Discussion in 'General Distance Learning Discussions' started by sanantone, Aug 1, 2021.
Interesting that the MTax grad seems to make so much more than the MAcc grad while having slightly less student debt. If the 15th best income on the list is $52,279, that makes me concerned at the amount of people in programs that won't have a strong ROI. I mean if you pay $13K for your Masters at APUS it probably won't make much of a difference if your salary only changes a little or not at all, but of course we see lots of people shelling out $20, 30, 40, or even 60K for Masters programs that won't significantly boost their salary.
It is interesting that those with a master's in taxation are earning significantly more than those with a master's in accounting. I know they filtered out first professional degrees, but I wonder if they were able to accurately separate MST programs from LLM in Taxation programs.
One of my sons is a relatively new certified teacher.
When he was earning his teaching credential he had a choice to add 3 additional classes and earn a Masters (MEd) degree in Social Emotional Learning.
The cost for additional 3 classes was approx $ 5,000.
When he was hired for the teacher position the pay rate for Masters degree was higher by approx 1,800 a year.
His ROI is that in 3 years of employment he will cover his MEd degree and everything after that is a little bit extra money in his pocket, with teachers salary he will need every extra $ he can earn.
The one with the best ROI? The one that's right for you and your career arc.
Essentially every non-educational employer I’ve had, would pay provide tuition reimbursement or directly pay for graduate school. With some of the very expensive executive MBA programs, entire cohorts exist without anyone paying out of pocket or using student loans. If someone’s goal is simply to earn more with a graduate degree, there’s a lot of ways to have an employer pay for it. May require a change of employment though, particularly towards a large private sector employer.
The article looks depressing, I am pursuing an MBA because I want to make at least $250,000.00 per year, but the average is only
Average salary within two years of leaving school: $69,384 – $77,164
That is only 50% what I am making now.
Possibly things are actually a little better:
The link is below:
The averages don't tell the complete story.
Experienced professionals who graduate from good well respected MBA programs may do better then inexperienced new grads and the MBA school / program makes a difference.
Among the 132 ranked full-time MBA programs that reported salary data to U.S. News in an annual survey, the overall average base salary plus bonus paid to 2020 graduates was $101,034.
At the 10 MBA programs where grads received the highest compensation, which are all among the top 15 highest-ranked programs in the 2022 U.S. News Best Business Schools rankings, the overall average base salary and signing bonus was $172,265.
Meanwhile, at the 10 MBA programs where compensation
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