Many employers are raising their educational requirements for positions partially because they want more educated employees and partially just because they can. In a tough job market employers can afford to be more selective. You will need to take time to get a degree even if you can fit it into your schedule around your current job. You will have to pay for it too which, even with grants and scholarships, could put a strain on your finances. For all this trouble, is a masters degree worth it?
The Highest Paying Masters
The masters that pay the most lie in the career fields that already pay the most. This means that you will get the most money out of masters in fields such as healthcare, IT, engineering, and business. Most of the masters degrees that you can obtain in these fields pay in the $80,000 to $90,000 a year range although some reach $100,000 or even $145,000 a year for a chosen few (BLS.gov).