People that this video does NOT apply to: - People who can get scholarship / it is very cheap to get a degree (and you expect significant increase in your salary) - People who don't really have other alternatives (i.e you live in a country with high unemployment) - People in developing countries (you can immigrate / travel easier with a masters) - People in fields where masters is expected / required. This is not just in academic fields, but also for working in R&D where a Ph.D is even expected. For many people from countries from MENA, Asia, and Africa, getting a masters or even Ph.D is a great way to move to another country and have a proper salary to begin with. However, I don't think that people from these countries would need a Masters necesserly if things were good in their countries.
Do not get a masters degree in order to find a job. Do it when you have one, cause you want to. Job market right now doesn't care, but also, its about first come-first serve. Whomever finds the job first (and its chosen from a potential list od hundreds to thousands) gets it. So don't even bother.
- Tells you not to get a Master degree - Also tells you to be more specialized So, it is not a problem in a Master degree, the problem is that the employer doesn't value young and highly educated people.
she stated very clear that HR favor experience over conventional education. so her point is, instead of paying to be underemployed, you can learn so much more outside the classroom.
@lkwreuoc357-ef4ro you need the degree to get the interning experiences, after you do your fellowship than you have your experience. Lol, I don't know why people are trying to speedrun life and speedrun getting jobs and careers. The point of a career is how much effort, time and patience you've put into crafting your art, your skills ect. You can't get a degree and expect to become a lawyer after graduation. You need to intern with someone.
If your masters program includes a graduate assistant stipend you have found a job. The pay is low and the hours will be long, but it's better than being unemployed. In 1990 I was working on my PhD in physics, and the job market for PhD physicists collapsed when the cold war ended. There were hundreds of applicants for any postdoc position, and nothing in the private sector. In fact if you had a PhD in physics you were unemployable in the private sector and had to lie about not having a PhD in order to be considered at all. With no job prospects I procrastinated for a few more years because I still had my graduate research assistant stipend. I was able to move into software development because I had done so much programming for my graduate research. The mid 1990s were the best of times in software with the arrival of the internet, and the worst of times for PhD physicists. Take a graduate assistant position if you can get one.
That job (graduate assistant) doesn't exist anymore. Now we have postdocs, where you work for the university teaching 101 courses, you're expected to do research and you're paying part time for your trouble. Would not recommend. You're better off working at a call center or sales instead, those actually get you benefits like health insurance.
@@zelim9514 Academia has always exploited graduate students, postdocs, and adjunct professors. Tenured professors can have a good career. The operative word is "can", not all do. The real winners in academia are administrators, like Vice Presidents of DEI.
I wish more people without degrees would tell their story of the hurdles they faced not having a degree. You can get by without me but if you see both paths the choice is clear.
All you have to do is get into a trade or actually care about your future and spend some of your free time learning online on Skillshare, TH-cam or any of the other many sites that have courses, then find an internship, something you will have to do anyways because all "entry level" jobs care more about experience than anything else. So what is the difference? You study and then you need to get experience. Except if you don't go to college then you pay way less money and have to keep YOURSELF accountable. The stories of struggling because of not having a degree are from a different generation. That's the whole fucking problem. You need to stop applying boomer and Gen X logic to millennial and Gen Z. THESE ARE DIFFERENT TIMES. Things f*cking changed and we suffered because we didn't get advice that is keeping up with the times. Wake up already and look at the PRESENT situation when talking about people's FUTURE, because the PAST is not coming back.
It doesn't matter what thebrantbis all about, the choice is clear when one is practically in the job market, they will hire one with skills, experience, critical thinking and a degree before touching someone who doesn't have one but learnt online. When the reality of life hits, some of us Millennials and Gen Zs will open their minds@zelim9514
I am pursuing a degree now after 7-8 years of working after high school and one of (not the only reason of course, there were several) the driving factors was how looked down on you can be in companies or indeed how many doors are automatically closed. I’ve seen countless people get roles in completely unrelated roles to their degree subject, but by nature of having one, it put them in to consideration of the job. I’m not saying you can’t find a job without a degree. I had a stable, interesting one without a degree myself, but you will see how much of a lack of progression there is or how much longer it will take to progress.
Me personally, i grew up poor, and when I graduated high school (14 years ago) with no college, I was stuck working retail for 12 years until recently. Nowadays, i know better & i realize the skills i couldve had that couldve helped me progress (even without college)---but back then, i was lost & depressed because i didnt know what to do, and that's what really kept me stuck. I didn't realize my potential until it was [kinda] too late. If I could do it all over, I **definitely** would've asked my mother to transfer me to a safer middle school, and would've had her hook me up with **much** better counselors earlier; I also would've stayed with sports & would've worked way harder so I could've gotten a full-ride at an Ivy (or a "Public ivy" like UMich). I had the potential, but I just didn't know what to do with it back then, and school didn't really inspire me.
Thank you for saying this!!! I graduated in May with a bachelors degree in Computer Science, only 10% of us actually found a job. And none of the 40 people who got a Masters in Computer science found a job… When I found that out it killed my mood. We busted our ass for 4 years yet most of my friends were not able to find a job.
@@vaibhava4775 What about Industrial Automation Systems and even broader PLC programming? I would think there are plenty of those type of jobs out there as the specialized industrial workforce retires or is about to retire. I would think that would be up an EE's alley.
Or maybe the pay they were looking for wasn't available. The harsh reality is: experience matters more than a degree, so in order to increase your chances of finding a job after getting out of college or university, you have to be working in a career-related job while you're studying said career.
Agree. I'm currently processing my Master's enrollment and I'm in it for my professional growth. Though it won't get me any economical edge, but what gives? It's my time and money.
Do not get any kind of higher education if your only goal is finding a job. Do it because you are passionate about learning, being surrounded by that topic you love and people who loves it as much as you do.
Only the rich & privileged can afford to study whatever they want, most people who go to college attend with hopes of landing a good job that pays well.
Too late. I sacrificed 4 years chasing and thought this degree will help finding a job but nope. Ended up as sales associate in a retail store. I had enough working with dumb people so I went to community college for 1 year certificate course and now I have a job that I can be proud of.
I got a masters and got a job out of it. In Europe because everyone and their dog has a degree because it’s free or heavily subsidized, so a master has become something ro differentiate yourself from the competition. Also mine was 1 year and not as expensive as in the US
A masters isn't for everyone, true, but the same can be said of bachelors and doctorates. It depends what you're trying to achieve. In industries that either have professionalized and require registraion, or will in future - software engineering being one such example - the top-tier jobs are going to filled by those with the education AND experience. Masters are long-term investments. That said, the cost figures for US study are pretty insane. I'm in western Europe and hold two postgrad masters on top of my bachelors, which I earned part-time whilst employed full-time. I'm planning a third next year. Intense study is my favourite pasttime and I wouldn't take a masters just to earn more. I'd be doing just fine with just the bachelors I'm sure, but my horizons now are far broader than they would have been and I'm in the top few percent of earners (more than most MDs and MPs) and work from home. Thinking about my journey so far I've no doubt the additional education has helped give me the edge.
As someone with two master's degrees, it does really suck to be both overqualified and underqualified for every single position. You would think employers would realize that should balance out, but they only read it as two reasons not to interview me, no less hire me. 🙃
I got a job in tech as a self taught developer. I'm currently enrolled in a Master's program because I enjoy learning, especially computer science. I wouldn't give an opinion if someone should or shouldn't go for it because it's such a personal decision for me. I'm in Europe though and my bill is way-way less... Crazy prices. So it's worth it to me.
@@jee6213 started in full stack web development on in internal data warehouse application with Django and React. I recently switched to an engineering role building a cyber security / data loss prevention product in C++.
IMO, considering a master’s degree after establishing your career. Here's why: - A) You might change your major once you have more clarity about your professional interests. - B) You may find that a master’s degree isn’t necessary for success in your field. - C) Specialized certifications could be more valuable for niche opportunities. - D) You'll have time to pay down undergraduate loans before taking on more debt. - E) After a break, you'll value education more and have a clear understanding of what you need to excel in your career.
Agree with this. One of the most valuable advice I got from a former boss at an internship I had as an undergrad was to not pursue a master's until you reach a point in your career where you can't really progress without one. Don't get a master's just to get a master's.
