The job market is tough. Real tough. Darn tough. Only the most skilled, educated and savvy shall thrive. And, if you’re older than 45, your age can work for or against you. Offering exceptional skills based upon years of experience is a plus. Being closer to your retirement age without more skills to offer than your younger counterparts, isn’t.
When baby boomers, those folks born between 1946 and 1964, look for employment in this down economy, they may need to work harder to prove themselves than ever before. As a result, many are considering going back to school, especially online. Online courses can fit into a schedule filled with work, family and other responsibilities – like grandkids and aging parents.
Furthering your education with an online degree not only improves your skill set, it also shows that you care about staying engaged and successful in your career. This drive will be attractive to possible employers.
Does More Education Pay Off?
Beyond just helping you get the gig, more education can lead to more pay. I took a look into PayScale’s salary database to see what the difference is between pay for people with over 20 years of experience who have either a Bachelor’s or a Master’s degree. See below.
| Job Position | Degree | Median Annual Salary |
| Nurse | Bachelor’s | $65,104 |
| Master’s | $74,516 | |
| Regional Sales Manager | Bachelor’s | $107,008 |
| M.B.A. | $117,510 | |
| Mental Health Counselor | Bachelor’s | $48,112 |
| Master’s | $50,403 | |
| High School Teacher | Bachelor’s | $59,950 |
| Master’s | $63,100 |
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