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7 Best Graduate Degrees worth the effort

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Many folks decide to go to graduate school for different reasons, like making more money, getting a better job, or learning more. But here’s the tricky part: for most students, going to graduate school often means taking out a big loan. That’s a big problem, especially if you already owe a lot from your earlier college days.

And guess what? Even after all that hard work in graduate school, it doesn’t always mean you’ll make tons of money. Sure, your chances of landing a well-paying job increase, but it might not be worth it if most of your salary goes into paying off a massive loan. Also, think about whether your chosen field will still be important in the future.

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Let’s look at some areas where getting a graduate degree can really pay off.

Engineering

Engineers are always in demand because we’re always trying to improve our lives. According to data from Payscale, if you’re into engineering, you’re in luck. Different engineering jobs dominate the list of highest-paying jobs, whether you have a bachelor’s, master’s, or doctorate. Having a master’s or doctorate in engineering can boost your value by $10,000 to $20,000. Plus, having a graduate degree makes it more likely for you to lead projects and be in charge.

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The top-paying engineering fields include petroleum, computer, electrical and computer, electrical, chemical, and biomedical engineering.

Business and Marketing

Knowing about business and marketing is good for almost any job. Jobs in strategy, entrepreneurship, marketing management, economics, computer science, and finance can pay really well. Even though you might not earn much right after graduating, as you get more experience, your salary can jump quite a bit.

Sciences

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If you want to be a big shot in scientific research, you’ll probably need a graduate degree. It’s not just any degree – having a doctorate is the best bet. But the good thing is, early in your career, you can make pretty good money compared to other fields, averaging around $80,000 to $90,000.

Fields like computer science, physics, and chemistry do particularly well in the world of science.

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Mathematics: If you’re good at math, getting a higher degree can help you land jobs in science and technology.

Accounting: Getting a graduate degree in accounting can make you stand out in a crowded job market and earn more money.

Nurse Anesthesia: If you’re into nursing, becoming a Nurse Anesthetist can be a smart move. It’s ranked second on the list and offers the highest early-career salary.

Juris Doctorate (+MBA): If you’re really into law, combining it with a business degree (MBA) can open up more opportunities, but it’s a tough journey that needs a lot of commitment.

If your dream field isn’t mentioned here, don’t worry. These are just some of the best options, especially in technology and science. Check out the full list of Graduate Degrees by Salary Potential by Payscale to find what suits you best.

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