The cons of attending journalism school can typically be narrowed down to cost of tuition, the importance of real-life job experience, and the cost of tuition. But the contacts you’ll gain from a formal education can’t be underestimated — especially in a business where relationships are everything.

“I made friends with other journalism majors, and those connections have been invaluable in my career,” agreed Lauren Streib, a UNC journalism grad who is now an assistant editor at The Daily Beast. When you first graduate, you all may have entry-level positions or internships, but in about 10 years, your friends will be in charge of hiring decisions or have close relationships with people who do. In 20 years, you’ll be running the show.

Read more in 6 Reasons a Journalism Degree Is Still Necessary. [Mediabistro AvantGuild subscription required]