The reason is that central banks react to variables, such as inflation and the output gap, which are endogenous to monetary policy shocks.
This is a post from Joan Concilio, Man Vs. Read more about Joan. On behalf of the faculty and our MBA students, I welcome you as a part of our campus family.
It sounded like a good idea for a lot of reasons. My company was offering some degree of tuition reimbursement.
I wanted to run my own business someday. My daughter was in school, so I could attend many classes without daycare issues. No one in my family had yet gotten an advanced degree. I loved to learn. I got as far as meeting with my advisor and planning out the schedule you see above.
And then, only weeks before it was time to start classes, I bailed on the entire thing. The grad-school scam Take a minute and a half of your time and watch this video. Funnily, this came my way just this month — not during my graduate angst phase in Not-so-funnily, it encapsulates a lot of my struggle with the grad-school system.
I had a good job, a wonderful daughter, and this really nifty piece of paper saying I had really made it!
Even early in my college career, I was darn proud of my money skills. If it can happen to me, it can happen to anyone. Going back to school seemed like the American dream for us. We would collect degrees like some people do postcards. Let me stop here and say that there are times when I think an advanced degree is a great thing.
I want my doctor and my attorney to have one, for instance. For my teacher friends, who are required to amass credits as they work, why on earth would they outlay the money and time and NOT use it to build toward something that will significantly change their earning potential?
There were two main reasons why I bailed on grad school at the last minute. Do you really need that piece of paper?
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