How much is a master's degree worth?

Answer 1

A Master's degree is an advanced degree. Virtually, you make at least $11,000 more a year than if you were to compare to a salary of a candidate with a Bachelors and no Masters degree according to a statistic from Franklin.edu here, https://www.franklin.edu/blog/doctorate-vs-ph-d-what-are-the-differences.

I paraphrase this paragraph w/r/t caliber of the Master's level that is worth the time and energy. Master's level work is more independent, higher level of thinking, and a change from the Bachelor's workload, that is it is more challenging. If you study a Master's program and you do not thrive, have fun, or find use for it within your own interests and life choices then its worth is that all your energy will be futile. This paraphrased paragraph is cited from Franklin.edu here, https://www.franklin.edu/blog/doctorate-vs-ph-d-what-are-the-differences.

Most Master's students work and attend school full time or part time. At this level you are in the professional world. Financial Aid is available; however, if you do not need it, then, do not acquire aid because you have to pay an approximation of 6% on your borrowed funds in addition to what you borrowed.

Probably about 20% of the U.S. population have earned a Master's degree - it is or can be quite an achievement!