With the sluggish economy of the last
several years, many professionals have used this time as an opportunity to go
back to school for an advanced degree. However you may be wondering if the cost of
earning that degree is really worth it.
Today there are many entry level jobs
that require at least a master’s degree.
Furthermore, many accredited colleges and universities have made it
easier than ever to go back to school without the need to quit your job by
offering part-time, accelerated and online master degree programs.
A master’s degree sets you apart from
other job applicants and can increase your marketability. According to a quote from the lead economist
of Payscale, Katie Bardaro, in an article from Forbes, she states, “Evaluating
the benefits of a master’s degree is not just about the potential for higher
pay, but also about the opportunities it will bring, the skills and knowledge
it can provide, and overall satisfaction.”
An April, 2014 article from Peterson’s
online site says that, “Over the course of a lifetime, a person with a master's
degree typically earns $400,000 more than someone who only holds a bachelor's
degree, according to the U.S. Census Bureau, and Ph.D. holders are in a
position to command even higher earnings.”
They still recommend carefully weighing the costs against the potential
benefits and determining the value to you and your family.
At Governors State University we offer a
broad range of master
degree programs. In
our College of Arts and Sciences alone, we have ten exceptional master’s
programs. Please see our website for all
of the details and requirements for each program.
Source:
forbes.com/sites/jacquelynsmith/2012/06/08/the-best-and-worst-masters-degrees-for-jobs-2/2/
petersons.com/graduate-schools/cost-graduate-degree-worth.aspx
In every college we have outstanding programs
and world-class professors; all focused on delivering academic excellence in a
small-class setting. Academic excellence and innovation are natural
partners. At Governors State University you’ll find an abundance of both. We look forward to
helping you achieve your educational and career goals.