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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."
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."
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
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
David Baxter PhD
Late Founder
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.
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.
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
Not surprisingly, information technology pays better (often twice as much) compared to mental health:
Best-Paying And Worst-Paying Master's Degrees | Monster.com
Re: Should I get a master’s degree?
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
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
Re: Should I get a master’s degree?
And I always liked the idea of having two part time jobs in different fields.
And I always liked the idea of having two part time jobs in different fields.
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."
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."
Why Would Anybody Become a Therapist?
...Therapists stay in the profession, they found, not because of material rewards or the prospect of professional advancement, but because—above all—they value connecting deeply with clients and helping them to improve. On top of that, the clinicians interviewed consistently reported a strong desire to continue learning about their profession, regardless of how long they’d been practicing. Professional growth was cited as a strong incentive and a major buffer for burnout across the board...
...Therapists stay in the profession, they found, not because of material rewards or the prospect of professional advancement, but because—above all—they value connecting deeply with clients and helping them to improve. On top of that, the clinicians interviewed consistently reported a strong desire to continue learning about their profession, regardless of how long they’d been practicing. Professional growth was cited as a strong incentive and a major buffer for burnout across the board...
Fun fact:
"The U.S. Department of Veterans Affairs employs more than 10,000 professional social workers. It is one of the largest employers of MSWs in the United States."
Explore Social Work - National Association Of Social Workers Indiana Chapter
(The V.A. also seems to pay better than most employers and provides pension benefits.)
"The U.S. Department of Veterans Affairs employs more than 10,000 professional social workers. It is one of the largest employers of MSWs in the United States."
Explore Social Work - National Association Of Social Workers Indiana Chapter
(The V.A. also seems to pay better than most employers and provides pension benefits.)
For better or worse: Social work and counseling degrees cost more than most masters degrees, e.g. the IT degrees usually are only about 30 credits while a counseling or MSW degree is now usually around 60. There are loan-forgiveness programs in the U.S. (and Canada?), but you may have to relocate, etc.
The GRE costs $205!
If you live in the US and are low income, you can get the fee reduced to $102.50:
GRE Fee Reduction Program (For Test Takers)
(Many masters programs also waive the GRE requirement.)
If you live in the US and are low income, you can get the fee reduced to $102.50:
GRE Fee Reduction Program (For Test Takers)
(Many masters programs also waive the GRE requirement.)
Personally, I applied today to an online IT (information/data science) masters degree at a state university. This was after deciding not to enroll in a masters in counseling since I am happy with less social interaction in my current job.
Cost will be only $13k for the whole program, and I can even do a thesis as an online student. Like most masters programs, the program can be done part time.
Cost will be only $13k for the whole program, and I can even do a thesis as an online student. Like most masters programs, the program can be done part time.
David Baxter PhD
Late Founder
I know. The GREs have always been a bit of a scam.
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