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View Diary: What about the pay ethic? (294 comments)

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  •  I have a masters degree (6+ / 0-)

    and I have NEVER made more than $35,000 a year. And that was back in the mid ’80s.

    De-orangify Congress: Justin Coussoule for Oh-08 http://www.coussouleforcongress.com/

    by anastasia p on Mon Nov 01, 2010 at 07:59:57 AM PDT

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    •  Geez (0+ / 0-)

      Folks, what was your master's in?

      For engineers, I'd say it totally pays. As a manager of a tech team, I see a huge difference in the level of engineering thinking between a BS and an MS, and salaries can start about 10-20% higher right from the bat. (this is in the DC area)

      Other disciplines (languages, arts?), maybe it doesn't pay. But please, before you put yourself in debt for the next 15 years, do the cost-benefit analysis.

      •  Interesting. (3+ / 0-)
        Recommended by:
        Odysseus, happymisanthropy, GMary

        I'm in computer science and won't get a masters.

        Why?

        Well I don't think it'll increase my salary but I know for sure should I lose my job and be in the situation of needing an entry level position I know that the advanced degree will knock me out of the contention for something that might let me get by.

        I see more downside to the post-grad degree than I do upside.

        "The power of accurate observation is commonly called cynicism by those who have not got it." -- George Bernard Shaw

        by Inspector Javert on Mon Nov 01, 2010 at 08:48:45 AM PDT

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        •  Yup, I see that (2+ / 0-)
          Recommended by:
          kurt, Inspector Javert

          Seems to be that if you get a masters right after your ugrad, it's worth it. By the time you get around it later, you've already established your pay scale, etc, etc. If you're worth your salt, you'll already be paid what you're worth, no matter the degree.

          So to recap - if you're entering the market with an advanced degree, it lowers the entry bar/raises your initial salary.

          Later on - it doesn't matter that much (salary-wise).

          IMO, of course.

          •  Yes. (0+ / 0-)

            My wife got her masters well after undergrad, hasn't done much for her. She makes 2/3's of what I do.

            Differing fields of course.

            I do think about getting a post-grad, but really it would just be a vanity degree.

            "The power of accurate observation is commonly called cynicism by those who have not got it." -- George Bernard Shaw

            by Inspector Javert on Mon Nov 01, 2010 at 10:00:54 AM PDT

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