How to Pay for Grad School As a Working Adult

A bachelor's degree isn't what it used to be. More and more, employers are searching for candidates with exemplary qualifications. A 2014 CareerBuilder survey revealed that 20% of employers targeted candidates with master's degrees for jobs that previously required a bachelor's. Earning an advanced degree is crucial within various professions, but that doesn't mean it's affordable. If your career is ready for a shake-up, consider these options. They can help you pursue a graduate degree with affordability in mind.

Employers rely on a skilled workforce to succeed, and many are investing directly into their employees' personal growth. One-third of companies surveyed provide tuition reimbursement according to the same CareerBuilder survey, and 81% of those offer at least partial funding.

Asking your boss about education opportunities isn't a bold request, especially if it's framed in terms that benefit the company. Do some research to learn which course of study will enhance your performance on the job, and create a formal presentation to highlight the program's strengths. Most companies will only sanction education expenses that benefit them directly, and this strategy is a great way to show that your perspective is on point.

Source: Fool.com