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Hello. I just finished a bachelors degree a couple of months ago (paid through loans) and I was thinking of going into a graduate program. There is nothing really specifically I want to do so I was just going to study anything just for the sake of having an advanced degree. I’m worried of getting deeper into loans but I’m also worried that I might not do it and regret it later. I guess my questions is if a masters is worth doing for career advancement or should I just leave well enough alone and not get further into debt?

4 Thoughts on Should I pursue a masters degree for career advancement?
  1. Reply
    February 7, 2013 at 2:32 pm

    It’s really important before you get a master’s degree that you have a specific career goal and a passion for a specific career. Don’t do a master’s degree just for the sake of getting it – get it because you’re interested in a specific career, otherwise you’ll regret it and won’t advance that far. What do you really want to do for a career and do you need a master’s for that? Having a career focus is very important – just getting a master’s degree won’t fix that lack of focus. Employers also like people who are dedicated to a career and not just someone who has a degree.

  2. Reply
    February 7, 2013 at 2:40 pm

    I believe that if you’re pursuing a certain education path that you should have some type of goal in mind. Pursuing higher education just for its own sake is both a waste of time and money. In all probability, you’re going to end up with a degree that means nothing to you and one that you’ll never use.

    Think about it. A masters degree in most fields takes at least 2 to 3 years if you pursue it full-time. Grad school tuition is also much more expensive that undergraduate tuition so you’d be looking at putting yourself thousands of dollars deeper in debt for no good reason. What field of study is your bachelor’s degree in? Is there a particular career that you want to go into, and, if yes, are there more opportunities (higher position, better salary, more job satisfaction) available to people in that field that have a masters degree?

    If you’re planning on going into a management level administrative-type position then a graduate degree is an asset. If you’re a researcher or designer in a natural science or engineering field, a masters degree is also an asset. If you’re in the health sciences and you want to go into advanced-level clinical practice, a master’s degree is a must. Certain other professions (i.e. Education) require a masters degree if you plan to teach at the high school or college level. Many professions do not require a graduate degree at all, and having one may prevent you from getting certain jobs if the prospective employer feels that you are overqualified for the position.

    Find out what you really want to do with your career first, and if after you’ve done your research you find that having a masters degree will create more employment opportunities for you then pursue the degree relevant to that career path. Also consider that in many cases, you can work as a teaching assistant at the university in exchange for a stipend and free graduate tuition. This is one way to get a graduate degree without paying for it.

  3. Reply
    February 7, 2013 at 3:14 pm

    You can never have enough education, and later on it may be harder to go back to school to earn an advanced degree. There are more people kicking themselves in the you know what for not getting a degree, than there are kicking themselves for getting one. If you have the opportunity, do it. But you need to pursue something you have a passion for, or you will not be very successful and happy. Try to get into an internship to help you decide what you want and like to do. The job market is extremely tough right, and will be for awhile.

  4. Reply
    February 7, 2013 at 3:49 pm

    Well………lets put it this way…… will be highly educated with no experience……..demanding a high salary that no one can afford…….and up to your @ss in loans that you will never be able to pay for………..

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