The Pros and Cons of Earning a Master’s Degree

It’s not just you. If it seems like more and more of your peers are applying and attending grad school or already hold a Master’s degree, you’re not imagining it. In fact, the National Center for Education Statistics (NCES) reports that the number of Master’s degrees conferred in the US grew 70 percent between 2000 and 2017.1 The NCES projects enrollment in both Master’s and Doctorate programs to increase by 3 percent by 2028.2

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