Here's an indirect link to a LA Times article suggesting that those earning master's degrees are victims. Similar to the fact that a dollar will not buy what it used to buy, a bachelor's will not get you where it used to get you. Therefore, you need an expensive master's to get the same job as someone with a bachelor's would have in the past. Therefore the schools and the employers are benefiting but the master's holder is actually not, thus the master's holder is the victim. Comments? http://news.yahoo.com/blogs/lookout/master-degree-bachelor-140616688.html
It seems like this is the trend. I have had a couple of companies that required a Bachelor degree for a job when the position clearly didn't. The employer wanted someone with a BA degree but absolutely did not have a position where anyone with a degree would be challenged. Most with average intelligence and a good work ethic can do a lot of the jobs out there that ask for a BA degree. I can see how employers may want to limit the applicant pool even further by requesting a graduate degree.
So, when I'm done with my Bachelor's degree, I still won't have a Bachelor's degree? opworm: Somewhat misleading. How many people with Master's degrees are those who are already employed, thereby making it easier for them to afford one? If the answer is as many as I imagine, then the statistics above don't say that people with degrees are more likely to be employed, rather that people who are employed are most likely to get degrees.
I actually have been telling my husband this very thing! I think a Masters degree is quickly becoming the new Bachelors and in the recent future I see them being required more and more for jobs that previously only required a Bachelors or less. I don't think though that you need an expensive Masters just a Masters in general. My Masters is going to cost me less than 9k total including books
Valid argument. Employers get a better product (people) at the same price (BA, pre-BA) while the employee commonly foots the bill for the education. They have completed the work for the better pay and are earning a job that their parents did with a high school education......
I'm working on a masters and second bachelors and am loving every minute of it. I will not benefit monetarily from the degree at all. In the private sector, you are paid for what you can do and thats about it. The degree is a very minor part of the overall picture. I have interviewed many many applicants for mid-level and junior-level positions with masters degrees who couldn't hold a candle to others with bachelors degrees or even no degree. So don't get the masters degree for the employer, get it for you. If it helps open up doors then consider that a bonus. If you can have your employer pay for it, so much the better. But don't ever expect a hard ROI on a degree.