When the Great Recession began in 2007, employers started downsizing drastically, and the workforce became flooded with professionals looking for new positions and new careers. The competition was cutthroat, and a bachelor's degree no longer held the same weight that it once did. Thankfully, an improved economy came with a more promising job market, but those who had already heard the common sentiment that "a master's is the new bachelor's" began to wonder, "Do I really need a master's to get ahead?" The answer isn't straightforward, but, as a rule, it's safe to say that furthering your education is certainly helpful in climbing the professional ladder.
Why Should I Consider a Master's Degree?
One of the primary reasons to seek a master's degree is to increase your knowledge in your field. It's also a logical choice for those wishing to increase their odds of a promotion or other opportunity but who don't have extensive experience in their new role. Others pursue master's degrees to give themselves an edge in highly competitive job markets.