Hi All,
This is my first post. I've been looking for advice on pursuing a second degree, but don't have anyone knowledgeable to ask. I enjoy programming as a hobby, and have decided I'd like to earn a second degree in computer science. There are two properly accredited institutions that offer the degree online. I've applied and want to finish the degree while working. My plan upon completing the degree is to go after more contract work in the software/web development field, which is made possible by the significant amount of down time offered by my current job (pilot). With the two incomes, I figure I can make a decent living doing two things I enjoy.
The problem: I'd have to take out about $30,000 in student loans to complete the degree quickly (about two years), which makes me a little uncomfortable. The debt could be paid off in four years or less, but having that burden hanging over my head isn't very mustachian. Right now I make about $50,000 per year and can live frugally.
Programming is a field that doesn't require a degree as long as you have the skills, however, I think education offers a bit of credibility and gives a push to people like me who sometimes struggle with self-study. I also really value education. If I won the lottery, I'd go to school forever.
What do you think?
EDIT: Age may become a factor if I push this out a few years.