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> In some cases, they even have a negative return on investment — meaning degree holders spend more on graduate school than they can reasonably expect to earn l

by eigen 4y ago

> In some cases, they even have a negative return on investment — meaning degree holders spend more on graduate school than they can reasonably expect to earn later on. this is easiest to see in things like public education where a Master's degree will net you an additional $1200 stipend [1] though it costs ~20k to earn that Masters[2]. [1] https://4.files.edl.io/bb1d/06/30/21/132300-7b7e7b32-778b-4c83-b3ad-6172af643042.pdf https://4.files.edl.io/bb1d/06/30/21/132300-7b7e7b32-778b-4c... [2] https://onestop.utexas.edu/managing-costs/cost-tuition-rates/tuition-rates/ https://onestop.utexas.edu/managing-costs/cost-tuition-rates...

bsder 4y ago
I was under the impression that you needed to get a Master's in order to get your permanent teaching certificate. Is that not correct?
- eesmith 4y ago
  That is not correct. Eg, here's an example for Maine: https://www.maine.gov/tools/whatsnew/attach.php?id=794564&an=1 https://www.maine.gov/tools/whatsnew/attach.php?id=794564&an... (Requirements for the English 7-12 certificate). It requires a Bachelor’s degree, not Master's, Here's California: https://www.ctc.ca.gov/credentials/leaflets/Single-Multiple-Subject-Credentials-(CL-560C) https://www.ctc.ca.gov/credentials/leaflets/Single-Multiple-... ("Complete a baccalaureate or higher degree, except in professional education, from a regionally accredited college or university") Hawaii: https://hawaiiteacherstandardsboard.org/content/wp-content/uploads/REQ-STANDARD-LICENSE-rev9-20-21-1.pdf https://hawaiiteacherstandardsboard.org/content/wp-content/u... "Possess a bachelor’s degree".
alephnan 4y ago
In the case of education, doesn't it unlock career pathways like being a principal?
cudgy 4y ago
Many school systems allow for a masters degree to increase your actual pay scale as well, which not only impacts salary but increases pension payout as well. Teachers should get a masters asap to maximize the benefit over their career.

by eigen 4y ago

bsder 4y ago

I was under the impression that you needed to get a Master's in order to get your permanent teaching certificate. Is that not correct?

eesmith 4y ago
That is not correct. Eg, here's an example for Maine: https://www.maine.gov/tools/whatsnew/attach.php?id=794564&an=1 https://www.maine.gov/tools/whatsnew/attach.php?id=794564&an... (Requirements for the English 7-12 certificate). It requires a Bachelor’s degree, not Master's, Here's California: https://www.ctc.ca.gov/credentials/leaflets/Single-Multiple-Subject-Credentials-(CL-560C) https://www.ctc.ca.gov/credentials/leaflets/Single-Multiple-... ("Complete a baccalaureate or higher degree, except in professional education, from a regionally accredited college or university") Hawaii: https://hawaiiteacherstandardsboard.org/content/wp-content/uploads/REQ-STANDARD-LICENSE-rev9-20-21-1.pdf https://hawaiiteacherstandardsboard.org/content/wp-content/u... "Possess a bachelor’s degree".

alephnan 4y ago

In the case of education, doesn't it unlock career pathways like being a principal?

cudgy 4y ago

Many school systems allow for a masters degree to increase your actual pay scale as well, which not only impacts salary but increases pension payout as well. Teachers should get a masters asap to maximize the benefit over their career.