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Thread: What's a masters degree worth?

  1. #1
    I_royalty_I's Avatar
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    What's a masters degree worth?

    I'm trying to decide if it would be worth it to pursue a masters degree.

    Low key considering stepping out of the working world for a year/year and a half and throwing myself completely into furthering my education a bit more. Also kinda want to get that big school experience considering most of my classes were online or via community college for my bachelors.

    Taking money out of the picture, I'm trying to decide whether to just keep working and progressing that way or going this alternate route.

    Has anybody here gone through graduate school or is going through it now?

    Looking to get more opinions on this realistically. Am I just being crazy?
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    Synth Salazzle's Avatar
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    I honestly read this as someone trying to sell a master degree for neopoints.

    Either way, your masters will depend on what you go into exactly. Depends entirely on career

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  4. #3
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    For me it’s an extra 3k that increases per year- so VERY much worth it. I guess it just depends on your career choice.

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    It depends what your ultimate career goal is. It is obviously favorable to get higher education with today's competitive working world. I am going for my master's right now online while working full time/busy season for accounting and am expected to finish Summer or Fall 2018. For me, I don't think there will be a huge raise or bonus however it makes me CPA eligible (alternatively I could have earned 30 more random credits and still been exam eligible but where's the benefit there?) and passing the CPA exam opens many doors for me. It also should give me a sizable raise and allow me to go into industry and leave public if I choose to.

    You're young enough where it's worth it to get the master's. It's a $20-25k investment now for a career of better pay. But I don't think you need to leave work altogether. A lot of master's programs are offered in the evening after work anyways. If you have any specific questions, let me know.

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    I feel it's worth it, depends on your location too. It's crazy how much you can start off at with even just a bachelor's! The reason why I'm in college is the money $$ because it's sure not easy

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    I'm considering a masters after my undergrad (maybe even a PhD program after that), but I'm in Canada so I feel like it's probably different than elsewhere. For example there are grants available so there is a financial incentive to a graduate program if you know your shit.

    I'm also not really approaching it from a career perspective, so the worth for me is in the education, networking, and access to professors/academia/university library.

    /nerd

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    You should do it if you don’t have a family or kids. Then going back to uni is out of the question!!

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    @(you need an account to see links) not necessarily out of the question - it just means you have to plan your life carefully. My wife was kind of promised a nurse practitioner position / clinic if she’s able to finish her school - she wants to do it - but have to be a bit more patient since we have a baby.

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  16. #9
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    I think it varies a lot by field. I used to really want one and was pretty motivated to get one, but by the end of undergrad I had a lot of that kind of beaten/seeped out of me. But life got weird and I'm two years post grad with still no job, so I'm looking into the possibility of grad school to try to kickstart me, maybe allow me to get an internship that requires you to be a student, et cetera

    From a more literal approach, the value of a masters is about to change based on how the proposed tax bill goes.



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    Quote Originally Posted by Sorbet View Post
    You should do it if you don’t have a family or kids. Then going back to uni is out of the question!!
    Personal experience tells me this is a lie. My husband has his masters and got it while we had a toddler and a newborn.
    It WAS online, but he had to work his ass off for it.

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