Author Topic: Student post fire financially beneficial????  (Read 1443 times)

Wordstew

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Student post fire financially beneficial????
« on: March 24, 2017, 08:45:08 AM »
 Factoring in the costs of tuition and fees I am wondering out loud if there is an overall financial benefit to reinventing myself as a 50 year old student.  I realize it has social and academic benefits, Anyone done research on the financial benefits (if any) of becoming a full-time student post fire?

IE: Student health insurance versus other mandated health insurance coverage, various student discounts, grants available, access to student housing when traveling, gym and college facility use.

If you have any info please chime in.

frugalnacho

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Re: Student post fire financially beneficial????
« Reply #1 on: March 24, 2017, 08:52:37 AM »
Seems like an incredibly expensive way to get access to a gym and student discounts.  I haven't done the math, but I am pretty confident you will be better off (financially speaking) by just enjoying your FIRE and paying full price out of pocket for all those things you listed.  IMO the only way it would make any sense is if you actually wanted to go learn and get a degree for personal reasons, but it will most likely cost you far out the ass to do it.

RyanAtTanagra

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Re: Student post fire financially beneficial????
« Reply #2 on: March 24, 2017, 02:52:46 PM »
You could apply for grants and scholarships and only take a class when you have enough to cover it.  Repeat until done.  Not sure how realistic that would be, but I could see it working.

GU

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Re: Student post fire financially beneficial????
« Reply #3 on: March 24, 2017, 09:49:54 PM »
If you could get into a fully-funded Ph.D. program, they'd waive tuition for you and pay you a living stipend.  But if you were in a position to do that, you'd probably already know this.  Worth looking into though anyway (assuming you already have a bachelor's degree).