From Yahoo: My Master's Degree Wasn't Worth It

<p>Name: Aaron Fraser, 42
Place: Virgin Islands</p>

<p>I once looked at the MBA as the cr</p>

<p>Everyone should read that article. </p>

<p>Guy #1) MBA in Media Management from a city college, master’s in organizational leadership from a not top-30 schools. Both wastes of money, simple as that. This guy should have done everything possible to get an amazing GMAT score and get an MBA from a top-30 program. Anything else would be a quite risky investment. </p>

<p>Woman #2) I feel bad for her that she couldn’t find another teaching job after getting laid off from that. Even with her existing degrees, if she thinks that she wants to stay in the business world long-term, it would probably be beneficial for her to get an MBA from an elite school.</p>

<p>Guy #3) “Master’s in Human Resources”? For a guy with no work experience? … Let’s just be honest, this guy didn’t make a ton of wise choices in life. A psychology degree is not a particularly wise career choice. However, even with a psych degree, he probably could’ve gotten a job at one of the car-rental agencies (they’ll hire people from many different degrees), or at least taught English abroad or something and gained actual, professional, full-time post-college work experience. … Also, I think that, in general, “specialized master’s” are generally an awful idea. Things like “Sports MBA, Master’s in HR”, etc. Those are basically colleges clever marketing attempts to get students to pay $100k for a mere chance at getting their dream job. Again, if you want to get ahead in the business world, get an MBA from the best school possible. As simple as that. … What annoys me is that he says that he has a “fancy master’s”. No. False. An MBA from a top20 program is a ‘fancy master’s’ for someone wanting to make it in the corporate world. Anything else is just sorta … meh.</p>

<p>Guy #4) Now starting a master’s in HR. Why didn’t he ever finish getting his license? … Plus, I know from seeing a close personal friend trying to make it as a professional therapist, it can be very hard to get a consistently large enough client base to generate a full-time income when you’re in private practice. “Therapist” is a job like advertising, Hollywood makeup artist, PR, TV personality, etc., where lots of people want that job, so supply outpaces demand big-time, and wages are consequently low, except for the superstars.</p>

<p>Lady #5) Absolutely same thing. Someone wanting to work as a counselor, only to discover that there aren’t many jobs available. I feel bad that she was uninformed. Reminds me of all the people going to law school and then being unemployed or having low salaries after it. But she asked a question with a pretty obvious answer: </p>

<p>“Why do graduate schools keep churning out counselors when there are so few jobs or opportunities for certification?” … </p>

<p>Like most every other business or person, colleges care about their own self-interest. In this case, their self-interest is having as much revenue as possible, so that they can all keep their jobs with as high of salaries as possible. Some PhD programs are starting to admit fewer students out of ethical concerns about the weak PhD job market, but there will always be programs for people desperate to get a job that they love. … But anyways, back to this lady. I know that it’s frustrating that she can’t find a job in the field. But I highly doubt that she did the deep digging pre-master’s to see what the actual demand was for counselors in her geographic region. She probably just assumed that her degree would be enough to get her a job that she wanted (generally a terrible idea). </p>

<p>Guy #6) With his bachelor’s in chem and microbio, he should be able to get a teacher’s cert and at least have a comfortable middle class life as a h.s. teacher. The article doesn’t make it clear what type of job that he wants. But if you look at ‘salaries by major’ spreadsheets, people with degrees in the pure sciences actually receive pretty low salaries. There’s good demand for chemical engineers, etc., but not a great demand for a basic chem major. </p>

<p>**</p>

<p>The lesson is simple: If you want a good job following a bachelor’s or master’s, 1) make sure that there is high demand in your field for your degree AND 2) get a degree from the best university possible.</p>

<p>“from Metropolitan College of New York”</p>

<p>I stopped reading right there.</p>

<p>bumping. everyone should read this article before (and my brilliant comments) before considering any degree program</p>

<p>Reading this reinforces my decision not to take the blended BS + MS program at school. Now I don’t feel have as bad since almost have my graduating class graduated with a BS and MS at the same time. lol</p>

<p>this is not ok :(</p>