If you’ve thought about graduate school, you’ve probably wondered: Is it really worth it? The answer depends on your personal goals—but when it comes to return on investment, the numbers speak for themselves.
According to a 2024 U.S. Bureau of Labor Statistics report, individuals with a master’s degree earn a median salary of $1,840 per week, compared to $1,543 for those with a bachelor’s degree. That’s over $15,000 more annually—and more than $600,000 over a 40-year work life. For professional or doctoral degree holders, the earnings are even higher, often exceeding $2,200 per week.
Graduate degrees expand possibilities
Beyond income, graduate degrees open doors to new career paths, leadership positions and specialized roles that aren’t available to those with only an undergraduate education. Many employers now prefer or require advanced degrees for competitive or supervisory roles, especially in fields like health care, education, business and technology. A graduate degree communicates to employers and those in your professional network that you have taken the initiative to invest in and successfully acquire advanced knowledge to lead and make an impact in your field.
Graduate degrees can lead to greater community impact
But, earning a graduate degree isn’t only about the financial return, it’s also about gaining additional personal and professional fulfillment and making positive impacts. Graduate degree holders not only enjoy more job opportunities and job stability, they serve as role models to their family and community members, are more likely to be homeowners, have access to better health care and enjoy longer life longevity, and are more likely to be engaged in civic activities that benefit their communities.
At the University of the Pacific, our graduate programs are designed with your future in mind. With flexible program formats, career-focused curriculum, and personalized support, you can earn a degree that pays dividends for years to come.
So, is graduate school worth it? If you’re ready to explore making a graduate degree investment in yourself, contact one of our graduate advisers who are ready to help create a plan that works for you.
