This document discusses factors to consider when determining whether an advanced degree is the right path. It outlines steps to take, including determining career goals, talking to others, investigating options like professional certifications or academic programs, and considering life priorities. Options for academic education, applied experience, and professional certification are compared. Additional factors to consider include costs, scheduling flexibility, reputation, location, and online options. The document stresses developing a detailed plan that considers when to start, time commitment, financing, and balancing work, family, and personal life.