Getting a bachelor’s degree is a great step forward in your education. It is also a good financial move.
According to the Bureau of Labor Statistics (BLS), workers with a bachelor’s degree earn a median salary of $1,173 per week. Compare that to $712 per week for workers with a high school diploma.
But even higher earnings are available for workers with a master’s degree. The question for you is, does it pay to continue your education?
The same BLS study notes that workers with a master’s degree earn a median salary of $1,401 per week. Workers with a professional degree earn even more at $1,836 per week. So, yes, it could be worth it to continue your education!
Employers in many different fields will tell you that the more education you have, the more likely you are to move up the pay scale. In fact, some mid-level jobs require a master’s degree. A lot of high-level positions, like senior management, often require a master’s degree as well. In some professions, like counseling, a master’s degree is required for licensure.
If you’re ready to raise your income ceiling and continue your education, consult the list below. We’ve compiled 50 of the highest paying master’s degrees you can get.
Each degree lists the median salary. This information is obtained from the BLS and other sources, like Salary.com.
Remember, the salary you earn can vary from these numbers. This is especially true when you consider other elements of the compensation package, like health insurance and retirement benefits. Consider this list a good starting point. But do additional research as well to find the best master’s degree for you.