I study electrical engineering MS now just because my professor in undergrad recommends me to study a MS. Our school have collaboration with several big companies. As I’m researching/specializing DSP digital signal processing integrating with computer science. For me, it’s worth it for me imo. My school covers 80% the tuition for me and I get 2200$ a month from school though I have a 60k debt in undergrad. For EE, a BS is not enough imo, it’s a super broad discipline; therefore, I recommend to study more.
I always appreciate your videos because they offer solid and practical advice for young people! While this may be beyond the scope of your current video, the primary reason for the recent layoffs is the high cost of energy. Employers cannot afford these skyrocketing prices, which forces them to cut back on hiring and even let go of current employees. I am in this problematic situation myself, having to let go of talented young professionals because our clients are unwilling to cover the energy costs associated with the models we build, primarily due to data center electrical bills. One piece of advice I would like to offer to anyone who will listen is that we need individuals in office who understand our energy requirements and can develop practical solutions. Reducing energy costs is crucial; otherwise, we risk becoming an unemployed and unproductive nation. So, this election year, pick the person or party with the best approach to reducing the cost of energy because your job depends on it.
I have four master degrees and was told that I don't have enough experience to get into a program that I work for free to get experience. Soul crushing!
@@saddestdayever1276 I got three masters from WGU for free with scholarships. I got my first masters from Texas A&M and already paid off that student loan about 18 years ago.
Really depends on the country. In Italy master's not necessary but gives a bit of a higher salary from the start. In France I'm seeing that even with job experience if you don't have a master you're worth s**t if you only have a bachelor. Really depends on the country
The percentages of "differential" at 2:55 are calculated incorrectly. Although in a down trend, not sufficient data and not as obvious as shown in the graph. That pretty much takes away credibility of the rest of the arguments. I do think that a masters is something to get is you want to do it no because it will vastly improve your odds of a better job, however presenting erroneous data solves nothing.
Just quietly get your master's degree and tell no one at the entry-level job that you have one. Then, when it's time to promote, come out of the master's degree closet. People will think you got it online while working full-time.
I always wonder when recruiters, especially corporate recruiters are quoted. When I was in the corporate world, they only got in the way. We, eCommerce management, wrote the ads, we did the interviews, we made the hiring decisions, HR might lose things, pick the wrong place to post the ad, etc.. Also, when discussions about degrees occur they should be separated into degrees with directly marketable skills like programming, nursing, engineering, accounting and those that give "well rounded backgrounds". Mechanical Engineering degrees should not be in an aggregated with Suburban Dance Theory, Theatre Arts or English Degrees.
This was a genuinely insightful video. For me, I am actually currently doing my masters in business analytics. I graduated with Nutrition bachelors and realized I didn’t want to go down the medical route. The job I was able to land after college is a primarily client facing role which I haven’t enjoyed the most. Despite the costs of a masters, I figured I wanted to push the needle forward in some way and at the time I thought that was going back to school. But I do recognize the amount of opportunity there is online. It’s still a tough call as my mind still thinks completing this might give me a tiny edge over another candidate. It really does come down to your own situation + mapping out expenses.
You know what's so ironic? The underlying message of this video is for prospective students to conduct a thorough cost-benefit analysis before making a potentially life-altering decision by attending college ... which is something you'd learn how to do in college.
@@Azaleahsney Support in demand? Did you possibly mean supply and demand? If so, that's something typically taught in a business or economics class ... which is taught in college. Sure, it's possible for you to learn it in high school, but it's not very common (at least not in North America).
I got a masters degree in AI, so far it helped me to get 1 job, then the project was canceled because the budget was depleted by acquiring a new manager whose salary halved all the available money; the project had a really strict budget. So, ignoring the first job, I have not seen any upgrade after getting a masters degree...
Honestly. If I could redo things, I'd do a ton of master degrees, one a year, and never go to a doctorate, and I'd only put the masters in my resume that'd help me in my job application. I would do a bs in math and masters in CS, statistics, some engineering (electrical maybe), data science, psychology, phylosophy and physics.
@@polymloth it's doable. I'm on my third masters and I owe less than the average student loan. Like look up the average, and I owe one-third that amount. Most universities offer a TA job. For me, I do a payment plan, pay monthly, and the TA job pays me monthly. So I just pay with what they pay me and I have about 400 leftover. Currently, I am doing an internship, and I get paid about 4-5 times what my TA job paid/pays me. So I save that money and use it for living expenses since my TA job pays for my degree. I also bought a car and worked as an UBER driver, but you have to balance the car loan and the benefits of a car. UBER pays, but it's not consistent. That's a whole different can of worms. I pay about 400 monthly for my car loan. So yeah. My whole TA job paycheck gets taken up. So my saving grace is my internship and UBER driver. But if you can get your family to help you a little, then that's good.
@@lalew2 IDK. I have two masters: Physics Scientific Computing My third masters is in Statistics and Data Science I spent most of my time with my first two on perfecting my knowledge in the textbooks. I didn't publish papers. I just did all odd problems on textbooks in physics, calculus, linear algebra, differential equations, etc. didn't spent time writing papers or things like that (how things are in academics is a whole other can of worms. I've heard some bad stuff and things like the replication crisis always concerned me). After my second masters, I looked for a job for 6 months. I got plenty of job interviews at national labs, but I didn't pass. So I went back to school. Imo, these are the two biggest factors people need to consider, so people don't make my same mistake. First, not all degrees are equal for getting hired in industry. Computers science, nursing, law, engineering, teaching, all those have higher employment rates. My brother only got a bs in computer science, and got hired. Second, do internships. Very beneficial. Not gonna lie. I'm very grateful for the one I have rn. Now, that is not to say that degrees in science like physics aren't valuable, but then you have to make sure to publish papers, go to conferences, and win awards. A friend from vietnam only did a bs in physics, but did all those this, and for hired at fermi lab (hydro-collider, though rn she said she's going back to school for an online MS in CS. I know that employment is temporary for labs).
I'm so glad you touched on vocational schools. My grandfather was a big advocate for trades and he was a high school principal! My husband and his friends are a testament to how well you can do having a specialized trade. You can have a unionized job and your own business. Him and his friends are making over 100,000 just at their union job alone,not including their own businesses. Think about what it costs to call a plumber alone?
If one can't find a job, a Masters degree will do absolutely nothing for one's career prospects. The only way a Masters degree, even in tech fields, is if one is employed in one tech field and wants to switch to another tech field. Otherwise it is totally useless. Even Chicago will fudge the stats as they will just hire recent grads to send out mailers and this would show the grads are employed at graduation but with a worthless job.
Amazing video! Would you make a video talking about different ways to get experience? On how to get internships or starting a personal brand. I highly appreciate your take on this matter🙌🏽✨
Power plant controls tech with 2 year degree. I earn $55 per hour plus OT and average $130k-$150k per year. It’s a solid trade where you still need to know programming and physics to make things work.
There are some good universities offering online masters programs at low cost. Georgia tech and UT Austin offer ms in cs programs for less than $10000. University of Illinois Urban Champaign offers their online masters in management degree for $12500
Education is substituting compressed industry knowledge taught in universities in place of having to learn it on the job over years. Instead of having to carry an employee until he gains industry knowledge to make a profit, having the employee pay for a higher degree himself might be more profitable before hiring him. Having a lot of credentials and education but no experience is a gamble, the guy might leave as soon as he gains experience. It’s always been about money. For employers it’s all about money and time. Getting an internship in your field of study and then after getting a job and having your company pay for coursework to get a master’s is the way to go.
don't you have a master's degree? i mean, youtubers with degrees saying you don't need a degree are disingenuous grifters. and these recruiters saying you don't need a degree are full of crap. their own job listings indicate a degree. and 73% of swe actually have a degree. you and other youtubers never talk about that reality, on the one that'll generate views.
You look for an employer that's looking to hire someone with your skill set. A lot of them are not requiring a degree anymore but some are only looking at a degree as a nice to have but not mandatory. I literally got my starting point in my field because of my previous experience that I got through volunteering for projects and the skills I learned on the job and through self-study. I made the strategic move of only applying for jobs that are looking for my skill sets. That's how I got my $65k entry level job. After a year in that job, I felt the rumblings of financial uncertainty within the company and rumors of layoffs so I started looking for another job. Again, I focused on job listings that are looking for my specific skill sets. 3 months later, I got a job offer that gave me a 40% pay bump, 10k sign-on bonus, and a very generous benefit package. This is my secret: figure out the value that you can deliver to an employer. After that, make sure that your resume conveys your value proposition. After that, strategically target companies that would pay a pretty penny for your value.
