Though CMU would definitely provide much better job placement than say the University of Arizona, with the money I save I could fly across the country for job interviews (New York City, Silicon Valley, etc.) not only for my first job but for my entire career.
According to
PayScale.com, the median salary for someone with an MS in Software Engineering from CMU is $78,030. However, the highest pay went to graduates of three other programs:
Median Salary:
National University - $90,132
Seattle University - $84,048
DePaul Univeristy - $81,677
...I assume the difference in pay is mostly because those who went to National University (which based in San Diego) were more likely to work in San Diego and Silicon Valley where there is a higher cost of living.
On the other hand, everything is relative to your future job prospects. If you eventually land a job in New York City paying $200,000 a year, then $60,000 doesn't seem so high for tuition. Then again, any job that pays such a high salary will likely be more stressful and may even accelerate the aging process.
http://www.urch.com/forums/computer-...gineering.html (Got admit from CMU - Masters in Software Engineering)
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