Your personal financial situation should be a big factor in making this decision. Numbers alone shouldn’t dictate whether you go back to school for an advanced degree, but they sure can help you decide. On the pro side of graduate school, more education typically leads to greater income. On the con side, reaching those upper scholarly ranks also costs more money.
When you drive an older vehicle, you don’t get quite as bent out of shape about people who roll around denting the crap out of other people’s cars while leaving nothing behind except some ugly green paint.