She’s talked about this in her past videos. The tech job market has changed so much over the past five years that she says she wouldn’t have changed what she did, but she wouldn’t do it in today’s job market. Her video that talks about what she would do differently has a lot on this!
Yes I do have a masters degree but the key difference is that that was over 4 years ago when I graduated. Tech was still doing great and I paid back my degree in 2 years. Unfortunately you seem to have missed the point which is to not blindly believe or not believe as blanket statements.
@@TinaHuang1 someone with a master's degree from an ivy league college giving advice about not acquiring a degree is not credible. if you had no degree/masters degree, you don't know what you'd do or what positions would be open to you. you would be looking at things from the outside looking in. you make sure people know you have an ms from penn because it opens doors and gives you credibility. unless you were wealthy, you were able to pay your degree off because it opened doors for you to a lucrative career opportunity.
very good insightful video. With just my bachelor I started taking part in all kinds of jobs that I was interested in and got to speak to a lot of different kinds of people. I am now 25 and about to interview for probably my dream job. Getting a master degree is really for the few. Awesome video keep it up 加油
I have stopped with a bachelor's degree. Now, I am focusing on growing an online business and investing in the stock market as 2 ways of making more money. I encourage others to do the same.
I'd say my biggest suggestion to those who really want to attend college for bachelor's and master's, go to community college, cheaper college, or only go to college if the scholarships and FAFSA covers the cost of college. That way you'll graduate with less than average debt or no debt. I'm planning to attend a cheap college online to save money, not going to the traditional college route of attending in person. I'll be working and gaining work experience while working for my degree. It's not worth it anymore to attend really expensive colleges to end up thousands in debt and not finding a job in your field along with little to no work experience and being underemployed. It seems like it is only worth attending expensive colleges if it's an elite or Ivy league college since it looks good on the resume but I know not everyone can attend an elite or Ivy league college, so I'd say the next best thing is to attend an affordable college and you'd have a degree in hand and can pay off college debt quickly in a few years or less.
I’m getting a master’s but I live at home and my field REQUIRES the degree for all entry level jobs, so not much choice if I want to continue pursuing it
I got my master's degree 2 years ago. I barely see any benefit because most jobs that require a master's degree, offer the option to have a bachelor's degree and 2 additional years of experience. The only value a master's degree has is granting you access to PhDs which are required only for becoming a researcher and university teacher. Very few jobs require a master's degree as a hard requirement. I also don't feel like the salary difference is a factor. If you are negotiating your salary better, with the same skills and experience, bachelor's degree applicant may be able to receive a higher salary than the master's degree candidate for the same position. Nowadays, at least in Romania where I livez there are options to study during the weekends and work during the week. The degree is as strong as any other degree, but you have the advantage of having 3 years of experience when you finish your bachelor's degree, instead of none. The only difference is that you spend 8 hours a day in school on weekends and have decreased support for additional practice. Here school is usually 30 hours a week, so they take out optional lessons to make it fit a 16-hour schedule (8 hours per day on Saturday and Sunday)
disagree with the financial analysis - it may take a few years to earn back the cost of a masters degree (as shown in the example), but there was no discussion about the long-term financial and career benefits. I agree that in the short term, a master’s degree is not always the right decision to land a job with a decent salary, but I still believe in the long-term investment
School districts are frequently looking for good teachers. Work your way up from classroom teacher to principal to superintendent to mayor to secretary of education to governor to president. Somewhere along the way get your masters and doctorate degrees.
So, I took a different route in life. I went to work out of HS and working at the hospital they paid for my schooling. Currently, I'm back in school furthering my education. Getting to the point, I have a girlfriend that has a master's degree (not exactly sure what her undergrad is in) but I know she's working an entry level position unable to find employment. I might look into that brilliant. Algebra has been kicking my middle aged butt.
If it's overpriced, that's the problem, question is if you want to pay the price. Realistically will you study at your own time and work same time? If you are passionate about subject, specialize and want to surround yourself in the environment directed at that specific goal maybe Masters is the better option? Or study abroad. Also you talked about choosing trade jobs vs collage and opportunities it brings. Really? In my opinion if you seriously consider career in your subject, are ambitious and passionate about it, it shouldn't be a question just because of that money(but it might be because of these high fees). Maybe again, you can study yourself but you can miss out on other things like the whole peers experience, meeting like-minded people etc. Oh BTW I lived with a guy doing his Masters in game dev and earning money doing side gigs, so practically - also some experience, portfolio projects.
What about trying to get the real world work experience you mentioned that contractors and companies are asking for. It's even harder to get an internship when you're not in school and it's still hard if you are in school. Maybe you could do a video on how to make yourself stand out or how to format your resume on an attractive way?
Depending on the company you're looking into you could ask around about a longer-term co-op (~1 year long), a contract position (multi-year co-op but with not as nice benefits) or check if the company offers an Engineer Development Program. All of those can be geared towards recent grads depending on the company.
Fwiw, I worked with a lot of people who held masters degrees (I have a bachelors and a couple years experience). I make more than the Master's holders because of my experience. Professional qualifications and certifications also can be a better return on investment than a Master's degree and a lot cheaper to get. The problem being that Master's degrees can often be too broad and not teach anything you can leverage for pay. I have a Chem degree, thought about going to get a Master's for years, then finally decided not to because a) I work way too much to go to school and b) after five years experience (and from my own experience in the workplace, sometimes out the gate) the pay rate is the same. Getting a masters degree may make your job more technical, but it won't really boost your pay rate.
It ain't only experience that counts, there are too many factors to consider, overall business are there to make money and for the most part, don't care about education as most educators seem to stress, yes education is good, as the saying goes; the more you know the better, but that's even debatable. Anywho, if you can prove you are good for the type of job you want most employers will hire you.
Having employed over 10,000 people in over 15 industries in nearly 20 years. I can say confidently…Get the masters. Get it out of the way. Just get it done. People look for logical reasons to be flashy, lazy, or rebellious. Education is to be valued. If you don’t believe so, you probably haven’t met enough people in different the right tax brackets. I was successful without any formal education. I later saw the value in education. I have been everything from a Managing Partner to a CEO. Get the Masters. Limiting yourself for fear of being overqualified is ridiculous. That mindset alone will get you no meaningful, sustainable success.
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For Americans watching this, you could get a master's degree in Canada for around CAD 30,000, in terms of tuition fees, as an international student. Adjusting the current exchange rate, this would represent about USD 22,000. Degrees delivered by Canadian universities are recognized in most Western countries, including naturally in the U.S. (there might be some restrictions in some fields protected by a professional order, though). Alternatively, with a Canadian master's in a field such as computer science (some Canadian work experience while studying is a plus), you have pretty good prospects of being selected as an economic immigrant via the Express Entry program or provincial nomination program. Why would Americans want to immigrate to Canada? According to USNews, Canada ranks third worldwide in terms of quality of life (e.g. a universal health care system). Notably, as a local student, a master's degree in my alma mater costs between $5500-6000 in tuition fees plus some $2000 for the insurance, student association, and related costs. One might argue that studying a public French-speaking university founded in 1968 is not very glamorous, which is a fair criticism if compared to legacy institutions such as Oxford or Award. Yet, in the great scheme of things, even a publicly funded university aimed at low-income/low-social-class French Canadians still manages to score at the 31st percentile worldwide... Also, one doesn't necessarily need to apply at a low-tier university since universities such as the University of Toronto, the University of British Columbia, or McGill University are comparable to Ivy League universities in the U.S. (please note, though, that Vancouver, Toronto, and Montréal are expensive cities to live in). References: www.canada.ca/en/immigration-refugees-citizenship/services/immigrate-canada/express-entry/works.html etudier.uqam.ca/cout-bourses www.usnews.com/education/best-global-universities/canada www.usnews.com/news/best-countries/rankings/quality-of-life www.usnews.com/education/best-global-universities/university-of-quebec-montreal-504868
Id say in California getting an internship is far better than getting a masters for most fields. Just that the competition is pretty intense when it comes to applying for internships so you gotta locked in.
