After taking the GMAT twice and laboring over more essays than I would care to write about myself I have been accepted to an MBA program here in Boston.

I’ll be starting in the fall and will be going part-time and have applied for financial aid, but haven’t heard back on how that will turn out. I make about $49K, so my thought is that they won’t be too kind to me – it’s a shame that debt isn’t taken into account on those applications. Yes I make $49/yr, but I owe over $30K – so really that means I make about $29K/yr. I just made that up – but those of you that have or are experiencing credit card debt know exactly what I mean.

Anyway – this throws a little wrench into the whole life/finances/debt paydown, doesn’t it? But really that’s fine. First of all, I’m excited to go back to school and learn. Second, it will (hopefully) increase my earning potential. In fact, I see this as the best time to be in school. During the recession (and yes, let’s be honest, it’s a recession) I will work towards my MBA and hopefully in 2-3 years the recession will be over just in time for graduation.

Well that’s the plan at least…so in the future, my posts will have a new aspect. The in-debt, overworked blogger looking for a way out. Sounds exciting, no?