How Much Is Your Degree Worth?

Contributed by mm | October 7, 2006 4:36 PM PST

Want to be a millionaire? Unless you want to start your own business, you'd better pick up a right educational degree. Here is some good analysis on how much your degree is worth.

From MSN Money:

But what they told me supported both common sense and what I've observed in the employment marketplace. For example:

- Associate's degrees are a slam dunk. These two-year degrees seem to result in a massive payback, compared to their relatively low cost, for a high school graduate.

- Ditto, usually, a bachelor's degree. Any bachelor's degree you get at a public university is likely to pay off handsomely, as well. If you're attending a private college, though, you might want to steer clear of education degrees.

- Some degrees are a step back. Thinking of a master's degree in a liberal arts or social sciences field? Let's hope you're in it for the love of learning, because on average there doesn't seem to be any financial payoff.

- Professional degrees rule. There's a reason why people borrow tons of money to attend law and medical schools. The return for a professional degree is huge.

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