They say today’s bachelor’s degree is like yesterday’s high school diploma: everyone has one, and it won’t get you as far as it used to. Take it from a grad student himself: A lot of that is true. So what’s the next step? Grad school!
You’re probably thinking of taking the leap into grad school yourself. Maybe you’re stuck in a rut at your current job, maybe you’ve always wanted a master’s or maybe you’re looking to take your career in a slightly different direction.
But you have a tight budget, a full-time job and maybe kids on the horizon. Let’s face it: grad school isn’t cheap. According to FinAid.org, the average master’s degree will set you back anywhere between $10,000 to $30,000.
With that said, will an extra degree really help boost your career prospects? Or will it leave you in a mountain of debt like the Everest you acquired in undergrad?
Here’s what you should consider before committing to grad school. The following are reasons you should go, and reasons you shouldn't.