Disclaimer: I was one of the fortunate who had my masters degree almost fully-funded by the organization I worked for. But that doesn’t mean it didn’t cost me; I still had to put a lot of time into my schoolwork and my classes were held an hour from my home, so there was a lot of driving involved.
I often speak to professionals who are torn on whether or not to go for a higher degree. In most cases, a higher degree in the short-term (5 years) probably won’t result in a raise or a promotion. So, they often ask, is it really worth it?
In aggregate, the higher the education level you attain in the U.S., the lower your employment rate and the higher your income will be. So, generally speaking, even if you don’t see a short-term gain for earning a higher degree…
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