The Master’s Degrees that give the biggest salary boost—up to 87% more money
In September 2020, the National Student Clearinghouse estimated that while enrollment in undergraduate programs for associate’s and bachelor’s degrees fell by 9.7% compared to 2019, enrollment in master’s programs increased 6%.
Most recent tallies for the Spring 2021 term found that while undergraduate enrollment has decreased by 4.9% since 2020, graduate enrollment has increased by 4.6%. But even as master’s degree enrollment has boomed, borrowers, activists and journalists have called attention to the student debt crisis — and the role that master’s degrees play in the country’s $1.7 trillion student debt total. However, the cost — and benefit — of a master’s degree can range significantly.
As part of their annual Salary Survey, the National Association of Colleges and Employers recently analyzed which master’s degrees created the biggest increase in earnings for graduates, known as a differential. They found that in 2021, a master’s in biology creates the biggest differential, with graduates earning approximately 86.5% more after their advanced degree.
Good news for teachers — a Master’s in Administration can give you up to a 50% bump in salary. Learn more about our Administration Program with the College of St. Rose here.
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CITE is the Center for Integrated Training and Education.
For over 25 years, CITE has and continues to train:
TEACHERS: General and Special Ed Masters (Early Childhood or Childhood), TESOL Masters, Special Ed license extension courses, Bilingual license extension courses, TESOL license extension courses, Early Childhood license extension courses
— in all five boroughs of NYC, Yonkers, Westchester, and Long Island. Currently all classes are online.
CITE PD: CITE offers CTLE-approved in-school or online professional development tailored to your school’s needs and your vision. We can work remotely with your staff and parents. Info: citepd.com