As graduates from bachelor's degree programs attempt to enter the workforce, many are finding that the workforce has decreased interest in them. Many job listings will state "bachelor's degree required, master's degree preferred," and a master's degree may offer a higher starting salary, encouraging students to add another degree to the education section of their resume. One recent survey discovered that as many as one-third of employers are increasing the education requirement for new employees. "The majority of employers (61%) say they are looking for more educated candidates at the mid-level skill level, but 46% are looking to hire better-educated candidates at entry level" (Fast Company, citing a national survey by CareerBuilder). As the changing workforce begins to require more specific degrees, specializations, and skill sets, masters degree programs are poised to help students gain an advance degree in a more particular field than the broad apporach of a bachelor's degree.
Will people need to obtain an advanced degree in order to stay relevant and desireable in the work force? And at a time where most families can hardly afford a four-year degree, is this a standard that ensures the elite retain access to the best jobs?