If you’ve been asking yourself, “Should I go to grad school?” you’re not alone. Whether you’re looking to level up your career, pivot into a new field, or gain a competitive edge in today’s job market, graduate education can be a smart investment, especially during uncertain economic times.
With recent headlines warning of a possible recession, many professionals are weighing their options. Economic slowdowns often come with layoffs, hiring freezes, and increased competition for a shrinking pool of jobs. In this environment, a graduate degree can offer a measure of protection and help you future-proof your career.
So, how do you decide if graduate school is the right next step for you? Start by asking the right questions.
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Will Grad School Help Me Reach My Career Goals?
Graduate education should be more than a resume booster. It should open doors. Whether you want to lead engineering teams, manage business finances, or drive innovation in tech, a wide range of graduate degrees are designed to align with today’s industry needs.
High-ROI Graduate Programs
- Master of Science in Computer Science – With demand for software developers, cybersecurity experts, and AI specialists on the rise, this program prepares you for cutting-edge roles in tech.
- Master of Business Administration (MBA) – Learn how to lead in today’s global economy with concentrations in finance, marketing, business analytics, and more. Our MBA is AACSB-accredited and built for working professionals.
- Master of Science in Engineering Management – Perfect for engineers looking to move into leadership roles without leaving behind their technical background.
- Master of Science in Nursing – Advanced practice nurses are in high demand, and this program offers flexible options for working professionals.
- Master of Science in Finance – If you’re aiming to grow your career in banking, investment, or corporate finance, this degree delivers the advanced skills employers value.
In fields like education, nursing and accounting, a master’s degree is often required for licensure or advancement. If you’re hitting a ceiling in your current role, graduate school could be the key to unlocking your next opportunity.
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Is It Worth the Cost?
Let’s talk numbers. Graduate education is an investment, but where you earn your degree matters. Nationally recognized public research universities will offer you a top-tier education at a fraction of the cost of many private institutions.
You may also want to consider schools that provide financial aid through assistantships, scholarships, or employer tuition reimbursement programs. When you consider the long-term salary boost that comes with a master’s degree, the value becomes clear.
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Can I Fit Grad School into My Life?
Life is busy, we get it. Whether working full-time, raising a family, or juggling both, try to find a program that meets your scheduling needs. Many schools offer flexible options, including fully online, hybrid, and evening courses.
But beware of highly flexible, online programs that cut corners on quality. At schools like UMass Lowell, you’ll learn from the same expert faculty who teach on campus and have access to the same career resources, whether you study online or in person.
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Will Grad School Help Me Stand Out in a Crowded Field?
A graduate degree can be a clear differentiator if you’re applying for jobs that hundreds of others also want. It shows employers that you’ve mastered complex material, can manage long-term projects, and bring leadership potential to the table. It can also help move your résumé to the top of the pile.
Also, during economic downturns, advanced credentials can be your competitive advantage. A master’s degree doesn’t just show that you’re committed—it positions you as a specialist with deeper expertise. That can translate into stronger job retention, internal advancement opportunities, and better protection in a volatile market.
Ready to Decide?
If you’re still wondering, “Should I go to grad school?”—think about where you want to be in five years. If the path to that future includes a graduate degree, choose a program that balances quality, cost, and career impact.
At UMass Lowell, our degrees carry weight. Our programs are known for their strong return on investment without the price tag of a private university. Our graduate programs are accredited, respected, and ranked among the best in the country by U.S. News & World Report, The Wall Street Journal and Fortune Magazine. Employers recognize the quality of a UMass Lowell education and know our graduates are ready to lead.
Explore Graduate Programs at UMass Lowell