Obtaining a master’s degree for additional job security

While earning a bachelor's degree can be a viable way to find a job and begin a career path that suit your personal interests, it can be tough to hold a position during an economic downturn. When the unemployment rate begins to rise, those with less experience and education tend to be the ones who are hit the hardest.

The U.S. Bureau of Labor Statistics reports that in 2010, the unemployment rate among individuals who held a bachelor's degree was 5.4 percent. While this does not seem like a large amount of people, it is a bigger number in contrast to the unemployment rate of individuals with a master's degree - 4 percent.

If you're concerned about job security, you might want to think about going back to school in order to obtain a master's degree. Doing so can also make you more qualified for higher positions that may pay better than your current job.

To make ends meet while you're in school, apply for college grants and scholarships. These financial resources can be used to pay for everything from tuition to housing.
 

Be Sociable, Share!

•