<prompt> Human: This is not strictly concerned with PF but the cost is a large part of my decision. My company will reimburse up to 4,000 a calendar year for MBA programs. The only downside is that in the industry I am in commercial banking, promotions and raises are mostly based on experience and not necessary higher education. Also I am looking at a cheaper state school that is in the top 75 but not nationally known. Spreading the program over 2014-2016 I am looking at 6,769 out of pocket expense verses the total cost of 17,722. My question is from a financial standpoint is this a smart investment even though the known return is so questionable? Is it better to get it in the hope that it will advance my career or use that money to gain returns in the market or individual endeavors?  <response>: Spread it over an extra year or 2, so you can totally minimize or avoid any expenses. If it costs you nothing except for some time, its totally a good investment. 