It's still satisfying having full Masters Degree (Mathematical Statistics) but now I work computer science spec. in AI and I help new people to get going future development and is tons of fun. True not using my Masters in work but still feels good to have somehow. Actually if for economy probably working in industry from beginning would have been much better.
I racked up 30k for undergrad, and I will pay around 10k for masters part time. Go to cheap schools. Look for tuition reimbursement. It's not worth it otherwise. Btw my masters is at an expensive, prestigious institute, but my employer is paying for it.
Higher digree means employee price charge is higher If me as normal employee can do better by thru training than who got into colladge for cheaper employer would like to keep those for long
I'm thinking about doing a masters degree in art psychotherapy. I think it will be worth it, because I will be converting my arts degree into something that serves better mental health to the community that doesn't find talking therapy suitable, and will probably survive AI as a career.
Frank is actually a candidate for a PhD program. Rarefied air qualified to research, teach or head a department. Btw those research positions have a stipend.
This of course does not apply to any career that requires documented progression and almost guarantees corresponding salary increases (nursing comes to mind, as well as finance, non-software engineering, etc)
4:44 - If the poster has the resources to get a masters degree in network engineering, this person was definitely misled. He'd have been better served getting a CCIE or CCNP certification (or any vendor cert over a masters degree). Businesses want networking practitioners (i.e. certification), not theoreticians (i.e. Masters Degree). In any case, automation and cloud services are diminishing the need for network engineers. Network engineering will never go away entirely, but it will never be what it was 15 or 20 years ago. From 2000 - 2010, networking was incredibly niche, but in-demand and high paying. The degree sounds fake. Computer networking is a branch of computer science. Its an application of graph theory.
Get a job first then ask your boss what could take you to the next level in your career sometimes it’s a masters or a certification you also might be able to get your work to help pay for it
Another interesting calculation on this is to take with the salary of median job that does not require a master's and take the Additional increase in salary. And see how long it takes to pay off the masters.
That is true, even if you only have a bachelors but no experience you will have a very hard time finding a job. Real work experience is everything, even if it takes you 6 years to finish a 4 year degree but you come with 3 years of experience because you worked during school, you will be by far more desirable than if you just focus on school and finish bachelor's + masters in 5 years
Good video, very accurate ROI calculations. College now is way overpriced, but maybe a low-cost 2 yr community college degree is ok. Better to find a good company/org., and let them pay for a degree that is truly relevant (business, accounting, science, engineering, comp sci, whatever).
By Healthcare you would also include public health right? Bc the issue is like to do many public health related jobs with decent pay you HAVE to have a masters or to get experience you have to be a masters student. Like besides an ORISE fellowship there is hardly anything you can do in public health without a masters unless you are well versed in biostats/informatics which is NOT my field
This video came at a good time cause it's a bit harder for us millenials to wash off the concept of not doing a master degree after we've ammased some work experience under our belts cause that's just how we saw our uncles and aunts do it as they kept progressing in their careers, particularly for us on the Tech management side. The GeorgiaTech OMCS online Computer science masters seems to be what everyone likes ro recommen for quality, and content relevancy, but I still find it too closely tied to programming and not blending project management and other leadership and business courses which a mid-level tech professional wouldn't mind enrolling for as it's still revelant to what they do on a daily basis and will guide them even in more senior tech management roles later on it their career. Looking for suggestions for online masters that can fit such a bill
I declined on doing a masters 12 years ago. Even back then I realized a masters might make me over qualified and it would have wasted my time and money.
nooo don't! I'm just raising up a point to do some research before diving into a master's degree. Not saying that all master's degrees are bad. You got an internship out of the degree which means you have some experience
Thanks for all your wise advice Tina. I was just starting to ask myself if I need to rethink my decision not to pursue a Master's because everyone around me seems to be pursuing one, and you reiterated why it's a bad idea. One idea for a future video: I stumbled into working on the Salesforce platform at work. Is it worthwhile to specialize in one specific kind of software, or try and stay software agnostic when programming?
In India its diffrent rn there is huge unemployment issues and kind of inside a job resscion for tech. the one way to look at this is if you did a 3 year ug. its better to go to a 2 year PG and work on your skills. employers ( startups ) doesn't mind what is level of qualification, when it comes to Service based MNC and you love to work in a dev team you need a PG or a BTECH
I have two masters degrees and count them both as garbage. Neither really helped me advance or earn that much more money. All the time I spent in class, studying, researching and writing papers was time taken away from my family. Fortunately, my employers paid for both degrees.
In 2017, absolutely. We’re in a skills-based job market now, so employers in non-STEM fields have reverted back to bachelor’s degrees being “preferred.”
Hey! Look into how hard it is to get into the trades. Its not a simple "go to this and itll be simple" the ladders have been pulled up from the generation before us.
yep that's why I said I'm NOT telling people to just go into the trades. It doesn't solve the underlying problem. I'm asking people to not blindly believe that getting more degrees == better :)
Degree works like free market. everyone can get a job if they are willing to start with a below average wage. More people having high education Degrees will decrease the value it brings. Vise versa. Overqualified just means you are asking for more money than they are willing to pay.
do it if u want to switch careers into swe and data science. if u already majored in cs undergrad, don’t do it unless u already found a job. having a masters does help, but won’t be the main factor. work experience beats a masters. work experience and a masters is a bonus
I just finished a masters for $11k from a no name state university. I dont regret getting the degree but i regret taking out loans for the degree. Its worthless
Head to brilliant.org/TinaHuang/ to get started for free with Brilliant's interactive lessons with 20% off an annual membership.
People that this video does NOT apply to:
- People who can get scholarship / it is very cheap to get a degree (and you expect significant increase in your salary)
- People who don't really have other alternatives (i.e you live in a country with high unemployment)
- People in developing countries (you can immigrate / travel easier with a masters)
- People in fields where masters is expected / required.
This is not just in academic fields, but also for working in R&D where a Ph.D is even expected.
For many people from countries from MENA, Asia, and Africa, getting a masters or even Ph.D is a great way to move to another country and have a proper salary to begin with.
However, I don't think that people from these countries would need a Masters necesserly if things were good in their countries.
She should pin your comment.
True shit.
it also does not apply to places with tax-subsidised higher-education
@@erkinalp True.
Or if you work for a company that is reimbursing your tuition in order to move up within the company.
Do not get a masters degree in order to find a job. Do it when you have one, cause you want to. Job market right now doesn't care, but also, its about first come-first serve. Whomever finds the job first (and its chosen from a potential list od hundreds to thousands) gets it. So don't even bother.
This just isn’t even true. I have been over hiring for entire regions in Fortune 500 brands. It makes a difference.
- Tells you not to get a Master degree
- Also tells you to be more specialized
So, it is not a problem in a Master degree, the problem is that the employer doesn't value young and highly educated people.
she stated very clear that HR favor experience over conventional education. so her point is, instead of paying to be underemployed, you can learn so much more outside the classroom.
@@lkwreuoc357-ef4ro Yeah, but you still need a degree.
@@lkwreuoc357-ef4rothats why you need to do both neeb
@lkwreuoc357-ef4ro you need the degree to get the interning experiences, after you do your fellowship than you have your experience. Lol, I don't know why people are trying to speedrun life and speedrun getting jobs and careers. The point of a career is how much effort, time and patience you've put into crafting your art, your skills ect. You can't get a degree and expect to become a lawyer after graduation. You need to intern with someone.
@@Name.......... lol you misunderstood me.
If your masters program includes a graduate assistant stipend you have found a job. The pay is low and the hours will be long, but it's better than being unemployed.
In 1990 I was working on my PhD in physics, and the job market for PhD physicists collapsed when the cold war ended. There were hundreds of applicants for any postdoc position, and nothing in the private sector. In fact if you had a PhD in physics you were unemployable in the private sector and had to lie about not having a PhD in order to be considered at all.
With no job prospects I procrastinated for a few more years because I still had my graduate research assistant stipend. I was able to move into software development because I had done so much programming for my graduate research. The mid 1990s were the best of times in software with the arrival of the internet, and the worst of times for PhD physicists.
Take a graduate assistant position if you can get one.
