3 Reasons Why A Master’s Degree Is Worth Your Time

For some people, entering a master’s program is a no-brainer. Physician assistants, physical therapists, librarians, and several other career paths require a master’s degree to get a job. However, for many who have completed their bachelor’s degree, getting a master’s degree is a harder decision. How do you know what’s best for you? 

Whether you completed your bachelor’s degree 10 years ago or 10 months ago, there’s one question that never goes away: “Is a master’s degree really worth it?”

There’s no “one-size-fits-all” decision for getting a master’s degree – but we definitely think the pros outweigh the cons. Here are just three reasons why:

1. You increase your earning potential.
While getting your master’s degree is an investment of time and money, research shows that it pays off. For example, a 2020 study found that people with master’s degree earned an average of $240 more per week than those with bachelor’s degrees. Additionally, master’s degrees in business, science, and technology fields can result in 70% higher earnings over the course of a career.

Ultimately, pursuing more education can produce better financial outcomes in your future – so if you want to invest in your long-term success (and feel more secure about your retirement), a master’s degree is the perfect solution!

2. You broaden your job opportunities.
When you’re ready to take the next step in your career, you might find that you need a master’s degree to move forward. In recent years, almost 40% of employers have raised their educational requirements. Additionally, the Bureau of Labor Statistics reports that the number of occupations that require a master’s degree for entry will grow by almost 17% through 2026.

Earning a master’s degree can give you an advantage over your competition, and it can qualify you for higher-level positions in management and leadership. Employers want to see that you have both the credentials and the experience required for a position, so look for a master’s degree that combines course learning with practical experience.

3. You can get your degree affordably.
One of the biggest barriers to getting a master’s degree is the cost. After you complete a bachelor’s degree, you’re probably hesitant to spend more money on your education. However, it is possible to get your master’s degree affordably – and our programs at IWU prove it. We offer various types of grants and scholarships that minimize your expenses and enable you to get a high-quality degree for minimal cost. 

Don’t settle for an expensive program that will cost you more money than you’re willing to pay. Reach out to us to see how we can make your master’s degree worth getting.

IWU National & Global | 1886 W. 50th St. | Marion, IN 46953