Your posts are thought-provoking.
Apart from desperation and lack of jobs, people get their masters degree because they want more. better jobs, better homes, better shoes, more, more and more.
In my country, both greed and desperation drive the increase in the number of Masters degree holders. Sadly, the degree has lost its value.
I love knowledge and would probably have enjoyed studying for a Masters degree just for the sake of it, but an unhealthy importance has been placed on having it in my country.
I think young people have much to contribute to society without everyone rushing to get a Master's degree.