The average student is graduating with $25,000+ worth of debt. (This is for an undergraduate degree!) The job market is crowded. Unemployment continues to hover in uncomfortable heights.
What should you do, you ask. “Go to grad school” many will say. You’ll have a better chance of finding a job. You’ll be better equipped for a “better” job.
Is this true?
Grad school can be great for some, but it’s not for everyone. How do you know if it’s right for you?
Read below the 6 reasons you SHOULD go to graduate school?
You SHOULD go to grad school if:
You have a clear career goal
There are many careers that require a graduate degree. You can’t practice law with out one, unless you’re Mike Ross. If you have a specific career or job that requires a grad degree, then go for it.
Your employer is paying for it
If you can get a free or greatly reduced degree, then this can be a great move. You may have to go part-time or take night/weekend classes, but it could save you thousands of dollars.
Finances aren’t an issue
If you have little or no undergraduate debt, it will be far less stressful going to graduate school. If you have an education fund or enough savings, this could make sense.
If you really love the topics and have the time
When I went to graduate school, it was because I genuinley loved the topics and I had the time. This was before my wife and I had children, so it was much easier. (Don’t think it would be possible now!)
You want to teach
If you want to be a professor or one day teach in higher education, most schools will require a graduate degree. If teaching is remotely on your radar, you should consider an advanced degree.
You want a raise
Many companies and organizations will give you an increase in salary if you increase your knowledge. Many in the public school system pursue advanced degrees for the increase in income. This can have significant impact over the life of your career.