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Five Advanced Degrees Still Worth the Debt

Nov 1st, 2013 | GMAT, Grad School, GRE, Law School, LSAT, MCAT, Medical school, Money

 

From Kiplinger, five graduate degrees that tend to pay off in the end:

  1. M.D.    Physicians’ incomes range from about $188,000, on average, for family practitioners to more than $485,000 for orthopedic surgeons. As the population ages, job prospects for physicians will continue to be robust.
  2. Master of Public Health.    Average income: $90,970. As the health care industry changes and expands, MPHs will be increasingly sought after.
  3. Doctor of Pharmacy.    Average income (pharmacist): $106,630. We all still and will continue to need medication, as well as help navigating the changing health insurance landscape.
  4. M.B.A.    Here’s a degree that’s necessary for hiring within certain firms. Some companies will even pay for their employees to get an MBA. Job growth for business management analysts should be strong over the rest of this decade.
  5. Lawyer.    In particular, jobs at big private firms, where new lawyers earn a median annual salary of $160,000. In our supersaturated legal job market, these jobs are harder to come by than ever.