I've written a lot about education, the value of it, how it's one of the best investments you can make to grow your net worth, and the like. Here is a sampling of what I've had to say:
- The Value of an MBA
- College Majors that Boost Your Paycheck
- The Value of an Education
- Facts on Education (and the Value of It)
- The Value of Education
- Almost Infinite Investment Return
- Comments: Almost Infinite Investment Return; Life-Long Learning
Given my history, I had to share this piece from USA Today about how MBAs are seeing a great financial return associated with their degrees. The key parts of the article are as follows:
Salaries and signing bonuses of fresh graduates took a double-digit jump in 2005 to a record average $106,000.
The $106,000 salary and signing bonus was up 13.5% from 2004, according to a GMAC survey of 5,829 2005 grads. Salary alone increased to $88,600, surpassing the previous high of $85,400 set in 2001. The 2005 salary still trails 2001 by about $4,000 when adjusted for inflation, but the inflation-adjusted record will likely be broken this year.
The trend is global, according to a survey out Tuesday by QS World MBA Tour. Average salary and bonus for new MBAs was up 10% in 2005 to $114,000, also breaking the record set in 2001.
As I said in The Value of an MBA, my degree has been an outstanding investment for me over the years. The two years of time and money (a small amount in my case) was well worth it.
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