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. Students will take courses in applied statistics, theoretical statistics, and probability. Everyone's situation is unique. However, it would help to take classes specific to the field you want to enter and it can be a challenging degree. It’s becoming more common to have a degree in jobs for which you wouldn’t have needed one 30 years ago. We all have our own unique circumstances, financial and otherwise. The BLS shows that demand for statisticians will rise by 33% by 2026. Just be sure to include computer science electives, even if you have to take courses beyond the degree requirements. Almost half of all college students drop out before completing their degrees. The average tuition for higher education is not affordable for many people. We know that a good college degree is a solid path to avoiding unemployment, but attending college is in no way an easy undertaking. 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. 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. If everyone else going for that bar job has a degree, you’d better have one too. So, is a statistics degree worth it? 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. Is College Worth the Debt? "It's more expensive to get a degree than to get work experience." "For young people who are not sure it may be worth doing something else before they start the degree. Most statistics master's degree programs require 1-2 years of full-time study. There are many interesting jobs that a statistics degree will qualify you for. It's hard to say whether college is "right for you" because not everyone is the same. It’s worth it.

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