When you can extend your time in higher education in a way that is productive, adds valuable knowledge and results in a degree that will earn you a vital competitive distinction, choosing a direct path to graduate school is a viable option. This choice assumes you pursue this route for the right reasons, not merely to find shelter in a downturn. -- Greg Grauberger, Undergraduate Academic Services Director, University of Denver's Daniels College of Business.

Not stopping after graduation to visit the trenches of the workplace before charging ahead for advanced education is a radical idea. Or is it? I've always wondered why it's common to seamlessly transition from a bachelor's degree to law or medical school, for example, but not for other careers, such as business.

The only two reasons why delaying advanced study in any field makes sense to me are: (1) the possibility of landing a position with an educationally enlightened employer that pays the big bucks for graduate study, or (2) the need for "real world" experience and contemplation when a graduate hasn't a clue as to his or her career preference.

Otherwise, with a student-debt caveat, I agree with Greg Grauberger that moving right into advanced study after a bachelor's degree can be a good choice.

Consult with a college financial aid counselor to figure out what the cost of your graduate study will be and how you will pay for it. Check for a counselor locally, or visit Dr. Herm Davis' Web site, drhermdavis.com.