A college education has never been more important to a potential employee. A degree generally opens doors to opportunities that would not exist for an individual without it. Although time and dedication to studying are a large part of what it takes to graduate, it is still not the entire picture. You must also analyze the financial aspect of earning this degree and whether it is worthwhile in your individual situation.

Degrees are often touted as the best solution for anyone in the job market regardless of the field they are entering. It is true that a degree often passes you through from the stage of "don't even consider" to "a possibility" in the eyes of a hiring manager. But what is often not discussed are those who have earned and spent a considerable sum but are not realizing the benefits of the investment. There are several instances where a candidate may spend thousands of dollars and yet cannot recoup their investment because of job shortages or simply low pay in the field.

Before considering going back to school you should research the field you are entering and find out what the average income would be. If the field averages for example $40k per year yet you are looking to spend $50k for education, it would have to be something to consider as your investment would not pay for itself for quite some time. But average income figures are not without fault as the field may be saturated or at a point where jobs are declining. A decade ago an IT-focused degree would be a sure ticket to a successful and high-paying career, but as many now realize the field is prone to over saturation and outsourcing. Now a successful IT career requires specialization in a certain expertise and experience to back it up.

If after careful evaluation you find that investing in higher education would not pay for itself then it is not the end of the line for you. There are several well-paying professions that do not need a degree and are not prone to some of the economic cycles that drive many careers in the marketplace. These sorts of jobs are mechanics, plumbers, electricians, A/C techs, salespeople, and construction. Many of these jobs require certifiable skills but not necessarily 2-4 year degrees. These jobs are also constantly in demand and almost necessary so it means a layoff is not as likely. Although on average these jobs may appear to pay less than those with degrees, if you were to consider the amount of time and the cost associated with a college education it would sway the results differently.

The decision to return to school is not one to be taken lightly. Careful consideration should be placed on all factors related to your decision. Sometimes the most obvious choice is not necessarily the best one for an individual. Go with what makes sense for you and follow through with your decision to the best of your ability. By doing that you will find success regardless of what certifications or lack thereof you may have.