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293: Why 40% of Master's Degrees Aren’t Worth It (and Which Are) w/Preston Cooper

293: Why 40% of Master's Degrees Aren’t Worth It (and Which Are) w/Preston Cooper

FromBiggerPockets Money Podcast


293: Why 40% of Master's Degrees Aren’t Worth It (and Which Are) w/Preston Cooper

FromBiggerPockets Money Podcast

ratings:
Length:
79 minutes
Released:
Apr 18, 2022
Format:
Podcast episode

Description

A master’s degree shows quite simply that you’re a master (at least to some extent) in a certain subject. For decades, getting a master’s degree has been seen as a financially savvy move to open you up to higher pay, better job opportunities, and golden networking connections. But times have changed, and as more students see college as an inferior option to working, it begs the question: is a graduate degree worth the price?You can’t know the answer unless you compile tens of thousands of pieces of data. Thankfully, we didn’t have to do that, we just invited Preston Cooper on the show to explain the research he and his team at FREOPP did. You may recognize Preston from his previous episode on the BiggerPockets Money Podcast where he mapped out which undergraduate degrees were worth it. Now, he’s back to show which master’s degrees have the highest (and lowest) ROI.You’ll hear Preston answer questions like when is the right time to go back to school, which master’s degrees are fatal for financial freedom, and how students should go about choosing a degree or a combination of degrees. So, whether you’re pondering going back to school to get a degree in underwater basket weaving, horse training, or law, Preston has the data to help you make that decision! In This Episode We CoverWhy different schools can have dramatically different degree ROIsThe best (and worst) master’s degrees to pursue How degree combinations can help you make more money in a related career When is the right time to pursue a graduate degree (after college or after working)?The common misconception about MBAs and why most graduate business degrees aren’t worth the costThe future cost of college tuition as admission rates drop and inflation continues to rise And So Much More!Links from the ShowBiggerPockets Money Facebook GroupBiggerPockets ForumsFinance Review Guest OnboardingScott's InstagramMindy's TwitterApply to Be a Guest on The Money ShowPodcast Talent Search!Subscribe to The “On The Market” YouTube ChannelListen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPockets Hear Our Previous Interview with Preston on Episode 251Check Out Preston’s Grad Degree and Bachelor Degree Study:More FREOPP Higher Education Resources FREOPPIs A Master’s Degree Worth The Pay Raise?Connect with Dave on BiggerPocketsCheck the full show notes here: https://www.biggerpockets.com/blog/money-293See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Apr 18, 2022
Format:
Podcast episode

Titles in the series (100)

For those who have money… or want more of it! Join Mindy Jensen and Scott Trench (from BiggerPockets.com) weekly for the BiggerPockets Money Podcast. Each week, financial experts Mindy and Scott interview unique and powerful thought leaders about how to earn more, keep more, spend smarter, and grow wealth.