[A033] Edu Level Up: Tackle the Grad School Decision

What’s the ROI on grad school?

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Someone with a graduate degree is more likely to have higher lifetime earnings than someone with a bachelor’s degree. The difference is even bigger when compared to someone who hasn’t been to college or who hasn’t graduated from high school. Even though grad school can be expensive, it might still be worth.

On the other hand, just because grad school is supposed to lead to a higher-paying career doesn’t mean it’s the right choice for you. Grad school can be expensive, and it’s not always necessary. General trends may not apply to your specific situation. You don’t need to follow a path just because someone else marks it out, and you can’t assume that grad school will automatically result in more money.

Before you decide to go to grad school, carefully consider your situation. You need to do the research and carefully consider the options before you determine what makes the most sense for you and your situation.

Concepts

  • What are some of the reasons that grad school is considered a natural progression?
  • Understanding the factors that make a grad degree “worth it.”
  • Reasons to go to grad school, and reasons to avoid it.
  • What role does the prestige of the school play in determining whether or not grad school is worth it?
  • Consider the cost of grad school, and your return on investment.
  • Ways that grad school can impact your life, from family and relationships to your time availability.
  • How to determine whether or not you are ready to tackle grad school.
  • Tips for be realistic as you explore the idea of grad school.

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Resources

Georgetown UniversityGeorgetown study on college
PayScaleGraduate degree salaries
CNBCLaw school ROI

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[A033] Edu Level Up: Tackle the Grad School Decision was last modified: March 3rd, 2017 by Harlan and Miranda

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