What Should I Get A Masters Degree In – Ask yourself, “Why are you in graduate school?” Have you ever asked? Here’s why: A formal, advanced education is a certificate that no one can take away, and it’s a gift that keeps on giving throughout your life.
For this particular moment, this ring is especially true. As the U.S. pandemic continues and employers embark on the “Great Recession,” this may be an ideal time to go back to school and earn a master’s degree.
What Should I Get A Masters Degree In
The decision to further your education is a personal one, and there are many reasons for doing so. But consider these four amazing reasons to get a master’s degree and take your studies and career to the next level.
Applying For A Master’s Degree Program
Bragging rights. The most recent data from the National Center for Education Statistics (NCES) shows that only 13 percent of Americans over the age of 25 have an advanced degree. This is a very select group – there is no annual membership fee.
Yes, bragging rights on the home grill are guaranteed, but also think about the sense of personal accomplishment you’ll get by completing a master’s or graduate certificate program. Not to mention how stimulated your brain will be with the extra knowledge.
You are what people in continuing education call a “lifelong learner.” Your advanced research will also keep you abreast of what’s happening in your career, keeping you abreast of the latest trends, innovations and best practices. Your degree can open up a world of possibilities.
Show me the money! According to Kiplinger, the median annual income for bachelor’s degree holders is $50,281, rising to $73,100 for advanced degree holders. That works out to nearly $23,000 a year.
What Can I Do With A Master’s Degree In Medical Science?
Over an average 40-year career, those with a master’s degree earn $400,000 more than those with only a bachelor’s degree (source: Georgeton University). A college degree earns more than $1 million in lifetime earnings compared to a high school diploma.
That’s an amazing lifetime ROI. Graduate school can be more affordable than you think, especially if you’re in a full-time program and your employer can help. It always amazes me how many people don’t take advantage of employee education benefits. It’s like winning the lottery but never getting a ticket.
Make an offer. Increase. Change careers. Having a graduate degree on your resume will help you stand out in the job market.
The COVID-19 pandemic, combined with the Great Recession, has led to the largest job losses since the last recession. As the economy recovers, employers are looking to hire the best and brightest candidates. Given two equally qualified candidates in terms of work experience, who do you think they would choose first—the one with the master’s degree or the one with the bachelor’s degree?
How To List A Degree On A Resume (associate, Bachelor’s, Ma)
However, if moving up the career ladder is your goal, what better way to do it than to get to the top level? Completing your course shows that you have the ability to continue learning and improving your skill set. In fact, much of what you learn in graduate school is immediately applicable to your current (or future) position. Don’t underestimate the power of your connections and networking opportunities with peers and professors in college.
According to the US Bureau of Labor Statistics, occupations that typically require a master’s degree are expected to grow at a rate of 16.7% through 2026. That’s more than double the expected growth rate for all industries, 7%, 4%.
Keep your job. If the potential for increased earnings associated with an advanced degree doesn’t entice you to apply for graduate school, perhaps you should know that you are less likely to be unemployed?
According to 2020 data from the US Bureau of Labor Statistics, the unemployment rate for those with a master’s degree is 4.1%. Compare that to the percentage of those with a high school diploma (9%) or bachelor’s degree (5.5%).
Degree Completion Timeline
That’s it. Four important reasons to get a master’s degree. The bottom line: Scaling graduate school is probably harder than you think. Most programs allow for part-time study and are completed in two years, so you may need to make some temporary adjustments to your current professional and personal commitments.
In general, graduate school is a wise investment. The time, money, and effort you put into earning a degree will pay dividends, including higher earning potential, lower unemployment rates, and a way to differentiate yourself in a competitive job market.
The university offers 15 master’s degrees and nine graduate certificate programs. Earn a qualification in business, education, healthcare or technology. Most of our programs are designed to be completed on a full-time basis – perfect for busy professionals.
Tim Panfil is the university’s senior director of graduate admissions and enrollment management. He has worked in higher education admissions, marketing and enrollment management since 1993. He has also taught undergraduate courses to non-traditional students at Lewis University, Benedictine University, and university management and marketing majors.
Is Over 60 Too Late To Get Your Master’s Degree?
3.7x: In 2017, a graduate was 3.7 times more likely to drop out of high school.
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