Many reports have indicated that having a bachelor’s, master’s, or other advanced degree can boost earning potential. But is the cost of getting those degrees worth the effort — and dollars spent — to earn it?
AOL Jobs reports that despite the high cost of higher education, advocates contend that a college degree is indeed worth the investment, “resulting in total lifetime earnings that are about $1 million more than for those with a high-school diploma.” And with employers expecting workers to exercise more skills and take on the work load of other departments that may have been downsized due to the economic climate, having advanced training has become a necessity in today’s global climate.
Check out a breakdown of investment vs. return when it comes to higher education at AOL Jobs …