Cool so now we have to pay thousands of dollars to be overworked and underpaid. 🎉🎉🎉🎉 thanks
That job (graduate assistant) doesn't exist anymore. Now we have postdocs, where you work for the university teaching 101 courses, you're expected to do research and you're paying part time for your trouble. Would not recommend. You're better off working at a call center or sales instead, those actually get you benefits like health insurance.
@@PhthaloJohnson - What job do graduate students who are doing their PhD research have if graduate assistants don't exist any more?
@@zelim9514 Academia has always exploited graduate students, postdocs, and adjunct professors. Tenured professors can have a good career. The operative word is "can", not all do. The real winners in academia are administrators, like Vice Presidents of DEI.
I start my Online Masters in Analytics from Georgia Tech in a few weeks. Whoohoo!
Me reading the title while getting a masters degree 🤡
Ahhhh shit....
Me too lol 😂
As long as your degree isn’t useless then you’re good.
I just defended my thesis last Monday 😂
Just enhance yourself with technical skills and you're good
I wish more people without degrees would tell their story of the hurdles they faced not having a degree. You can get by without me but if you see both paths the choice is clear.
Real
All you have to do is get into a trade or actually care about your future and spend some of your free time learning online on Skillshare, TH-cam or any of the other many sites that have courses, then find an internship, something you will have to do anyways because all "entry level" jobs care more about experience than anything else. So what is the difference? You study and then you need to get experience. Except if you don't go to college then you pay way less money and have to keep YOURSELF accountable.
The stories of struggling because of not having a degree are from a different generation. That's the whole fucking problem. You need to stop applying boomer and Gen X logic to millennial and Gen Z. THESE ARE DIFFERENT TIMES. Things f*cking changed and we suffered because we didn't get advice that is keeping up with the times. Wake up already and look at the PRESENT situation when talking about people's FUTURE, because the PAST is not coming back.
It doesn't matter what thebrantbis all about, the choice is clear when one is practically in the job market, they will hire one with skills, experience, critical thinking and a degree before touching someone who doesn't have one but learnt online. When the reality of life hits, some of us Millennials and Gen Zs will open their minds@zelim9514
I am pursuing a degree now after 7-8 years of working after high school and one of (not the only reason of course, there were several) the driving factors was how looked down on you can be in companies or indeed how many doors are automatically closed.
I’ve seen countless people get roles in completely unrelated roles to their degree subject, but by nature of having one, it put them in to consideration of the job.
I’m not saying you can’t find a job without a degree. I had a stable, interesting one without a degree myself, but you will see how much of a lack of progression there is or how much longer it will take to progress.
Me personally, i grew up poor, and when I graduated high school (14 years ago) with no college, I was stuck working retail for 12 years until recently.
Nowadays, i know better & i realize the skills i couldve had that couldve helped me progress (even without college)---but back then, i was lost & depressed because i didnt know what to do, and that's what really kept me stuck. I didn't realize my potential until it was [kinda] too late.
If I could do it all over, I **definitely** would've asked my mother to transfer me to a safer middle school, and would've had her hook me up with **much** better counselors earlier; I also would've stayed with sports & would've worked way harder so I could've gotten a full-ride at an Ivy (or a "Public ivy" like UMich). I had the potential, but I just didn't know what to do with it back then, and school didn't really inspire me.
Thank you for saying this!!! I graduated in May with a bachelors degree in Computer Science, only 10% of us actually found a job. And none of the 40 people who got a Masters in Computer science found a job… When I found that out it killed my mood. We busted our ass for 4 years yet most of my friends were not able to find a job.
Yeah bwcause a degree doesnt get a job nowdays. Grad school is a scam...
I graduated in 23 in electrical engineering and can do a bit of coding..... still can't get a job💔💔💔
@@vaibhava4775 What about Industrial Automation Systems and even broader PLC programming? I would think there are plenty of those type of jobs out there as the specialized industrial workforce retires or is about to retire. I would think that would be up an EE's alley.
How even Computer Science degrees dont get any?
Or maybe the pay they were looking for wasn't available. The harsh reality is: experience matters more than a degree, so in order to increase your chances of finding a job after getting out of college or university, you have to be working in a career-related job while you're studying said career.
A Master's degree should be viewed as an enhancement of knowledge, not a cheat sheet for employment. The whole employment culture is broken.
Agree. I'm currently processing my Master's enrollment and I'm in it for my professional growth. Though it won't get me any economical edge, but what gives? It's my time and money.
Do not get any kind of higher education if your only goal is finding a job. Do it because you are passionate about learning, being surrounded by that topic you love and people who loves it as much as you do.
except most white collar job postings say a college degree is required
@@mizutofu Well it is always easier to filter out, amongst thousands of resumes
Only the rich & privileged can afford to study whatever they want, most people who go to college attend with hopes of landing a good job that pays well.
Too late. I sacrificed 4 years chasing and thought this degree will help finding a job but nope. Ended up as sales associate in a retail store. I had enough working with dumb people so I went to community college for 1 year certificate course and now I have a job that I can be proud of.
Literally everyone is going to college so that they can get a better job
I got a masters and got a job out of it. In Europe because everyone and their dog has a degree because it’s free or heavily subsidized, so a master has become something ro differentiate yourself from the competition. Also mine was 1 year and not as expensive as in the US
A masters isn't for everyone, true, but the same can be said of bachelors and doctorates. It depends what you're trying to achieve. In industries that either have professionalized and require registraion, or will in future - software engineering being one such example - the top-tier jobs are going to filled by those with the education AND experience. Masters are long-term investments. That said, the cost figures for US study are pretty insane.
I'm in western Europe and hold two postgrad masters on top of my bachelors, which I earned part-time whilst employed full-time. I'm planning a third next year. Intense study is my favourite pasttime and I wouldn't take a masters just to earn more.
I'd be doing just fine with just the bachelors I'm sure, but my horizons now are far broader than they would have been and I'm in the top few percent of earners (more than most MDs and MPs) and work from home. Thinking about my journey so far I've no doubt the additional education has helped give me the edge.
I live in pakistan and doing bscs what do u think should i do masters in ai or cybersecurity from malaysia or not?
As someone with two master's degrees, it does really suck to be both overqualified and underqualified for every single position. You would think employers would realize that should balance out, but they only read it as two reasons not to interview me, no less hire me. 🙃
I got a job in tech as a self taught developer. I'm currently enrolled in a Master's program because I enjoy learning, especially computer science. I wouldn't give an opinion if someone should or shouldn't go for it because it's such a personal decision for me. I'm in Europe though and my bill is way-way less... Crazy prices. So it's worth it to me.
self taught developer doing what? are you doing web development?
@@jee6213 started in full stack web development on in internal data warehouse application with Django and React. I recently switched to an engineering role building a cyber security / data loss prevention product in C++.
IMO, considering a master’s degree after establishing your career. Here's why:
- A) You might change your major once you have more clarity about your professional interests.
- B) You may find that a master’s degree isn’t necessary for success in your field.
- C) Specialized certifications could be more valuable for niche opportunities.
- D) You'll have time to pay down undergraduate loans before taking on more debt.
- E) After a break, you'll value education more and have a clear understanding of what you need to excel in your career.
Agree with this. One of the most valuable advice I got from a former boss at an internship I had as an undergrad was to not pursue a master's until you reach a point in your career where you can't really progress without one. Don't get a master's just to get a master's.
I study electrical engineering MS now just because my professor in undergrad recommends me to study a MS. Our school have collaboration with several big companies. As I’m researching/specializing DSP digital signal processing integrating with computer science. For me, it’s worth it for me imo. My school covers 80% the tuition for me and I get 2200$ a month from school though I have a 60k debt in undergrad. For EE, a BS is not enough imo, it’s a super broad discipline; therefore, I recommend to study more.
EE here, with a masters. Full agreement
Its enough to become a controls engineer. I mean 160k on a bachelors is good
@@DSNCB919 Control theory brother I can’t 💀
I always appreciate your videos because they offer solid and practical advice for young people! While this may be beyond the scope of your current video, the primary reason for the recent layoffs is the high cost of energy. Employers cannot afford these skyrocketing prices, which forces them to cut back on hiring and even let go of current employees. I am in this problematic situation myself, having to let go of talented young professionals because our clients are unwilling to cover the energy costs associated with the models we build, primarily due to data center electrical bills.
