Money, Money, Money

• It shouldn’t be too difficult to determine the cost of tuition for your degree. Don’t forget to add in the cost of continuing enrollment during the time you are working one your dissertation, which in my case was five years. Look for scholarships and check your contract to see if your school district will chip in with tuition or enhanced pay for the additional coursework and degrees. Start by assuming that your new degree will gain you nothing more in the way of future compensation and you won’t be disappointed.
• Your doctorate can pay off if it allows you to move up the food chain towards the superintendent’s office. For me I was happy being a principal so my salary only went up a few thousand due to the impact of the coursework and the degree in my union contract. It has allowed me to teach college level courses and do consulting that probably wouldn’t have come my way, but if money is your motive, you may not be thrilled with where you end up.

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