More of these students should certainly give statistics (or one of the newer data science degrees) a hard look, given that a bachelor’s degree is borderline compulsory these days. If everyone else going for that bar job has a degree, you’d better have one too. 4. There’s simply zero evidence that getting a college degree is anything but “worth it.” Nonetheless, the questions persist as to whether colleges help people get good jobs. Almost half of all college students drop out before completing their degrees. It's hard to say whether college is "right for you" because not everyone is the same. There are many interesting jobs that a statistics degree will qualify you for. Because complex statistical data is a centerpiece of modern life, there are innumerable ways to use a master's in statistics in both the public and private sector. The BLS shows that demand for statisticians will rise by 33% by 2026. It’s worth it. Just be sure to include computer science electives, even if you have to take courses beyond the degree requirements. "It's more expensive to get a degree than to get work experience." Most statistics master's degree programs require 1-2 years of full-time study. However, it would help to take classes specific to the field you want to enter and it can be a challenging degree. Students will take courses in applied statistics, theoretical statistics, and probability. Everyone's situation is unique. We know that a good college degree is a solid path to avoiding unemployment, but attending college is in no way an easy undertaking. The average tuition for higher education is not affordable for many people. The foundation in mathematical statistics, probability theory and research design will give you the skill set to branch off into different directions, such as survey research, finance, biostats and epidemiology, etc. Is College Worth the Debt? So, is a statistics degree worth it? "For young people who are not sure it may be worth doing something else before they start the degree. We all have our own unique circumstances, financial and otherwise. It’s becoming more common to have a degree in jobs for which you wouldn’t have needed one 30 years ago.

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