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Author Topic: Advanced Degrees That Don't Pay Off...  (Read 1725 times)

Offline jtmal0723

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Advanced Degrees That Don't Pay Off...
« on: January 03, 2012, 10:13:41 PM »
Something to think about...

Quote
Grad students are making heavy investments of time and money in their future income prospects, but in many areas of study the odds are stacked against the gambles paying off. A Georgetown University analysis identifies the advanced degrees that gave students the smallest pay bumps.

If you're currently in grad school for meteorology, studio arts or petroleum engineering, you may want to stop reading right now, think happy thoughts and enjoy the rest of your winter break.

Daily Finance relays the findings, which say meteorology grads could only expect to make one percent more, while studio arts upped their salary prospects by three percent and petroleum engineering students did so by seven percent. Other sucker bets included oceanography, mass media and advertising/public relations, which hovered near 11 and 12 percent bumps.

Meanwhile, health and medical preparatory programs paid off the best, upping graduates' salaries by 190 percent.

Link to Article on The Consumerist

Offline Localonthe8s

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Re: Advanced Degrees That Don't Pay Off...
« Reply #1 on: January 03, 2012, 11:10:55 PM »
Interesting. It seems many of the available, secure and high paying jobs are in the health field. This is probably moreso because doctors (who make lots) would have to earn an MD after bachelors in order to practice.

Offline Mr. Rainman

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Re: Advanced Degrees That Don't Pay Off...
« Reply #2 on: January 04, 2012, 04:05:42 AM »
Something to think about...

Quote
Grad students are making heavy investments of time and money in their future income prospects, but in many areas of study the odds are stacked against the gambles paying off. A Georgetown University analysis identifies the advanced degrees that gave students the smallest pay bumps.

If you're currently in grad school for meteorology, studio arts or petroleum engineering, you may want to stop reading right now, think happy thoughts and enjoy the rest of your winter break.

Daily Finance relays the findings, which say meteorology grads could only expect to make one percent more, while studio arts upped their salary prospects by three percent and petroleum engineering students did so by seven percent. Other sucker bets included oceanography, mass media and advertising/public relations, which hovered near 11 and 12 percent bumps.

Meanwhile, health and medical preparatory programs paid off the best, upping graduates' salaries by 190 percent.

Link to Article on The Consumerist


That's all fine and dandy if you're in for the pay. As a person who wants to understand meteorology to its fullest extent, I'd love to go through the graduate program. I'm strongly considering a Ph.D here at UND in Meteorology after I finish my undergraduate program. Besides, the higher degree you have, the more prospective you look to the employers (although it may be a bit weird working at the NWS as a Ph.D rather than a M.S.).
Tiddlywinks.