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  1. #1
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    Should I get a master's degree?

    “Out beyond ideas of wrongdoing and rightdoing there is a field. I'll meet you there.” ~ Rumi

  2. #2
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    Re: Should I get a master’s degree?

    From the second article:

    "There’s a standard rule of thumb that you should not be borrowing more than what your expected first-year wages are."
    “Out beyond ideas of wrongdoing and rightdoing there is a field. I'll meet you there.” ~ Rumi

  3. #3
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    Re: Should I get a master’s degree?

    Invest a bit more and get a PhD in English literature if you want to work here
    originally posted by Daniel in PhD Funny

    3506D501-2829-49DB-8471-131B65E45246.jpeg

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    Re: Should I get a master’s degree?

    Regarding PhDs:

    "PhDs in maths and computing, social sciences and languages earn no more than those with master's degrees. The premium for a PhD is actually smaller than for a master's degree in engineering and technology, architecture and education. Only in medicine, other sciences, and business and financial studies is it high enough to be worthwhile. Over all subjects, a PhD commands only a 3% premium over a master’s degree."

    Why doing a PhD is often a waste of time - The Economist
    “Out beyond ideas of wrongdoing and rightdoing there is a field. I'll meet you there.” ~ Rumi

  5. #5
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    Re: Should I get a master’s degree?

    Of course, the reasons for getting a Master's Degree or a Ph.D. degree, depending on the area of study, are not just economic.

    The length of focused study does provide the concentration and time for increased knowledge of the area beyond a lower degree.

    Additionally, depending on what you want to do in your career, an advanced degree may be required.

  6. #6
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    Re: Should I get a master’s degree?

    Not surprisingly, information technology pays better (often twice as much) compared to mental health:

    Best-Paying And Worst-Paying Master's Degrees | Monster.com
    “Out beyond ideas of wrongdoing and rightdoing there is a field. I'll meet you there.” ~ Rumi

  7. #7
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    Re: Should I get a master’s degree?

    Quote Originally Posted by Daniel View Post
    Not surprisingly, information technology pays better (often twice as much) compared to mental health:
    That's probably to help compensate for the future costs of mental health professional needs being an IT professional creates.

    It's like getting married and having kids: Seems awesome until you're in the turmoil of no more "cookie" cause the baby kept the wife awake all night for the past year, etc... Then it starts to feel like Walt Disney lied to you

    Disclaimer: Yes, I'm slightly blowing things out of proportion

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    Re: Should I get a master’s degree?

    And I always liked the idea of having two part time jobs in different fields.
    “Out beyond ideas of wrongdoing and rightdoing there is a field. I'll meet you there.” ~ Rumi

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    Re: Should I get a master’s degree?

    The thrills of modern day job security! "They let me in the building this morning... I haven't been escorted off the premises by security yet..."

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    Re: Should I get a master's degree?

    Computer Science Grads Can Earn More Than MBAs
    March 20, 2018
    USNews.com

    ...It's not uncommon for a recent graduate with a master's degree in computer science to earn more than a recent MBA grad. Experts say that's because computer science-related jobs are projected to grow even more in the next few years...

    It is important to note that salary for either MBA or MS in CS [computer science] depends on not just your job, but also the school you attended. We see a wide range in pay for both degree types; although a wider range for MBAs," Bardaro says.

    Among graduates from Georgia Tech's master's programs, the typical salary ranges from $110,000 to $140,000, Isbell says, but that doesn't include bonuses or stock options...

    "A number of years ago, students used to regard computer science as an insular discipline and you only went into a computer science degree if you were really into computer science. In the last couple of years, there's been a growing realization that computer science and computation science is something that permeates to a lot of many other fields," he says.

    With that, more sectors are also incorporating more computer science-related jobs. Companies such as The Home Depot Inc. and Macy's Inc. are hiring these technological workers, Isbell says. "So getting a job is not a problem."
    “Out beyond ideas of wrongdoing and rightdoing there is a field. I'll meet you there.” ~ Rumi

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