PhD's are free, but the work isn't as applied. Not sure if it's your gig or not, but you don't have to pay tuition, and you get a stipend (usually tiny). Bigger stipends are available, but you usually have to pay something into the system research-wise to be a real candidate, or be a hot-shot undergrad, in which case, they don't expect as much from you.
Having experience, and being an adult, they're going to expect you to show that not only do you have research potential, but that you already really have your feet on the ground.
You could still get in for PhD though, which is still a freebie.
Some schools have M.Eng fellowships. Cornell has one called the Knight fellowship. M.Eng is a pretty good gig if you're looking to work in industry after. It's usually a 1 year bit, and the job placement rocks (everyone has jobs at MS, or Lockheed Martin, or somewhere else), and the expected outgoing pay rate is something like $80,000. Also, some people dip out of software entirely and into investment banking, on a route to financial modeling. That starts at about $150,000, and once you're in financial modeling, you're looking at a quarter million a year.
Of course, you can be cool like me and get a PhD, and a fat stipend. A fat one doesn't look anywhere near that $250,000 though ;-), but the work is more fun.
Having experience, and being an adult, they're going to expect you to show that not only do you have research potential, but that you already really have your feet on the ground.
You could still get in for PhD though, which is still a freebie.
Some schools have M.Eng fellowships. Cornell has one called the Knight fellowship. M.Eng is a pretty good gig if you're looking to work in industry after. It's usually a 1 year bit, and the job placement rocks (everyone has jobs at MS, or Lockheed Martin, or somewhere else), and the expected outgoing pay rate is something like $80,000. Also, some people dip out of software entirely and into investment banking, on a route to financial modeling. That starts at about $150,000, and once you're in financial modeling, you're looking at a quarter million a year.
Of course, you can be cool like me and get a PhD, and a fat stipend. A fat one doesn't look anywhere near that $250,000 though ;-), but the work is more fun.
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