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Tuition Reimbursement and Rental Insurance Update

January 11, 2008

In my industry, tuition reimbursement is pretty common. My current job has it, and my new job actually pays the tuition up front for you.

The problem I’ve run into is that Spring semester starts next week, and I am still finalizing my start date for my new job (most likely, February 1st). There is a class I’d really like to take this semester, but I don’t want to pay for it out of my own pocket. I’ve been trying to get an answer from my new job about whether they will pay the bill for me (even some prorated ammount), or if I have to take a semester off from my distance learning program.

The cost for one class would be rough $1600. I could take this out of savings. Since I have been unable to get an answer from the new job, I have seriously been contemplating paying for it out of pocket. When it comes down to it though, $1600 is just too much money for me to spend. Here’s to hoping they get me an answer soon!

In other news, I purhcased my rental insurance from Geico last night, with a 5k deductable. The reason I’m getting rental insurance, despite the fact that the value of the things in my apartment is probably less than the deductable, is the liability issues. The general rule (for me at least) is to insure yourself against thigns you can’t afford to have happen. If my apartment burned down, I could afford to replace my belongings. That is why I have an e-fund. The policy also has some sort of “temporary living” terms that would help me out. What I couldn’t afford is if my apartment burned down and it was blamed on me and I was sued for damages. I chose a high deductable, but also high “liability” coverage. It was only $163 for the year, and it was close to $300 for a more “reasonable” deductable of $1000 or $500.

One Comment leave one →
  1. Ryan permalink
    January 11, 2008 4:49 pm

    I wish my current job would give us a tuition reimbursement (or at least be clear about when they will and when they won’t). The decisions are rather arbitrary.


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