One piece of advice I would like to offer to anyone who will listen is that we need individuals in office who understand our energy requirements and can develop practical solutions. Reducing energy costs is crucial; otherwise, we risk becoming an unemployed and unproductive nation. So, this election year, pick the person or party with the best approach to reducing the cost of energy because your job depends on it.
I have four master degrees and was told that I don't have enough experience to get into a program that I work for free to get experience. Soul crushing!
Goddamn! 4 master's degrees?! How many for profit school traps did you fall for? I am very sorry to hear that!
@@saddestdayever1276 WGU, scholarship one term, cost zero.
@@saddestdayever1276 I got three masters from WGU for free with scholarships. I got my first masters from Texas A&M and already paid off that student loan about 18 years ago.
@@saddestdayever1276 WGU and Texas A&M all scholarships no debt.
Really depends on the country. In Italy master's not necessary but gives a bit of a higher salary from the start. In France I'm seeing that even with job experience if you don't have a master you're worth s**t if you only have a bachelor.
Really depends on the country
The percentages of "differential" at 2:55 are calculated incorrectly. Although in a down trend, not sufficient data and not as obvious as shown in the graph. That pretty much takes away credibility of the rest of the arguments. I do think that a masters is something to get is you want to do it no because it will vastly improve your odds of a better job, however presenting erroneous data solves nothing.
Yeah that graph was not the best graph
Just quietly get your master's degree and tell no one at the entry-level job that you have one. Then, when it's time to promote, come out of the master's degree closet. People will think you got it online while working full-time.
I was going to say this like just don’t tell them.
Like they never gonna check the graduation date 😅
@@standardace8355 thank you!
Has nothing to do about who opens their mouth. You'd have to experiment by excluding that bit from your resume
Uhh background check you will not get hired anywherre i worked
I always wonder when recruiters, especially corporate recruiters are quoted. When I was in the corporate world, they only got in the way. We, eCommerce management, wrote the ads, we did the interviews, we made the hiring decisions, HR might lose things, pick the wrong place to post the ad, etc..
Also, when discussions about degrees occur they should be separated into degrees with directly marketable skills like programming, nursing, engineering, accounting and those that give "well rounded backgrounds". Mechanical Engineering degrees should not be in an aggregated with Suburban Dance Theory, Theatre Arts or English Degrees.
This was a genuinely insightful video. For me, I am actually currently doing my masters in business analytics. I graduated with Nutrition bachelors and realized I didn’t want to go down the medical route. The job I was able to land after college is a primarily client facing role which I haven’t enjoyed the most. Despite the costs of a masters, I figured I wanted to push the needle forward in some way and at the time I thought that was going back to school. But I do recognize the amount of opportunity there is online. It’s still a tough call as my mind still thinks completing this might give me a tiny edge over another candidate. It really does come down to your own situation + mapping out expenses.
You know what's so ironic? The underlying message of this video is for prospective students to conduct a thorough cost-benefit analysis before making a potentially life-altering decision by attending college ... which is something you'd learn how to do in college.
@@Azaleahsney Support in demand? Did you possibly mean supply and demand? If so, that's something typically taught in a business or economics class ... which is taught in college. Sure, it's possible for you to learn it in high school, but it's not very common (at least not in North America).
Government jobs gatekeep with degree requirements (high salary ones). Check out all the career listings prior to selecting a degree. 😢
I got a masters degree in AI, so far it helped me to get 1 job, then the project was canceled because the budget was depleted by acquiring a new manager whose salary halved all the available money; the project had a really strict budget. So, ignoring the first job, I have not seen any upgrade after getting a masters degree...
do u have prior professional experience? coz i have none and i am thinkin about pursuing masters related to AI
Honestly. If I could redo things, I'd do a ton of master degrees, one a year, and never go to a doctorate, and I'd only put the masters in my resume that'd help me in my job application.
I would do a bs in math and masters in CS, statistics, some engineering (electrical maybe), data science, psychology, phylosophy and physics.
How would you finance that?
@@polymloth Good question
you only need one masters degree
@@polymloth it's doable. I'm on my third masters and I owe less than the average student loan. Like look up the average, and I owe one-third that amount.
Most universities offer a TA job. For me, I do a payment plan, pay monthly, and the TA job pays me monthly. So I just pay with what they pay me and I have about 400 leftover.
Currently, I am doing an internship, and I get paid about 4-5 times what my TA job paid/pays me. So I save that money and use it for living expenses since my TA job pays for my degree.
I also bought a car and worked as an UBER driver, but you have to balance the car loan and the benefits of a car. UBER pays, but it's not consistent. That's a whole different can of worms. I pay about 400 monthly for my car loan. So yeah. My whole TA job paycheck gets taken up.
So my saving grace is my internship and UBER driver. But if you can get your family to help you a little, then that's good.
@@lalew2 IDK. I have two masters:
Physics
Scientific Computing
My third masters is in
Statistics and Data Science
I spent most of my time with my first two on perfecting my knowledge in the textbooks. I didn't publish papers. I just did all odd problems on textbooks in physics, calculus, linear algebra, differential equations, etc. didn't spent time writing papers or things like that (how things are in academics is a whole other can of worms. I've heard some bad stuff and things like the replication crisis always concerned me).
After my second masters, I looked for a job for 6 months. I got plenty of job interviews at national labs, but I didn't pass.
So I went back to school.
Imo, these are the two biggest factors people need to consider, so people don't make my same mistake.
First, not all degrees are equal for getting hired in industry. Computers science, nursing, law, engineering, teaching, all those have higher employment rates.
My brother only got a bs in computer science, and got hired.
Second, do internships. Very beneficial. Not gonna lie. I'm very grateful for the one I have rn.
Now, that is not to say that degrees in science like physics aren't valuable, but then you have to make sure to publish papers, go to conferences, and win awards. A friend from vietnam only did a bs in physics, but did all those this, and for hired at fermi lab (hydro-collider, though rn she said she's going back to school for an online MS in CS. I know that employment is temporary for labs).
I'm so glad you touched on vocational schools. My grandfather was a big advocate for trades and he was a high school principal! My husband and his friends are a testament to how well you can do having a specialized trade. You can have a unionized job and your own business. Him and his friends are making over 100,000 just at their union job alone,not including their own businesses. Think about what it costs to call a plumber alone?
5:42
It’s been more than a few decades. It’s been going on for over 70 years now and really kicked in around the 80’s
If one can't find a job, a Masters degree will do absolutely nothing for one's career prospects. The only way a Masters degree, even in tech fields, is if one is employed in one tech field and wants to switch to another tech field. Otherwise it is totally useless. Even Chicago will fudge the stats as they will just hire recent grads to send out mailers and this would show the grads are employed at graduation but with a worthless job.
I agree with you 100%. Masters is unnecessary, hone in on your skills and become a master. Your voice is so soothing Tina. Great video.
Amazing video! Would you make a video talking about different ways to get experience? On how to get internships or starting a personal brand. I highly appreciate your take on this matter🙌🏽✨
Great Tina I appreciate you
I was having doubt whether to study masters or not
Now I am clear with that
I won't until its necessary!
Power plant controls tech with 2 year degree. I earn $55 per hour plus OT and average $130k-$150k per year. It’s a solid trade where you still need to know programming and physics to make things work.
There are some good universities offering online masters programs at low cost. Georgia tech and UT Austin offer ms in cs programs for less than $10000. University of Illinois Urban Champaign offers their online masters in management degree for $12500
Education is substituting compressed industry knowledge taught in universities in place of having to learn it on the job over years. Instead of having to carry an employee until he gains industry knowledge to make a profit, having the employee pay for a higher degree himself might be more profitable before hiring him. Having a lot of credentials and education but no experience is a gamble, the guy might leave as soon as he gains experience. It’s always been about money. For employers it’s all about money and time. Getting an internship in your field of study and then after getting a job and having your company pay for coursework to get a master’s is the way to go.
don't you have a master's degree? i mean, youtubers with degrees saying you don't need a degree are disingenuous grifters. and these recruiters saying you don't need a degree are full of crap. their own job listings indicate a degree. and 73% of swe actually have a degree. you and other youtubers never talk about that reality, on the one that'll generate views.
