Why A Business Degree Is A Good Investment

Why A Business Degree Is A Good Investment

Nowadays, education (and especially college education) does not come cheap. Tuition fees for most degrees run into tens of thousands of dollars. Those, for most of us, are the sums of money we could invest through other vehicles, to bring us good returns over a lifetime. And inasmuch as a college degree in professional fields such as online costs such sums of money, with a promise to bring much more over a lifetime, it also qualifies to be considered an investment - and be evaluated as such. It would have to be compared to other investments, the objective being to see whether it is a good investment (or whether the money put in the pursuit of such a business degree would be better spent in other investments).

Four reasons emerge as to why, in the final analysis, spending money on a online degree would make for a good investment decision:

1. The business degree is a portable investment: unlike other investments like buildings and businesses, which remain stuck where they are put, and which you cannot carry with you in times of instability, a business degree is 'portable.' When you invest money towards the acquisition of such a business degree, you are effectively investing in yourself. The skills you acquire become a part of you, and are skills you can put to work anywhere in the world.

2. The returns from a business degree (over a lifetime) are likely to be high: to most people's minds, the main criteria in considering whether an investment is worthwhile or not would be to analyze the potential returns from it. And in the course of such analysis, it emerges that every dollar spent in the pursuit of an online degree is likely to increase one's lifetime earnings several times fold. Studies have shown people with degrees to earn - on average - as much as a million dollars above what people without degrees earn. That is considerable sum of money, which you would have otherwise not earned. And it is a sum of money you earn on account of your having invested as little as 30,000 dollars (in some programs), towards the pursuit of your online degree.

3. The business degree raises one's social standing: in other words, it opens for you doors that would have otherwise remained closed to you. You come to realize that there are many things in the world you cannot do, unless you are a 'graduate.' You also come to learn that there is a correlation between social standing and economic earnings. Many of us imagine that it is higher economic earnings that improve a person's social standing. But the truth of the matter is that a person's high social standing can also improve their earning potential.

4. The online degree opens multiple opportunities: this becomes a relevant consideration when you are looking at the business degree against other degrees. That is where it emerges that most other degrees only open opportunities for employment (which is tricky, in a situation where employment opportunities are not always readily forthcoming - at least in the short run). However, a online degree opens opportunities for employment whilst also equipping you with the skills you need for effective self employment, in the event of your not getting employment position upon the completion of your studies for the business degree.

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