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Mar 02, 2017 09:17 AM EST

Getting a master's degree has become some sort of a requirement joining the workforce. Meaning, most fresh college graduates are encouraged to obtain one after getting their bachelor's degree.

However, there are a lot of factors to consider before diving right in and enrolling for a master's. The decision to pursue further education must be carefully and consciously made.

Read on below for the advantages and disadvantages of getting a master's degree. This includes the benefits as well as sacrifices that students will have to make along the way.

The Pros

A master's degree would definitely make you stand out among other applicants and employees, Tripped Media reported. It would make hiring managers see you as someone who is willing to learn more since you already took the time to specialize on a specific field.

In terms of your career, a master's degree would make you more marketable and more in-demand. For those who want to shift careers, pursuing further education would be a good step to take. LiveCareer.com shared five questions that you should ask before enrolling for a master's degree. This includes knowing why you want one as well as when you should enroll and what degree would be best for you.

Some online programs offer master's degrees in various fields. These are more affordable and can offer fresh college graduates with more flexibility with their time.

The Cons

While there are some fresh college graduates who actually have everything planned out right when they started with their bachelor's degree program - including getting a master's degree, there are those who see further studies as a way of killing time as they determine what career path to take. This is an entirely wrong way of seeing a master's degree.

Grad school is a more difficult place, where standards and expectations are higher. This means that more self-motivation is required. Students should think about the additional cost, which will be on top of your student loans for college. It is going to be a huge investment and students ought to consider it carefully and consciously.

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