Opinions on Using Employer TA

[futuremrsmlb]

I'm not a fan of loans, see it as a form of slavery that will crowd into every decision you make until you have it paid off. Is the tuition assistance pro rated? Some companies will reduce the amount as you work, 1 year would decrease the payback by half...just worth knowing.

If you take the TA and leave early could you take out a loan to pay it off at that point? if you stay, great your covered. If you leave, you have an option to pay back your employer.

At my company they can hold any pay due and accrued leave to count against any paid out tuition reimbursement. Collecting any additional funds however is problematic...or HR department routinely has to make up payment plans for folks who have left early after receiving a TA payout...a little underhanded, but life happens.

Why Mount Olive? I've never heard of it, but at the $2000/class rate you have some great options. Harvard Extension wouldn't be too much more than that and every employer on the planet is familiar with that brand.

I would take the tuition assistance, worst case scenario is you opt to leave early and can deal with it then. Student loans are likely to follow you for a lot more than two years...

University of Mount Olive is pretty well known and recognized in NC. The MBA program is online and will only take 1 year to complete. Basically, its the shortest online program I could find with AACSB accreditation. All the other programs I looked at were 16-24 months and I don't want to spend more time than I have to finishing.