Erin Lowry, Columnist

Grad School Is Not the Escape You Are Looking For

Layoffs across technology and finance along with the threat from AI may make a higher degree seem a sensible bet. Don’t be fooled.

Back to school?

Photographer: Michael Okoniewski/Bloomberg via Getty Images

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The workforce can be a scary place for new joiners. Recently booming sectors like technology and finance are shedding staff. Daily headlines warn of artificial intelligence’s impact on all types of white-collar jobs. It’s enough to send many Gen Zers back to the comfortable bosom of academia in the hope that a few more years and an additional degree will unlock the promises of higher education.

The truth is grad school is a terrible idea if you’re using it to escape an unstable workforce, worried about finishing college during a recession, or not entirely sure what direction to take in your career.