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Taking the Leap and Going Back to School... Is It Even Worth It?

February 29, 2024

If you’ve reached a point in your life or career where things are, well, getting stale and the chances of you getting a promotion, or a better paying job, seem to be slipping away, then perhaps you’ve considered going back to school to earn a degree.

But you may be wondering if it’s even worth it. It can cost well over $100,000 to earn your bachelor’s degree in person, and it could cost upwards of $75,000 to earn your master’s degree. That’s a lot of money (but there’s a way to do it much cheaper, we’ll explain in a moment).

Now, you probably already know - and you may be experiencing this at work - that people who do have college degrees generally make more money than people who don’t.

In fact, according to BankRate.com, people with college degrees can make a whole lot more money than those who don’t have one.[1] As you’re about to see, the average weekly earnings by degree level are much, much different.

People with no high school diploma make an average weekly salary of $682. With a high school diploma (or its equivalent) the average weekly salary is $853. Now, if you’ve got your bachelor’s, that jumps to $1,432. That’s more than double the amount of money than a non-high school grad makes, and almost double what a high school only grad makes.

However, if you’ve got your master’s degree, your average weekly salary is even higher at $1,661 a week, or over $86,000 a year.

So, if you’re wanting to earn, on average, more money, then getting your bachelor’s or master’s degree is something you should seriously consider. You see, over the course of your career, the difference in weekly earnings can really add up. We’re talking perhaps hundreds of thousands of extra dollars.

Now, if you do feel like you’re stuck in a rut, then going back to school may be a great way to help you get to the next level in life, and your career.

But going back to school is expensive, right?

Well, it can be. You see, if you’re going back to college in the traditional way (or going for the first time) you could be looking at a tough and relatively expensive road ahead. Like we said earlier, a bachelor’s degree, for example, can cost you four years and upwards of $100,000.

But…

There are ways to make that road much easier, and less expensive to travel. See, you don’t have to physically go back to college. You can earn your college degree (bachelor’s, master’s, and more) online!

What’s better, earning your degree online can be far less expensive than earning one in person. And School Match Pro is here to help you achieve this goal.

See, by enrolling in an online college program, you don’t have to live on campus, you don’t have to commute, you can work as you learn…

And classes can be much cheaper.

For example, if you enroll as an online student in a private college, as compared to attending that school in person, it would cost you about one-third the price to earn that degree.

One third![2]

This means that 66 cents out of every tuition dollar (compared to in person) could stay in your pocket.

Clearly, online college has its advantages, big ones. So, if you’re looking to relaunch your career (and inject some new energy into your life), you may want to seriously consider going back to school… online!

Here’s how you can find an online school that fits your needs:

Simply go to SchoolMatchPro.com’s homepage and click on “Begin Your Search Now”

It’s that simple.

It’s your life, it’s your career and it’s your education. Go for it!

[1] Average College Graduate Salaries | Bankrate

[2] Cost of Online Education vs. Traditional Education [2023]: Comparison (educationdata.org)

*Disclosure

School Match Pro is an educational consumer information source connecting students with programs, we do not provide direct educational services. School Match Pro is not responsible for education program content or for third party referral sources directed to School Match Pro or related pages. Educational program options vary. Programs may not be accelerated, available in all locations, or available both online and at on-campus locations. Financial aid may be available to those who qualify including grants, scholarships, and other programs. Financial aid and grants are provided directly to educational programs, not to students, unless otherwise noted. To receive financial aid and grants students must submit applications and be accepted to educational programs for which aid will be used. Employment is not implied nor guaranteed, and each program length and curriculum will vary based on the institution you select. School Match Pro offers information, ratings, and recommendations of colleges and universities at no cost to the consumer. School Match Pro receives referral, promotional, and/or advertising revenue from some of the schools that we review.

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