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Padgett, I'd argue that nowadays anyone can get a Master's. And if two companies are thinking of hiring someone, a Master's from a so-so university may be less appealing than hiring someone who graduated undergrad from a more prestigious university that could also be paid less than the person with the Master's. In fact unless you attend Kellog or a school at this level, an MBA is completely worthless. As an educator, if I want to be a principal I would have to get my Masters. So ironically, despite all my ranting it is likely I will one day have one myself.
Just an update. I began pursuing my master's degree last September and am now in my third class. What a difference this is making in my work and personal life. This was the best decision I made in a long time, and well worth the time and money! I've also already got a company considering me for a job with them, and willing to pay me higher due to my experience and I believe because I'm working toward my masters. wooohooooo!
I got my MA because I still had GI Bill money left after I got my BA and staying in school was more fun than having to go get a job.
It was a good choice because I learned so much in graduate school that I was able to avoid gainful employment for many years.
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