Is
Graduate School For Me?
By Stuart
Simpson
You don’t
need to go to graduate school. This is true. You’ve got
your college degree and this will help you maintain a roomy house
in a nice neighborhood. But what will a graduate degree do for
you?
More
Income
First, there
is a little more money. Lifetime earnings average $234,000 more
than an individual with just a bachelor’s degree. But if
you got a doctorate, then increase the amount by $504,000 above
the master’s level. Doctoral education along with the apprenticeship
work can take 10 years or longer. And the 10 years are some of
the most grueling work you’ll ever do. So let’s focus
on just the graduate degree. Whew.
More
Valuable At Work
Another reason
for obtaining a graduate degree is to make yourself more valuable
to your employer. They aren’t going to can the guy with
the MBA. In this age of layoffs and cutbacks, you need a competitive
advantage over your coworker. Everyone is replaceable. If you
think you aren’t, better think twice. Just make it harder
on your employer to find another employee with a graduate degree
at your salary. See what I mean?
Getting your
graduate degree usually entails being motivated by some other
source. I started my graduate program when I decided to leave
my current job. I wanted that advantage over the next applicant
when I found the job I was looking for. The people in my class
were of the same caliber. Some were just getting the degree “while
they were still in school mode”. Most of the others were
like me, going back the 2nd time for actual learning and motivation
to find something better than our current jobs.
Easier
To Find and Hold a Job
But you don’t
need an MBA to get a job – right? True, but it does make
it a lot easier finding and holding a job you like and getting
compensated for your education. I took a career path after college
for several years. After a while, I realized I had time before
retirement for another full and complete career of something totally
different. Nobody says you have to work at the same place for
35 years. I know a lot of folks who do.
The main thing
is – you’ve got time to decide where you want to go
and what you want to be. Me? I quit that dead end job. I enjoyed
my MBA classes so much I want to be a college instructor. Don’t
think I can handle the doctoral program yet, but in time. . .maybe.
What are your interests? Find them. Set goals. You can do it.
Stuart
Simpson
BS Finance
7 hours towards his MBA
http://www.college-degree-review.com/
http://www.medical-school-review.com/
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