I have been offered a scholarship for a masters in theoretical physics at my home university, the scholarship covers the fees along with a decent stipend but I would rather pursue a masters in maths at a different university.
I feel alot of pressure to take the money for finical reasons but ultimately its not what I want to do. Part of me is considering accepting the offer and using it to save for a masters in maths. I feel I will be at a disadvantage trying to do a PhD in mathematics if I take this scholarship since I will have effectively spent 2 years of my prime going doing the wrong route.
If do a masters in maths I will likely have to take out a loan of about 8000-10,000. I'm afraid this will be too much to pay of with a PhD stipend and result in me having to work for a year or two again delaying my career.
Would the time spent doing a masters in theoretical physics put me at a disadvantage when applying for math phd's?
Do typical PhD stipends have enough room to pay off loans?