this post was submitted on 24 Jan 2025
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I don't buy this as a blanket statement. It highly depends on what sort of educational track you're pursuing.
At least in the US, there are many graduate level healthcare degrees out there that require you to pay for them. Yet they net a well paying career. Ex: physician associate, anesthesia assistant
If you're specifically referring to research-focused graduate degrees and not job-focused graduate degrees, then I agree with you.
My original comment was about the PhD specifically, which is necessarily research focused.
But even so, I'd argue that it is prudent as a blanket statement about grad school generally. Wages across entire classes of roles can stagnate relatively quickly -- more quickly than you can get a graduate degree -- and if it happens, you're still stuck with the grad school bill.
Entering a program which costs you directly means minimally taking significantly extra risk, and it should be presented as such.