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Is Your Master's Degree Useless?

While master's degrees are increasingly popular -- with 40% of U.S. bachelor's degree holders now having postgraduate credentials -- new research reveals many don't deliver improved earnings despite soaring costs. Analysis from the U.S. and UK indicates that about 40% of U.S. master's programs fa...

This is particularly significant because U.S. students now average $50,000 in postgraduate debt, triple the real cost since 2000, while UK fees have risen 70% since 2011 to $12,000 annually. Returns vary dramatically by field: computer science and engineering show strong gains, while humanities degrees often lead to reduced earnings compared to bachelor's-only peers. Choice of institution impacts outcomes, though data shows no strong correlation between program cost and graduate earnings.

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