To: RetiredNow who wrote (232667 ) 5/14/2005 3:42:39 PM From: tejek Read Replies (1) | Respond to of 1574309 Nowadays, really you need a graduate degree to start unlocking the upper middle class income potential we all have. So I feel sorry for the poor working class, but in this country everyone has an opportunity to get educated. I know I did. My parents were poor immigrants and they spent every dime of theirs getting me educated. I also borrowed a hell of a lot to go to undergrad and then MBA school. But I'm doing just fine. In fact, I've received great raises and promotions in the last few years. So I didn't even noticed there was a recession. Have you applied to grad school lately? Its not easy to get in at all. I have a friend who was applying to grad. schools in clinical psych. His GRE's were well over 1400; he just graduated with a Master's from Harvard grad school and had a 4.0. Not only does he present well on paper, he does great in interviews as well. He applied to 8 grad schools throughout the country. He got rejected by all of them. And if you think that was an aberration.........I just applied to grad schools in education. With one school to which I applied, 250 applied for the 85 available positions; with another school, 245 applied for the 50 positions. With another program, 185 applied for 35 positions. This is in a metro area that has 7 schools which have a master's program in education. You would think there would be too many schools.....in fact, the opposite is true. Its cut throat trying to get into grad school in 2005. And without a Masters, you are screwed in today's economy. Nowadays, an undergrad degree is the past equivalent of a high school diploma. I am fortunate to have gotten into the school of my choice but I would be kidding you if I didn't tell you I was worried there for a while. ted