Is going to grad school the best way to raise my pay bracket? - Comparably | Comparably

Is going to grad school the best way to raise my pay bracket?

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16 Answers

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    Not necessarily but is a good bet.

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    yes and apply those new principles

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    Depending on the career path you are on, there may be some better/comparable ways outside of grad school but in many situations grad school is probably your best bet.

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    Never. It's always a good idea, but not necessarily a condition too. Sales positions are the ones that get the most opportunities, yet still, they do not rely on their studies to have their great performance.

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    It depends on your field of employment. Ask questions, do research, and go from there. More education, if money & time permits, is always a beneficial thing to you.

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    No it is not - better negotiation skills, job experience, soft skills, and hard skills are.

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    Not if you work for UPMC. They will do everything they can to pay you the lowest wages possible.

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    Unless you’re in a heavily unionized field, going to grad school for X years is unlikely to improve your pay more than working for X years. (And in the meantime, the grad student is paying for school while the worker is getting paid.)

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    No. Invest in certifications instead.

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    It is one way to raise it, but the degree isn't what gets the raise. The degree represents an increase in knowledge and experience, and that is what the company will pay more for. There are other ways to gain knowledge and experience that is valuable to the company. In many industries, however, a graduate degree is the most straightforward recognized path to do that.

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    No - I strongly believe in practice makes perfect - therefor it's not the knowledge or qualification you have - but the experience.

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    That depends on your industry. Some fields have certifications that carry more weight.

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    It depends on the job you are in. Also in the area where you live. You may have to be willing to relocate.

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    It depends on your profession. My fiancé has a Masters in Communication and makes $85,000 annually. I have a bachelors of science in business administration and make $130,000 annually for my base salary. Based on my career, I can make up to about $180,000. Percent

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    Experience and the right field will help more.

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    Probably not...unless you work for someone that values a piece of paper on the wall versus actual results that grow the bottom line