More students enroll in business, education graduate programs

More than half of all students who earn a master's degree study either education or business.
More than half of all students who earn a master's degree study either education or business.

According to a newly released report by the National Center for Education Statistics, there were about 656,800 master's degrees given to students in the 2008-2009 academic year. Of these many individuals who were awarded this advanced credential, over half studied either business or education.

The report shows that while 27 percent of graduate students earned degrees in education, about 26 percent pursued business credentials. This number has increased drastically since the 1998-1999 academic year.

During the 2008-2009 school year, there was a 49 percent increase in the number of people who completed their master's degree programs compared to a decade ago. In this time, about 51 percent more students enrolled in education programs while business courses of study saw a 57 percent growth.

Many individuals who enroll in master's degree programs for education or business hope to see more job opportunities. According to the Bureau of Labor Statistics, a graduate credential in either field can open doors to new positions.

For example, students who earn a master's in education may be qualified to teach at some colleges and universities. Similarly, a graduate degree in business can allow a professional to become a top executive.

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