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Benefits of Master’s Degrees: Are Master’s the New Bachelor’s?

Considering the number of recent college grads taking positions they’re overqualified for and the mass of unemployed college graduates out there, some experts are staring to believe that master’s degrees have become the new bachelor’s degree.

More and more job openings are now advertised as “bachelor’s required, master’s preferred” and people have noticed the trend: master’s degrees are now the fastest-growing degree.

Richard K. Vedder, professor of economics at Ohio University and…