What is the value in higher education, if you've already established momentum in your career? When does it make sense to go back for a Masters? What payout do you need to see in order to justify the high cost of post graduate education? Or should higher education not be tied to a monetary gain?
That is, you have established yourself in your industry as a subject matter expert and you have a pretty good gig going for you. All in all, you're finishing off your tenure in the work world making a decent salary, and for the most part, life is just peechy.
The obvious answer in my mind is well, duh!!, education is always valuable. You will grow as a person and make yourself more competitive in the work place, especially if you get into a position where your employer is comparing apples-to-apples. But really, what is the value in investing more time and money into a Masters if you're already moving forward successfully in your career path. Will a Masters make a real difference?
You ask me, my answer is undoubtably, Yes.
You ask my friend, who is a director of a Global auto division working in the US from Europe and has about 5 years my senior in the work world; Her answer, undoubtably, No.
This friend has a University degree from France which I believe is equivalent to a bachelor's degree in the US. She has achieve a senior level position within her global company without a post-graduate education. And she's only moving up the ladder, quickly.
In her mind, once you get to a certain level in your career, there are no financial benefits to pursuing post graduate education that you could not achieve on your own without that degree. Bottom line, he philosophy is unless you can equate a direct ROI of that potentially $50,000 - 100,000 investment of your post graduate education, what is the point? You would have to really sit down and break down how quickly you project you will realize a return.
Though I don't completely agree with that philosophy, I can respect that very direct point of view.
There are a few questions you should ask yourself before dropping a ton of cash on another degree that you may or may not need.
Here are some of the comments I received on my facebook. Cheers!!