I will be entering an MS program in engineering this fall. I was not offered any assistantships or fellowships/funding. I was accepted to other graduate programs with some funding but chose to go to my top choice of school.
I spoke to my academic advisor and they told me something very similar to 'most MS students here take out loans, complete a non-thesis program, and then go out into the real world and make a ton of money and pay them off.'
Given that I would also like to apply for PhD programs and external funding upon completion of the MS program: what obstacles, if any, will be associated with me choosing to complete the thesis program if I will not be working in a lab? Could this cause issues when I go to apply for fellowships/PhD programs?