I’m currently going into my last year of college at UCF. My major is psychology, but now I’m contemplating on adding business as a second major. Is it worth it? Or am I better off finishing up my degree and going to graduate school for business? If I stick to finishing up my psychology degree, then I will be graduating without any debt, but if I add a second degree then I will have to take out loans. Is it better to take out loans during graduate school or for a second bachelor’s?
Generally speaking it is rarely beneficial to take on debt/extra semesters for a second undergrad degree. Finishing your degree then getting an MBA would be a better choice. Also, you could leverage your psych knowledge in areas like marketing in grad school. When I got my MBA I had a friend in the program who had a psych undergrad and she focused on marketing and entrepreneurship, worked out very well for her.