Many people found 2020 and 2021 challenging years Reasons to Pursue a Master’s. It can be hard to navigate times of uncertainty, especially for people who are just starting out in the workforce or suddenly find themselves out of work.
Many college graduates are facing derailment in their career plans as they try to figure out what options are available. Many people feel that they cannot wait for the economy to improve because jobs are harder to find during economic downturns. These waiting periods are a great time to invest in your future and yourself by getting a graduate degree.
Choose a Graduate School Program this Year
This is a great strategic move that will make your position in the workplace more attractive. You can invest in yourself, by enhancing your skills and acquiring new ones, to help you launch into a rewarding career when the economy is recovering.
Let’s look at five top reasons why you should get your graduate degree right away:
1. Precarious job market.
The workforce landscape has seen a dramatic shift this year, with many layoffs and furloughs. Experts believe it will take several years before the labor market returns to pre-crisis levels, despite continuing reports of high unemployment.
Many companies have put a halt to hiring so it is possible that you don’t get a job. A graduate program will help you gain relevant experience and give you a competitive advantage when the job market opens again.
2. Keep your eyes on your personal growth.
Now is the best time to pursue your passion, develop important job-related skills, and build relationships which can be a lifetime network. Graduate programs will give you the opportunity to sharpen your skills and learn more about the area you are passionate about. Graduate degree programs are typically smaller than undergraduate degrees and can help you build close relationships with other students and faculty that will prove to be valuable connections in your career.
Now is the right time to invest in yourself and your professional growth. The benefits of additional education can be more important than the potential job opportunities in today’s climate.
3. After graduation, increase your earning potential.
It is a good investment to go to graduate school, but it can be very rewarding. In 2018, master’s degree holders made $74,568 per year, and those who have a professional degree earned $97.968, while those with a Bachelor’s earned $62,296. Additionally, a master’s degree increases your chances of being promoted to a managerial position by 64 percent to 85 percent.
A graduate degree will not only increase your earning potential but it will also give you more job security and upward mobility. You should be ready and able to quickly move up in your career, despite periods of uncertainty or recession.
4. The demand for highly skilled workers is growing rapidly.
According to The Economist four-fifths (48%) of CEOs are concerned about skills shortages. This motivates them to hire only the best-qualified candidates. Employers will be more selective in their hiring and only hire highly-skilled candidates. Some estimates have shown that 27 percent of employers require master’s degrees to fill roles where undergraduate degrees were sufficient. This number is likely to rise in the future.
Employers are keen to take advantage of the expanding candidate pool. You can give yourself an edge over the rest by obtaining an advanced degree.
5. Many programs offer greater flexibility.
Many colleges and universities are adapting to changing times, but is offering increasing numbers of flexible and remote learning programs that provide students with safe and convenient access to degree programs.
Current and future students demand greater flexibility in graduate programs. The COVID-19 crisis has brought about many new challenges in the world. Institutions will continue to offer flexible and remote learning options that can be used by learners of all backgrounds and ensure their safety and success.
Kent State offers In-State Tuition (Even if you are out-of-state)
Graduate school is a significant investment. But it doesn’t need to drain your bank account. Residents who have earned a bachelor’s degree outside of Ohio may now be able to save tuition on graduate programs at Kent State University through a new instate tuition option.
Are you thinking about a graduate degree? Kent State is committed to providing in-state tuition prices to students from out of state.
Graduate students who have earned their bachelor’s degrees in Ohio are eligible for in-state tuition rates under this program. This dramatically reduces tuition costs and cuts the rate for full-time eligible graduate students by almost half. Graduate school is now an affordable option in today’s uncertain economic climate.
Preparing for Grad School at Kent State University:
Kent State University has a range of graduate degrees that can be used to fulfill your needs, whether you’re still in your undergraduate degree program or have been out of school for some time.
Kent State offers 24 master’s degrees across 112 majors, and 5 doctoral degrees across 48 majors. This prepares students to succeed in academic, research, and professional fields. Our graduate programs are known for their excellence and strategic vision to transform the future Read more