You look for an employer that's looking to hire someone with your skill set. A lot of them are not requiring a degree anymore but some are only looking at a degree as a nice to have but not mandatory. I literally got my starting point in my field because of my previous experience that I got through volunteering for projects and the skills I learned on the job and through self-study. I made the strategic move of only applying for jobs that are looking for my skill sets. That's how I got my $65k entry level job. After a year in that job, I felt the rumblings of financial uncertainty within the company and rumors of layoffs so I started looking for another job.
Again, I focused on job listings that are looking for my specific skill sets. 3 months later, I got a job offer that gave me a 40% pay bump, 10k sign-on bonus, and a very generous benefit package.
This is my secret: figure out the value that you can deliver to an employer. After that, make sure that your resume conveys your value proposition. After that, strategically target companies that would pay a pretty penny for your value.
There is some truth in your comment tho, but yeah this kind of youtubers only wants views
She’s talked about this in her past videos. The tech job market has changed so much over the past five years that she says she wouldn’t have changed what she did, but she wouldn’t do it in today’s job market. Her video that talks about what she would do differently has a lot on this!
Yes I do have a masters degree but the key difference is that that was over 4 years ago when I graduated. Tech was still doing great and I paid back my degree in 2 years. Unfortunately you seem to have missed the point which is to not blindly believe or not believe as blanket statements.
@@TinaHuang1 someone with a master's degree from an ivy league college giving advice about not acquiring a degree is not credible. if you had no degree/masters degree, you don't know what you'd do or what positions would be open to you. you would be looking at things from the outside looking in. you make sure people know you have an ms from penn because it opens doors and gives you credibility. unless you were wealthy, you were able to pay your degree off because it opened doors for you to a lucrative career opportunity.
If you are from Western Europe, disregard the video. A bachelor is not seen as a fully fledged education in here.
very good insightful video. With just my bachelor I started taking part in all kinds of jobs that I was interested in and got to speak to a lot of different kinds of people. I am now 25 and about to interview for probably my dream job.
Getting a master degree is really for the few. Awesome video keep it up 加油
18:30
This part of the video is the best part! Thank you for these options
I have stopped with a bachelor's degree. Now, I am focusing on growing an online business and investing in the stock market as 2 ways of making more money. I encourage others to do the same.
I'd say my biggest suggestion to those who really want to attend college for bachelor's and master's, go to community college, cheaper college, or only go to college if the scholarships and FAFSA covers the cost of college. That way you'll graduate with less than average debt or no debt. I'm planning to attend a cheap college online to save money, not going to the traditional college route of attending in person. I'll be working and gaining work experience while working for my degree. It's not worth it anymore to attend really expensive colleges to end up thousands in debt and not finding a job in your field along with little to no work experience and being underemployed. It seems like it is only worth attending expensive colleges if it's an elite or Ivy league college since it looks good on the resume but I know not everyone can attend an elite or Ivy league college, so I'd say the next best thing is to attend an affordable college and you'd have a degree in hand and can pay off college debt quickly in a few years or less.
You can always go into community college courses and get a research or part time tutoring/ teaching position.
I’m getting a master’s but I live at home and my field REQUIRES the degree for all entry level jobs, so not much choice if I want to continue pursuing it
I have 9+ years of experience as a SWE with a BSCS and now I want to get my masters in CS.
I got my master's degree 2 years ago. I barely see any benefit because most jobs that require a master's degree, offer the option to have a bachelor's degree and 2 additional years of experience. The only value a master's degree has is granting you access to PhDs which are required only for becoming a researcher and university teacher. Very few jobs require a master's degree as a hard requirement. I also don't feel like the salary difference is a factor. If you are negotiating your salary better, with the same skills and experience, bachelor's degree applicant may be able to receive a higher salary than the master's degree candidate for the same position. Nowadays, at least in Romania where I livez there are options to study during the weekends and work during the week. The degree is as strong as any other degree, but you have the advantage of having 3 years of experience when you finish your bachelor's degree, instead of none. The only difference is that you spend 8 hours a day in school on weekends and have decreased support for additional practice. Here school is usually 30 hours a week, so they take out optional lessons to make it fit a 16-hour schedule (8 hours per day on Saturday and Sunday)
Nice video I appreciate the work you put in to give all this information
Too Late, Already in Debt 😭
disagree with the financial analysis - it may take a few years to earn back the cost of a masters degree (as shown in the example), but there was no discussion about the long-term financial and career benefits. I agree that in the short term, a master’s degree is not always the right decision to land a job with a decent salary, but I still believe in the long-term investment
School districts are frequently looking for good teachers. Work your way up from classroom teacher to principal to superintendent to mayor to secretary of education to governor to president. Somewhere along the way get your masters and doctorate degrees.
So, I took a different route in life. I went to work out of HS and working at the hospital they paid for my schooling. Currently, I'm back in school furthering my education. Getting to the point, I have a girlfriend that has a master's degree (not exactly sure what her undergrad is in) but I know she's working an entry level position unable to find employment. I might look into that brilliant. Algebra has been kicking my middle aged butt.
Thank you very much. ❤
Loving that Eagle Scream at 6:50. Thumbs Up for that alone. Nice going there!
Haha you noticed!!
If it's overpriced, that's the problem, question is if you want to pay the price.
Realistically will you study at your own time and work same time? If you are passionate about subject, specialize and want to surround yourself in the environment directed at that specific goal maybe Masters is the better option? Or study abroad.
Also you talked about choosing trade jobs vs collage and opportunities it brings. Really? In my opinion if you seriously consider career in your subject, are ambitious and passionate about it, it shouldn't be a question just because of that money(but it might be because of these high fees). Maybe again, you can study yourself but you can miss out on other things like the whole peers experience, meeting like-minded people etc.
Oh BTW I lived with a guy doing his Masters in game dev and earning money doing side gigs, so practically - also some experience, portfolio projects.
Ps I live in England....It's much less expensive than America & some might argue more effective ;)
What about trying to get the real world work experience you mentioned that contractors and companies are asking for. It's even harder to get an internship when you're not in school and it's still hard if you are in school.
Maybe you could do a video on how to make yourself stand out or how to format your resume on an attractive way?
Depending on the company you're looking into you could ask around about a longer-term co-op (~1 year long), a contract position (multi-year co-op but with not as nice benefits) or check if the company offers an Engineer Development Program. All of those can be geared towards recent grads depending on the company.
Fwiw, I worked with a lot of people who held masters degrees (I have a bachelors and a couple years experience). I make more than the Master's holders because of my experience. Professional qualifications and certifications also can be a better return on investment than a Master's degree and a lot cheaper to get. The problem being that Master's degrees can often be too broad and not teach anything you can leverage for pay. I have a Chem degree, thought about going to get a Master's for years, then finally decided not to because a) I work way too much to go to school and b) after five years experience (and from my own experience in the workplace, sometimes out the gate) the pay rate is the same. Getting a masters degree may make your job more technical, but it won't really boost your pay rate.
It ain't only experience that counts, there are too many factors to consider, overall business are there to make money and for the most part, don't care about education as most educators seem to stress, yes education is good, as the saying goes; the more you know the better, but that's even debatable. Anywho, if you can prove you are good for the type of job you want most employers will hire you.
Having employed over 10,000 people in over 15 industries in nearly 20 years. I can say confidently…Get the masters. Get it out of the way. Just get it done. People look for logical reasons to be flashy, lazy, or rebellious. Education is to be valued. If you don’t believe so, you probably haven’t met enough people in different the right tax brackets. I was successful without any formal education. I later saw the value in education. I have been everything from a Managing Partner to a CEO. Get the Masters. Limiting yourself for fear of being overqualified is ridiculous. That mindset alone will get you no meaningful, sustainable success.
For Americans watching this, you could get a master's degree in Canada for around CAD 30,000, in terms of tuition fees, as an international student. Adjusting the current exchange rate, this would represent about USD 22,000.
Degrees delivered by Canadian universities are recognized in most Western countries, including naturally in the U.S. (there might be some restrictions in some fields protected by a professional order, though). Alternatively, with a Canadian master's in a field such as computer science (some Canadian work experience while studying is a plus), you have pretty good prospects of being selected as an economic immigrant via the Express Entry program or provincial nomination program.
Why would Americans want to immigrate to Canada? According to USNews, Canada ranks third worldwide in terms of quality of life (e.g. a universal health care system).
