According to “The Economic Value of College Majors,” a 2015 study by Georgetown University, college graduates with a bachelor’s degree earn an average annual salary of $61,000 over the course of their career, while those with a graduate degree earn $78,000 annually.
Do you get paid more if you have a master’s degree?
According to CareerBliss, a master’s degree pays off if you are aiming for the job title of general manager. General managers with only a four-year degree earn, on average, $79,818.09. Those with a master’s do 17.92 percent better, earning $97,246.27.
Is it worth it to get a master’s degree?
A 2011 Census report revealed that, over a lifetime of 40 working years, the earning potential with a Master’s degree is about $400,000 more than with just a Bachelor’s. Not getting a job that is specifically tied to your Master’s degree could feel like a waste, and thus not worth it.
Is a master’s degree worth it 2019?
Compared to the lifetime of benefits a student could receive by earning a master’s degree, such as potential wage increases and higher-level job positions, two to four years seems like a reasonable amount of time to invest and will ultimately make pursuing an online master’s degree worth it in 2019.
How much work is a masters degree?
A master’s degree typically requires a year and one-half to two years of full-time study. To earn a master’s degree you usually need to complete from 36 to 54 semester credits of study (or 60 to 90 quarter-credits). This equals 12 to 18 college courses.