In defense of the master’s degree
Forbes - 04/04/2014
In the United States and throughout the world, an important debate is taking place regarding the costs and benefits of higher education. In the post-Great Recession era, issues such as employability, return on investment, and student debt levels have come to the fore. A very recent analysis published by the New America Foundation, “The Graduate Student Debt Review,” calls attention to growing levels of student debt incurred in the pursuit of graduate degrees, and calls into question both public funding for and the utility of master’s degrees. Although this analysis raises some important points, to paint all graduate education with a negative brush ignores the growing demand for and value of master’s degree-educated professionals in the economy.