Top Graduate School Myths in 2024
Higher education, including graduate schools, sometimes gets a bad rap. All too often, prospective students assume graduate school isn’t for them because of some persistent myths and skepticism about higher education. However, higher education institutions can dispel these graduate school myths by communicating their value to prospects clearly and effectively.
Here are three common myths that grad schools should address with their marketing content to put prospects’ minds at ease.
1. Grad schools aren’t worth the investment
One of the biggest misconceptions about grad schools (and higher education in general) nowadays is that it isn’t worth the investment.
On the contrary, obtaining a Master’s Degree translates into $3.2 million in lifetime earnings compared to $2.8 million in lifetime earnings for a Bachelor’s Degree holder. MBA graduates from the top 50 business schools in the United States, more specifically, will see a staggering $5.7 million in lifetime earnings.
Clearly, obtaining a graduate-level degree is worth the investment. To counter the myth that grad schools aren’t worth students’ time and money, higher education institutions should focus their marketing messaging and content around the value that an advanced degree brings to help prospects see that their hard work and financial investment in grad school is worth it.
2. Grad school is unaffordable
While it’s true that graduate school isn’t cheap, many financial aid resources exist to help students pay for the cost.
Loans, grants, scholarships, and academic fellowships are readily available to help students lower their tuition and overall grad school costs. In some cases, grad programs at certain institutions are fully funded, meaning that students graduate essentially debt-free. Plus, it’s important to remember that graduate degree recipients enjoy higher lifetime earnings compared to those without them, meaning that even though their initial upfront investment may be higher, the long-term financial payoff is worth it.
For graduate schools like yours, it’s important to communicate these financial resources in your marketing materials as a way to entice prospective students and convey that, even though the upfront costs may seem intimidating, financial help is available in many forms.
3. A full-time job makes it impossible to attend graduate school
Finally, another graduate school myth worth dispelling is that having a full-time job makes it virtually impossible to attend school at the same time.
This myth lies in the common misconception that graduate school is the same as college when it comes to time investment. However, the truth is that the vast majority of graduate schools tailor their programs with working professionals already in mind. That means that classes are more sporadic, often meeting just once or twice a week, and typically in the evening hours or on weekends to accommodate working professionals. In addition, many grad schools have increasingly adopted hybrid and remote options in the wake of the COVID-19 pandemic, offering even more flexibility for grad school students.
To boost enrollment, it’s important for grad schools to bust this myth in particular. Marketing content in the form of blog posts, landing pages, social media posts, email communications, infographics, videos, and more are all ways to convey the flexibility and student-friendly options that current grad school programs offer.
Convey value to prospects to debunk graduate school myths
While it’s no secret that higher education, including grad schools, has faced strong headwinds due to factors like rising costs and alternative career options for prospects, their future is still bright. By working to dispel these common graduate school myths, schools can position their marketing campaigns for success and stand a better chance of converting prospects into students.
Looking to boost your conversions and optimize your marketing efforts? Contact GPRS today to find out how we can help.
