Research potential future employers and figure out what people are earning in roles related to your degree. Conservatively estimate your future annual salary after graduation based on your experience and education, and take note of raises and promotions. You can use sites like PayScale and Glassdoor to find realistic matchespare this with your current salary, or the salary of the job you hope to get without going to graduate school.
Eventually you want to arrive at a figure that roughly estimates how much additional money you’ll make over the course of your lifetime with the degree you’re pursuing.Continue reading