“In disciplines such as medicine, for instance, an advanced degree can provide a 190 percent salary increase over a pre-med-focused bachelor’s degree, according to the Georgetown study. For other programs, the return on investment isn’t as certain: In some cases, available job opportunities are scarce or low-paying, or employers may value relevant work experience more than another diploma“
http://finance.yahoo.com/news/5-graduate-programs-arent-worth-070045929.html
From your experience and knowledge of these areas, do you think this is true? Especially considering the shift in workforce demand and our economy…
I know it’s true. A specialist always makes more money than a generalist, especially when its a high demand specialty. Though all advanced degrees put you in a position to make more money, no one values music as much as the ability to be able to make money. People will pay more for something that they need and cannot do for themselves, which is why law degrees are always valuble. No matter if you practice law or not, the degree is a way to generate a lot of money, and if you apply it ruthlessly, you can have riches beyond your wildest dreams.