Notably, as a local student, a master's degree in my alma mater costs between $5500-6000 in tuition fees plus some $2000 for the insurance, student association, and related costs. One might argue that studying a public French-speaking university founded in 1968 is not very glamorous, which is a fair criticism if compared to legacy institutions such as Oxford or Award. Yet, in the great scheme of things, even a publicly funded university aimed at low-income/low-social-class French Canadians still manages to score at the 31st percentile worldwide...
Also, one doesn't necessarily need to apply at a low-tier university since universities such as the University of Toronto, the University of British Columbia, or McGill University are comparable to Ivy League universities in the U.S. (please note, though, that Vancouver, Toronto, and Montréal are expensive cities to live in).
References:
www.canada.ca/en/immigration-refugees-citizenship/services/immigrate-canada/express-entry/works.html
etudier.uqam.ca/cout-bourses
www.usnews.com/education/best-global-universities/canada
www.usnews.com/news/best-countries/rankings/quality-of-life
www.usnews.com/education/best-global-universities/university-of-quebec-montreal-504868
Id say in California getting an internship is far better than getting a masters for most fields. Just that the competition is pretty intense when it comes to applying for internships so you gotta locked in.
It's still satisfying having full Masters Degree (Mathematical Statistics) but now I work computer science spec. in AI and I help new people to get going future development and is tons of fun. True not using my Masters in work but still feels good to have somehow. Actually if for economy probably working in industry from beginning would have been much better.
I racked up 30k for undergrad, and I will pay around 10k for masters part time. Go to cheap schools. Look for tuition reimbursement. It's not worth it otherwise. Btw my masters is at an expensive, prestigious institute, but my employer is paying for it.
how did your employer end up paying for it?
@@hillarytran8844 They offer 90% tuition reimbursement.
$3,100 per month X 24 does not equal $75,000 per month. Just an FYI
Higher digree means employee price charge is higher
If me as normal employee can do better by thru training than who got into colladge for cheaper employer would like to keep those for long
I'm thinking about doing a masters degree in art psychotherapy. I think it will be worth it, because I will be converting my arts degree into something that serves better mental health to the community that doesn't find talking therapy suitable, and will probably survive AI as a career.
Frank is actually a candidate for a PhD program. Rarefied air qualified to research, teach or head a department.
Btw those research positions have a stipend.
I got extremely lucky. Got an MBA, well paying job AND student loans cancelled. I hit the lottery.
Literally graduated three months ago, and have been working as a plumber apprentice for a month.
does not really apply to stem
This of course does not apply to any career that requires documented progression and almost guarantees corresponding salary increases (nursing comes to mind, as well as finance, non-software engineering, etc)
Hi Tina, not related but when’s your next study with me? I can’t see upcoming ones in the Google calendar?
4:44 - If the poster has the resources to get a masters degree in network engineering, this person was definitely misled. He'd have been better served getting a CCIE or CCNP certification (or any vendor cert over a masters degree). Businesses want networking practitioners (i.e. certification), not theoreticians (i.e. Masters Degree).
In any case, automation and cloud services are diminishing the need for network engineers. Network engineering will never go away entirely, but it will never be what it was 15 or 20 years ago. From 2000 - 2010, networking was incredibly niche, but in-demand and high paying.
The degree sounds fake. Computer networking is a branch of computer science. Its an application of graph theory.
In networking you don't need a degree just CCNA sec+ and CCNP, CCIE is for experts of experts
Get a job first then ask your boss what could take you to the next level in your career sometimes it’s a masters or a certification you also might be able to get your work to help pay for it
Another interesting calculation on this is to take with the salary of median job that does not require a master's and take the Additional increase in salary. And see how long it takes to pay off the masters.
Seems like a clickbait title here are tons of jobs where you can't get hired without a master's degree.
That is true, even if you only have a bachelors but no experience you will have a very hard time finding a job. Real work experience is everything, even if it takes you 6 years to finish a 4 year degree but you come with 3 years of experience because you worked during school, you will be by far more desirable than if you just focus on school and finish bachelor's + masters in 5 years
Too late currently finished a masters in engineering (thesis route).
Good video, very accurate ROI calculations. College now is way overpriced, but maybe a low-cost 2 yr community college degree is ok. Better to find a good company/org., and let them pay for a degree that is truly relevant (business, accounting, science, engineering, comp sci, whatever).
By Healthcare you would also include public health right? Bc the issue is like to do many public health related jobs with decent pay you HAVE to have a masters or to get experience you have to be a masters student. Like besides an ORISE fellowship there is hardly anything you can do in public health without a masters unless you are well versed in biostats/informatics which is NOT my field
This video came at a good time cause it's a bit harder for us millenials to wash off the concept of not doing a master degree after we've ammased some work experience under our belts cause that's just how we saw our uncles and aunts do it as they kept progressing in their careers, particularly for us on the Tech management side.
The GeorgiaTech OMCS online Computer science masters seems to be what everyone likes ro recommen for quality, and content relevancy, but I still find it too closely tied to programming and not blending project management and other leadership and business courses which a mid-level tech professional wouldn't mind enrolling for as it's still revelant to what they do on a daily basis and will guide them even in more senior tech management roles later on it their career.
Looking for suggestions for online masters that can fit such a bill
I don't agree esp when you want to be a research scientist or a data scientist. Also, if you want to work at a FAANG with the research position.
I declined on doing a masters 12 years ago. Even back then I realized a masters might make me over qualified and it would have wasted my time and money.
Would love a video on masters degrees you think are worth it. Or even other non degree focused paths !
i am getting it because i have nothing else to do.. there’s no employment and freelance jobs are not paying me..
Almost finishing my Masters degree, I got my internship in Data Analytics. 📊 After watching this, made me doubt myself.
nooo don't! I'm just raising up a point to do some research before diving into a master's degree. Not saying that all master's degrees are bad.
You got an internship out of the degree which means you have some experience
@@TinaHuang1hello there
Thanks for all your wise advice Tina. I was just starting to ask myself if I need to rethink my decision not to pursue a Master's because everyone around me seems to be pursuing one, and you reiterated why it's a bad idea. One idea for a future video: I stumbled into working on the Salesforce platform at work. Is it worthwhile to specialize in one specific kind of software, or try and stay software agnostic when programming?
In India its diffrent rn there is huge unemployment issues and kind of inside a job resscion for tech. the one way to look at this is if you did a 3 year ug. its better to go to a 2 year PG and work on your skills. employers ( startups ) doesn't mind what is level of qualification, when it comes to Service based MNC and you love to work in a dev team you need a PG or a BTECH
I wasn't planning on getting one in this lifetime unless a company or someone plans to fully finance and pay for it for me...
I am Going into trades and leaving the country after I get my red seal
Just completed my masters degree and now this video drops!!
I have two masters degrees and count them both as garbage. Neither really helped me advance or earn that much more money. All the time I spent in class, studying, researching and writing papers was time taken away from my family. Fortunately, my employers paid for both degrees.
thank u for doing the math on camera, it feel more personal than throwing numbers on the screen
The college degree is the new high school diploma.
In 2017, absolutely. We’re in a skills-based job market now, so employers in non-STEM fields have reverted back to bachelor’s degrees being “preferred.”
Hey! Look into how hard it is to get into the trades.
Its not a simple "go to this and itll be simple" the ladders have been pulled up from the generation before us.
yep that's why I said I'm NOT telling people to just go into the trades. It doesn't solve the underlying problem. I'm asking people to not blindly believe that getting more degrees == better :)
Degree works like free market. everyone can get a job if they are willing to start with a below average wage. More people having high education Degrees will decrease the value it brings. Vise versa. Overqualified just means you are asking for more money than they are willing to pay.
over qualified also means you are dissatisfied with the position, hence troublesome.
I have an MSc and this is so relatable.
do it if u want to switch careers into swe and data science. if u already majored in cs undergrad, don’t do it unless u already found a job. having a masters does help, but won’t be the main factor. work experience beats a masters. work experience and a masters is a bonus
I mean in other countries it can be way different. Also some people like to do degrees because they enjoy studying and enjoy the uni experience
I just finished a masters for $11k from a no name state university. I dont regret getting the degree but i regret taking out loans for the degree. Its worthless