Ask Liz Weston » New York Times http://asklizweston.com Personal Finance Columnist Wed, 08 Feb 2012 20:27:08 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Room for debate: Is graduate school worth the cost? http://asklizweston.com/2009/07/01/room-for-debate-is-graduate-school-worth-the-cost/ http://asklizweston.com/2009/07/01/room-for-debate-is-graduate-school-worth-the-cost/#comments Wed, 01 Jul 2009 13:00:47 +0000 lizweston http://asklizweston.com/?p=1176 3291964121_310d92bed9How do you know if a graduate degree is worth the cost? I’m one of four experts who take a shot at answering this question at the New York Times’ Room for Debate blog.

My take:

In some fields, such as business or engineering, a graduate degree typically boosted income by more than enough to justify the cost. In others — the liberal arts and social sciences, in particular — master’s degrees didn’t appear to produce much if any earnings advantage.

If you have to borrow to pay for extra schooling–as the majority of graduate students do–you should research your likely earnings your first year out of school and use that as your guide for how much to borrow.

For more, read:

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