A master’s degree usually is more expensive in juxtaposition to PhD but there are also more perks to it like a master’s degree would lead you to source of higher income right from the start if not initially than sooner than PhD, also the cost for both of these degrees depends upon the fact which country and school are you getting your degree from as we know private universities costs more than public universities and also European degrees are less costly then north American universities which also makes a big difference.
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