To degree or not to degree. That is the question.

Discussion in 'General Distance Learning Discussions' started by Maniac Craniac, Jun 1, 2022.

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  1. Maniac Craniac

    Maniac Craniac Moderator Staff Member

    It's an important general question, but I do have a hypothetical scenario that I'm specifically curious about. What is the value of a degree vs certification, experience and professional development?

    The scenario: you have been offered a job that will allow you to break into a field in which you have interest. The job pays less than your current one and offers no tuition reimbursement. If you stick with your current job, you will be able to use tuition reimbursement to get a degree while making more money in the meantime.

    The field you are interested in doesn't usually require a degree in anything specific, although any degree is very helpful. It's often a challenge to get one's first job in the new field, but with a history of success, you will be in demand and will likely be paid very well for the work in due time. However, there is a trend towards more people obtaining higher degrees specific to the field and it may eventually become the norm.

    There's a slight possibility that "you" are actually "me", and everyone here already knows that "you" are very apprehensive with making degree and career choices. Also, "you" are very sorry for being intentionally vague on what field this thread is about for reasons "you" would rather keep private at this time.

    Any thoughts?
     
  2. AsianStew

    AsianStew Moderator Staff Member

    Oh the horror of deciding! On one hand you get to "work" in the field you're interested in... on the other hand, you currently have a better paying job and tuition reimbursement! It's all about timing! And for now, it's not the time... I would refrain from jumping ship into the next hot industry, just not yet. For most people, I recommend 3 things, 1) Certs, 2) Degree, 3) Experience. I would finish using up the tuition assistance to get the extra cert/degree you're working on. Once done, you may want to "dabble and get your feet wet" with that new industry by seeing if there is a part time gig available, or take courses towards a cert/credential in that new field. You want a mix of all 3 to get the best possible outcome in that new industry.
     
  3. Johann

    Johann Well-Known Member

    I understand the reasons for not revealing the field. But it's hard to give anything but generic advice in this case. Different fields usually have different answers. The entry points and considerations differ from one field to the next. If a person could, as Bryan suggested, get a part-time gig - and I suggest that BEFORE they abandon their present career, they could look around from that vantage-point and see:

    (1) The possibilities - if they keep on going. That'll tell them when it's time to jump ship for good - or never to do that at all.
    (2) What they'll need, in the way of qualifications - and how best to get, then keep and advance at a full-time gig and where they should start, cert. degree etc.
    (3) The cost they're going to run into to accomplish those qualifications.
    (4) And most important - whether or not they like, and feel as good about this line of work as they thought they would?

    Sorry it's rather generic but the best I can do, flying blind. The person will need to know the above things.
     
  4. Rich Douglas

    Rich Douglas Well-Known Member

    Ikigai.

    If you do not set your priorities, they will be set for you.
     
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  5. Jonathan Whatley

    Jonathan Whatley Well-Known Member

    I'd put a lot of weight on the answer to how likely you'd be in the future to get an opportunity to enter this new field comparable to the job offer you have now.
     
    Maniac Craniac likes this.
  6. Maniac Craniac

    Maniac Craniac Moderator Staff Member

    Thank you for your thoughts and ideas. I know I made it hard by being so vague. Mostly, I just find it helpful to see how other people think these kinds of decisions through because they wreck me every single time.

    I'll respond individually to your posts later today. Thanks again.
     
  7. Neuhaus

    Neuhaus Well-Known Member

    I get the need for confidentiality but now you have to suffer through a vague response that is filled with added hedging...

    My personal view is that degrees for vocational purposes should really be limited. Not just as a society should we divorce the notion but we, as individuals, should reconsider it as well. Sometimes that isn't possible. A B.S. in Nursing is tied to the nursing profession. Want to be a nurse? You need a BSN (or you know, the alternatives, but let's not go down the rabbit hole right now). If you have a degree in business then the idea should be "Hey, this person has a bit of a background in business. We run a business. This makes sense." But getting a degree in business does not mean you are now qualified to be "businessperson."

    I, personally, would love to see a world where it was not at all novel for a trucker to have any number of degrees in areas that interest them and where we are comfortable seeing a plumber with a degree in philosophy and not see it as some sort of failure of a "useless" major but rather of well rounded individuals pursuing education for reasons other than a quick and easy transaction whereby degree = loads of cash.

    With that philosophical construct in mind, let's shift back to my work self. Work self sees resumes as a holistic overview of a person. Which is why two dimensional takes that boil down to a list of jobs and degrees are boring and often don't make it to even a phone interview phase.

    Ask yourself, "what does this move tell about the narrative of my career?" Is that the narrative you want? Is that the narrative that you think will help you to achieve your goal?

    Career shifts are scary. What can be scarier than the paycut, though, is what if you get there and the new job/industry is terrible and not at all what you thought it would be?

    I think your hypothetical "friend" might do better to consider the pay cut and the future pay potential more than tuition reimbursement UNLESS you will absolutely and 100% need a degree to embark on this path. So if, for example, you're getting a job as an unlicensed counselor working for a mental health counselor and will really need to get an MSW or an MS in MFT to get where you want to go, that could be a major tuition hit. If we're talking more like an IT situation whereby you can get along with a degree in Music Composition as long as you have the experience (and maybe some certs depending on your field) then I say worry not about tuition reimbursement at all.

    If you can:

    1. afford the pay cut
    2. confidently say this is a step in the right direction for your career
    3. Map out credentials that make that resume show you are the well rounded professional I am sure you are

    Then go for it.

