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Data on Economic Payoff of Master's Degrees

January 8, 2018

The economic value of earning a master's degree varies considerably by the subject matter of the degree, according to a report being released today by the American Enterprise Institute. The study is based on data from three states -- Colorado, Florida and Texas -- that track program-level earnings after graduation. The master's degrees with the greatest income gains were in business, information technology, engineering and real estate. Gains over earnings with a bachelor's degree were minimal in fields such as philosophy, art and early-childhood education. The report urges states and the federal government to collect and make available more data on earnings patterns, so that prospective students can judge programs before enrolling.

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Scott Jaschik

Scott Jaschik, Editor, is one of the three founders of Inside Higher Ed. With Doug Lederman, he leads the editorial operations of Inside Higher Ed, overseeing news content, opinion pieces, career advice, blogs and other features. Scott is a leading voice on higher education issues, quoted regularly in publications nationwide, and publishing articles on colleges in publications such as The New York Times, The Boston Globe, The Washington Post, Salon, and elsewhere. He has been a judge or screener for the National Magazine Awards, the Online Journalism Awards, the Folio Editorial Excellence Awards, and the Education Writers Association Awards. Scott served as a mentor in the community college fellowship program of the Hechinger Institute on Education and the Media, of Teachers College, Columbia University. He is a member of the board of the Education Writers Association. From 1999-2003, Scott was editor of The Chronicle of Higher Education. Scott grew up in Rochester, N.Y., and graduated from Cornell University in 1985. He lives in Washington.

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