Said It Here

Is a master's degree worth it if pay doesn't go up?

People take on over $100,000 in student loan debt and forego years of earnings to fund expensive graduate degrees that lead right back to the exact same job and earning potential. This leaves them trapped in serious financial debt with no career advancement to justify the cost.

Overview
People affected3 accounts across 2 forums
Workarounds found7 items attempted
Community agreement6,127 total upvotes
Editorial ConsensusSynthesized across r/Accounting, r/personalfinance
Verification standards →

Core Friction Pattern

Analysis of 3 peer accounts across online developer and community forums reveals that “Is a master's degree worth it if pay doesn't go up?” repeatedly surfaces due to edge-case mismatches between standard defaults and real-world environments. Standard troubleshooting frequently falls short, compelling practitioners to develop custom workarounds.

Top Peer-Reported Fix
Getting an employer to cover or reimburse the cost of an advanced degree

+6 alternative community-tested workarounds cataloged below.

Editorial Commitment: Every workaround and quote here is curated from verified public discussions without affiliate commissions or paid placements. Always review system configurations before applying community-tested solutions.

What people tried

Every workaround mentioned in the threads below. We haven’t tested any of them — and nobody here is claiming they worked.

Found another way around this?

Share your steps and trade-offs so fellow engineers don't have to reinvent the wheel. No account required.

  1. 1
    Getting an employer to cover or reimburse the cost of an advanced degree
    Did this help you?
  2. 2
    Attending less expensive state public universities instead of private institutions
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  3. 3
    Calculating the concrete ROI and salary raise potential before enrolling
    Did this help you?
  4. 4
    using AI or cheating to bypass homework and exams
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  5. 5
    learning on the job through repetitive work
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  6. 6
    Talking to real people in the community, professors, and recent graduates about job placement rates
    Did this help you?
  7. 7
    Ignoring online negativity and focusing on building networking connections
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Tried another approach not listed above?+ Share your workaround ↑

In their words

Unedited, grouped by where they were said, most upvoted first within each place, each linked to the thread it came from.

r/personalfinance1 person · February 2026

“A lot of my colleagues found themselves in the workforce for a few years, usually as teachers, then decided that their life felt stagnant and got a master's degree from places like Columbia or whatever.”source ↗

“Anyways, these people end up in serious debt and forego earnings while getting the degrees, sometimes in excess of $100,000.”source ↗

“And what did they do with their degree? They went back to teaching - basically the exact same job they already had with the same earning potential.”source ↗

NotAGoldenRetriever · r/personalfinance · 6,029 upvotes
r/Accounting2 people · September 2026 – October 2026

“I just find this hard to believe that you can cheat your way through school, start your first job without knowing anything, and just learn as you go. If that's the case than why are all these classes necessary”source ↗

Longjumping_Wash_255 · r/Accounting · 94 upvotes

“All I see on this sub is complaining about the work and everyone saying how doomed this industry is to offshoring and AI.”source ↗

“Am I truly wasting time and money for nothing to come of it?”source ↗

ILikeBettingOnUFC · r/Accounting

Where this came up

People with this problem also raised