    Tuition reimbursement is very rarely as clean cut as people make it out to be. I have a five year period of indentured servitude tied to my MBA. Other organizations have similar rules. And tax implications above certain very low thresholds can make you come out of pocket even for the most generous of programs (my colleagues at Cornell, which has an employee degree program, have all said you generally cant get a "free" Masters without coming out of pocket at least $30k unless you progress so slowly you're unlikely to ever be able to use the thing professionally). So don't hang your hat on that benefit. Degrees, such as they are, are a means to an end and not an end themselves. What matters more is your career and satisfaction thereof.
     
  8. Dustin

    Dustin Well-Known Member

    Scenario A: Work at the same job you have now, NOT in your field of interest. Be paid a higher salary. Work towards a degree you don't need to get a job in the field, with tuition reimbursement.
    Scenario B: Get a job in your field of interest, that is hard to break into. Be paid a lower salary. May or may not work towards a degree.

    Experience trumps education in all but licensed professions (noted above.) Assuming this is not a licensed profession, it would make sense to take the new job. The difference between two candidates with 3 years experience where one has a degree and one doesn't, will often come down to the degree.

    The difference between the candidate with no degree and 3 years experience, and one with a degree and 0 years experience, almost always goes to the experienced candidate. Paying for a degree through loans or slowly self-funding is not off the table if you're in the new job learning your new profession, and it would be relevant to your career progression. Staying at an unrelated job while you work on the degree might mean that when you finish it and go to look, the opportunities you wanted aren't there anymore.
     
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  9. Acolyte

    Acolyte Active Member

    My thought is that it depends on whether the opportunity to move into the other career field will still be there in the future, or if this is a "once in a lifetime" opportunity. If these opportunities come along every once in awhile, or if having more education would make it easier / better for you to make that move in the future - then I say stay where you are, accumulate the money and get the free/discounted college education. It will never "hurt" you to have a degree, an additional degree, or a certificate - at least not in my experience. If this is a once in a lifetime opportunity, and it's what you really want, I'd grab for it - but know the risks and what you are giving up and try not to dwell on it with regret if it doesn't work out. In my experience as well....experience was not always rewarded - people with degrees were always hired in ahead of me, regardless of how much experience I had with a job. Corporate culture may have evolved over the years, but it made my 20's and early 30's very tough. I felt like I was working but not getting anywhere. That's why I went to college and got it out of the way. I graduated at 35. It's never been an issue since. :) I will almost always err on the side of "make more money and get free college." Free college is IN ITSELF a "once in a lifetime opportunity" so choose wisely, my friend.
     
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  10. freeloader

    freeloader Member

    I think there have been some really excellent posts, particularly by Neuhaus. My one (minor) addition would be to consider growth and promotion in your “friend’s” potential new job/field.

    I worked for many years in museums and historic sites and there was a work culture where people who hired in at lower levels (tour guide, docent, interpreter, etc) would not be promoted to more skilled, higher paying, “back of the house” jobs (curator, collections manager, education director, etc). I worked with many people who had relevant masters degrees (history, museum studies, art history, etc) and experience in the higher status job categories who were stuck in entry-level positions simply because of the position into which they were hired.

    If the organization/industry your “friend” could join does a good job of growing and promoting people internally, I, personally, would make the jump to the new job. If growth/promotion internally is more limited, I think I would be inclined to stay where I was, make more money, get a relevant degree, and hopefully shift industries into a higher-paying/higher-status job.
     
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  11. Neuhaus

    Neuhaus Well-Known Member

    This is solid advice as well.

    I had a colleague who worked as an HRIS Analyst. He was frustrated. He hit a ceiling. Then he bounced to work a lower paying job at another organization doing healthcare analytics. The thing is that within 18 months he was back up to his HRIS level salary and by the 5 year mark he was a director making significantly more. He never would have promoted out of his prior role if he had stayed.
     
  12. Lerner

    Lerner Well-Known Member

    I think a winning combo is a Degree + Certs
    It can be certs first degree later or together while earning degree achieve a few certs or degree first followed by certs what ever works or situation of the individual.
     
    Dustin likes this.
  13. AsianStew

    AsianStew Moderator Staff Member

    Ding ding! I agree with this, I mentioned the same thing "plus" experience... this is exactly how I feel with practically any career or industry you want to get into, you want to have a mix/match of these three to display your skill set and have a strong application for any position in the future.
     
  14. nyvrem

    nyvrem Active Member

    If your new job field has such a low barrier of entry, what happens if you get 'replaced' in the future? eg, the field gets saturated. what's the fall back option?
     
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  15. AsianStew

    AsianStew Moderator Staff Member

    True, I suggest using up the tuition assistance/reimbursement at the current company. Just dip your toes into the "second field" as a part-timer to see how you like it. Don't jump ship yet! That was what I meant in my previous posts. Get some credentials, such as a cert, degree, or even experience in that field before you decide "it's the right one for me". Don't look for the "right job for now" look for the "right one for a few years"...
     
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  16. Maniac Craniac

    Maniac Craniac Moderator Staff Member

    Many thanks to you all for your responses and great advice. I won't be able to answer everyone individually at the moment, but here's some general responses to things you've said.

    - This job probably isn't a once-in-a-lifetime gig, so I've decided not to treat it as such.

    - Tuition reimbursement is great, but to get the full benefit, I'd have to slow my progress to the point where I'd actually lose out on money if I needed it for an opportunity that came up sooner.

    - My up and coming MBA is probably more valuable than I'm giving it credit for.

    - I'm at multiple crossroads and it's probably not a good idea to make a significant change until I have a better idea of what I want.

    - I was able to find 5 free self-paced courses in the field of interest and 8 free live workshops (Wow!) coming up in the next month. That and a library book or two should help me start to see if it's really for me. If so, I can try to break in by doing some freelance projects.

    So, no decisions yet, but a clearer picture of what's in front of me :)
     

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