employer if theyll reimburse CC interest. If so, Id go with the card. However, with a fixed rate student loan, undergraduate rates are at 5.05 percent Credit card rates are significantly higher AND variable. With the Federal Reserve raising interest rates, this is going to be driving costs up across the economy; my CC rate has gone up quite a bit since 2015. Also, I personally prefer cashback, but if you do a lot of travelling, it may be worth it to look into the flight options. 