The average income boost that comes from grad school is 25% — or 60-150% if you graduate from a top business school.
. But if your true passion is climate change, you may end up excelling and having a more lucrative long-term career, but struggle financially in the short term. All this to say, if you’re not committed to the subject you’re studying enough to go into debt for a few years, the risk probably isn’t worth the degree.
It seems, then, that the decision to go or not to go to grad school is as complex as uncertain, for there are no clear-cut arguments in favor of it or against it. To be sure, it is not easy to predict what the ROI of grad school will be, though the factors outlined here may help you assess your own individual circumstances. Like any big decision in life, this one requires a fair amount of courage and risk taking.
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