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A bit of research reveals that on average, people with Master's degrees do earn more than people with Bachelor's degrees. In my state, their average starting salary is over $3000 greater. However, how getting a Master's degree will effect your income really depends on what you get a degree in. A Bachelor's degree in computer science or engineering will open the door to different careers than an MFA in theater, for example.

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Q: Is there a difference in the salary of people who received Bachelors degrees an those who received Masters degrees?
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