Why a Bachelor’s Degree is No Longer Enough

by | May 21, 2021 | Blog | 0 comments

While a college degree still holds value among employers, many jobs that used to require a bachelor’s degree now require a master’s. In today’s economy, this means most college students must spend more time preparing for their dream jobs. It also means generating as many marketable skills as possible along the way.


Employment Rates Are Higher for Careers That Require Master’s Degrees

In 2020, careers requiring a master’s degree or higher showed an unemployment rate of less than 2 percent, according to Investopedia. Conversely, careers that required only a bachelor’s degree had an unemployment rate well over 2 percent. This may not sound like much until you’re the only candidate in the room with a 4-year degree.

It’s also important to note that a student’s choice of career field plays into the equation. Students who choose highly competitive careers such as management or finance, where there are more job seekers than available jobs, obviously need to aim higher and show proven results.


A Master’s Degree Boosts Your Advantage Over Other Applicants

But there’s good news, too. In 2021, employers may be more impressed with your skills as a team player and verbal communicator than they are with your grade-point average. This is especially true for entry-level positions that offer strong opportunities for advancement. Finding the right person the first time saves a company money in training and recruitment, two important statistics of which every hiring manager is highly aware. 

Therefore, if you can impress your future employer with the skills on your resume and your personality in the interview, your master’s degree could be the article that seals the deal, and it will give you the advantage over candidates who possess only a bachelor’s degree.


Earn Your Master’s in Marriage and Family Therapy

Students who possess a master’s degree in marriage and family therapy can choose from a wide variety of career options. This field anticipates faster-than-average growth through 2029 and offers much in the way of job stability and longevity.

Begin earning your master’s degree in marriage and family therapy at Campbellsville University’s Phillips Graduate Institute’s Masters of Marriage and Family Therapy program today. Visit us online for more information, or attend our upcoming online information session to learn more.