On Tue, 24 Jul 2012 11:43:18 -0400, "Mike Marlow"
wrote:



One of my daughters is the living proof of that. She got her undergraduate
degree in Psychology at a very good school in PA. Too bad - not a good
choice of careers if you are thinking about income. She could actually do
well if she entered the commercial market but like most socially aware young
people, she wants to "help people". Well - kiss income good by. She went
on and got her Masters, and her income level has only risen marginally.
Same issue - you get paid by the things of your heart, or you go commercial
and get real pay. Who knows where she will evetually end up, but this much
is really clear - she has more debt from that Masters program than she can
ever envision her way out of if she stays in her current type of employment.

So - you are absolutely right Leon - that advanced degree can eat up any
advantage it holds promise to.

Depends on your view of money. If she is happy with her life and
career with low income as opposed to being a shrink with big bucks and
sad life, she made the right choice.

My guess is that at some point she will trade helping people for a
better life of her own if she gets tired of carrying that student
debt.