Suze Orman On Why Those 50 And Older Shouldn't Bother With Grad School

It's not uncommon for many of those over 50 to go back to school if they feel like they're in a rut in their careers or just want a big change in their lives. But if you ask financial guru Suze Orman, it might not be worth the hassle -- especially if you have to borrow tuition money.

"You're going to go back to school to become what? It's going to cost you how much to become that which you want to become? And then once you become it, are you going to be able to get a job?" Orman said in a HuffPost Live interview Tuesday. "Are you going to be able to afford to pay the student loan back? Chances are you're not."

Dire needs can also push those over 50 back to school, as the number of said students spiked from 2007 to 2009 thanks to soaring unemployment. If you listen to Orman, however, don't get caught up in that hysteria.

"So before you go back to school to invest in yourself -- and I don't care what age you are -- you've got to make sure that you know how much it's going to cost you, are you going to get a job, and can you afford to make those payments back on a student loan," she told host Josh Zepps. "Because if you cannot, it's not worth going at all if you ask me."

Watch the rest of the clip above, and catch the full HuffPost Live conversation here.

Sign up here for Live Today, HuffPost Live's new morning email that will let you know the newsmakers, celebrities and politicians joining us that day and give you the best clips from the day before!