Whether you just graduated from college or have been working a few years, earning a masters degree has its benefits, but is it the right move? There has been debate on whether earning a masters degree can lead to more job opportunities and a higher salary.
Generally, there are few things to keep in mind when you are considering a masters degree.
Why Do You Want It?
A masters degree is in-depth plan of study that attracts committed students. You should apply to graduate program because you are committed to your field or profession and know that it will help improve your skills and knowledge. Going to grad school to avoid tough times or for money isn’t reason enough.
What is Your Major?
Not all majors pay equally. Masters degrees in certain fields, like engineering and the sciences, are in high demand and in turn will command higher salaries. In addition, degrees that are career oriented, such as accounting, IT, or Nursing, will also bring in higher salaries.
How Much does it Cost?
A masters program can be costly, with price tags of $50,000 or more! Public schools or online programs are generally cheaper, with online programs allowing you the flexibility of earning your degree over a longer period of time. Before you apply, get information on financial aid programs and what types of aid are available to you as a graduate student.
Start your search now for schools and degree programs that match your interests and receive information on earning your masters degree!