In many areas, get a master’s degree is a great way to advance one’s career. However, it is not always the best course of action, especially if not well thought out in advance. So before you enroll in higher education, ask yourself these three questions.
How do I pay for this?
In recent years, the amount of outstanding student loan debt has eclipsed credit card debt in the United States. Americans now owe more than one trillion dollars in federal and private student loans. Higher education usually comes with higher costs as well. Do not become a statistic and ends overburdened by crushing debt and huge monthly payment just for the degree. Worse yet, if you wind up finishing the program you will still have to pay back the loan.
Find ways to finance schooling either by saving up fees before or working part-time while enrolled. Better still, some employers will pay for your degree if you show how knowledge and experience will make you a more valuable employee.
How will this benefit my career aspirations?
Do not get trapped into thinking you’re getting another degree. Some people feel like it is a necessary component to a fulfilling career, but it is not always the case. Before signing, sit down with your employer and talking through it to achieve a master’s degree will do for you. It will increase your pay? Will you consider for the next managerial?
If you are aware of the current opening that claims a master’s degree is required to reach out to the decision maker and inquire about the possibility of them to help you finance it.
The important thing is to have a strategy for going back to school will directly advance your career. Do not waste time and money if you can not see the path ahead that increases your duties and paycheck.
Am I pursuing something I love?
Some return to school if their job situation changes or whether they simply do not enjoy their work more. Make sure that you are on your way to something you love, not just running away from something you dislike. Too many people think to get a master’s degree will somehow change their lives. There must be some objective in mind more than scale.
There are plenty of great reasons to get a master’s degree. But before you sign up for next semester, make sure that you can pay for it, understand the impact on your career, and are pursuing something you really enjoy. If you calculate the three-degree your master will be one of the biggest decisions of your life.