Why Get a Masters Degree?

Why Get a Masters Degree?

A master's degree in any subject or course will serve as a distinct advantage for students in a number of positive ways. In the United States, a master's degree education is one of the fastest growing and biggest areas of a students' education. The master's degree is so-called because attaining this high level of education on a field of study indicates that you have mastered it.

A master's degree means you will have advanced knowledge of the subject and will demonstrate that you have the ability to solve difficult problems and think with independent thought. A master's degree will help you advance in your career as well. It will give those that have attained a master's degree an opportunity to move up through the ranks of an establishment or corporation.

Gaining a master's degree can lead to a student entering a career earning a much higher salary than those without such a qualification. It will also give degree holders a chance to hone their professional skills, develop new competencies and even adjust your career path in you feel you could do with a change in direction.

The number of master's degrees being awarded in the United States is dramatically on the increase. In the 1990s, the United States would award around 480,000 every year but in more recent years the country now awards around 640,000 annually*. Another reason why a student should strive for a master's degree is to enter a doctoral program and think more independently in your career.

There is a potential for someone holding a master's degree to earn substantially higher salaries than those that only hold a high school diploma, associate's degree or bachelor's degree, according to figures* released by the US Bureau of Labor Statistics. The average weekly earnings for a master's degree holder are around $1,300 and unemployment rates among those with a master's is just 3.4 percent – the national average for the US in 2013 was 6.1 percent. The average weekly earnings figures are much higher than the national average for Americans, which stands at just over $800 per week.

But there is more to just earning a higher salary and having more chance of getting a lucrative career; master's degree holders are people that can play a key role in producing educated people by passing on some of their knowledge to the wider community and society. Many Master’s degrees automatically qualify the recipient to teach at the community college level, and this can open a lot of doors in terms of employability and career options.


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