Is 36 Too Old to Start a Postgraduate Master’s Course?
Many students wonder if it's too late to start a postgraduate master’s course at 36. The short answer is no; there is no age limit for pursuing a master’s degree or any higher education for that matter. My dad started his master’s in finance at the age of 58, and we couldn’t be happier about the experience. Regardless of your age, there are numerous reasons to consider a master’s program, not to mention the potential benefits it can bring to your financial and personal life.
Benefits of Starting a Master’s Degree Later in Life
Investing in your education later in life can lead to several positive outcomes. Financially, a master’s degree can provide you with the much-needed spending money. My dad, after completing his degree, was able to contribute generously to other areas, including our family budget. Moreover, for those considering a master’s as a career change or skill upgrade, learning new skills can open up new opportunities, including higher-paying jobs.
Online Degrees for Flexibility
For those who prefer to balance education with work and personal life, online degree programs offer a flexible option. Getting a master’s degree online can help you avoid the stigma that older students might feel in traditional college settings. If an online degree is the route you choose, I recommend checking out OnlineDegree for resources to find the best online schools for your needs. Some of their articles offered a detailed look at Master’s in Finance, which might be beneficial for your research.
The Average Age of a Graduate Student
A recent study by the Council of Graduate Schools (CGS) indicates that the average age of a graduate student today is 33. Interestingly, this figure has remained fairly constant over the past few decades. In doctoral programs, students tend to be a bit older. However, the notable increase has been in the proportion of non-traditional students, including those returning to school after a hiatus or those who never entered a traditional college program.
Reasons People Wait to Get a Master’s Degree
Characters like Dan from Forbes Magazine report that many students are keen to get a master’s degree to upgrade their skills and remain competitive in the job market. According to Forbes, only 58 percent of students graduate with a bachelor’s degree within six years, and many take longer, or even drop out. These statistics highlight the challenges of a traditional four-year bachelor’s program. Coupled with the typical stress and burnout experienced by students, many choose to take a break or simply need to balance family and work responsibilities.
Non-Traditional Educational Opportunities
For non-traditional students, brick-and-mortar institutions are increasingly offering evening and online classes to accommodate their schedules. For those who are older or are returning to education, online degree programs provide a flexible alternative. For example, Brookhaven College in Texas has created specific programs for learners over 55, though they typically take selected courses rather than full degree programs.
Moreover, there are numerous scholarship opportunities designed for non-traditional students. These scholarships can alleviate financial burdens and make higher education more accessible.
In conclusion, there is no age cap for pursuing a master’s degree. Whether you are starting at 36 or later, it’s never too late to further your education and enhance your life. As long as you are committed to the journey, there are numerous resources and pathways to success.