HongaarseBeer

There are a few problems with what the author is saying. First the argument that Master's degrees aren't worth it because everyone has one is... super dubious. Not everyone has a Master's to begin with, and even if it were true, standing out by not having one wouldn't be the best idea.

Then there's the cost argument... well it's true in the US but also a non-issue in many European countries. So it really depends on where you live and what you can afford.

People should study for a Master's degree if they can, and if it's an advantage in order to find a job in their fields of interest. And atm, it's an advantage in many, if not most fields. Even if the degree you have isn't exactly related to the job you're applying for, a Master's is the guarantee that you have the ability to think and learn. Recruiters generally appreciate this, and this shouldn't be underestimated.

I fully agree with you. Though I do see the declining value of a Master's degree like the author pointed out, being it to some extent. However, like you said, in this case, it is better to be one of many people with a Master's degree than to be one without one. It won't necessarily make you stand out positively (if having a Master's degree is common in your field) but at least it prevents you from experiencing the possible disadvantages of not having one.

Now, for the cost argument: in her case, she's non-EU (I think), which makes it incredibly expensive to study. Of course, it's still not as expensive as the US, but even then it's costly. The argument that education in the EU is cheap is relative. For example, education in the Netherlands used to be free (or nearly free) of charge. Due to budget cuts etc., this is no longer the case. It is still cheaper than the US, but more expensive than most countries within the EU.

Then there are some fields of work that require a Master's degree if you want to be able to continuously develop yourself in your field. If I want to keep on developing myself in the field of Accounting, I will have to follow a Master's degree. Heck, I even have to follow a post-master degree if I want to keep growing...

So personally, I think you should always go for that Master's degree

Thanks for your thoughts on this