Workers with a master’s degree earned a reported $77,844 in 2019, $13,000 more than bachelor’s degree holders and twice the amount of those with just a high school diploma. See more detailed salary data in our chart below.
In a variety of industries, earning a master’s degree can fast-track career growth. A master’s education means more advanced skills and oftentimes preparation for management and executive responsibilities.
Online master’s degrees can help you change careers, both to new positions and to new industries. For example, if you have a bachelor’s degree in a non-nursing subject but want to become a nurse, a direct-entry MSN program can help you get there.
Many colleges with online master’s degrees allow students to choose programs with their own schedule in mind. Asynchronous programs, part-time study, and even accelerated programs can slow down or speed up learning to fit personal needs.
Online learning often cuts out some of the fees required for on-campus students. Many programs also have special tuition rates for online learning, or qualify for in-state tuition.
