Graduate degrees don’t guarantee you a job. You often don’t see someone unemployed with a graduate degree, but you very well may find them underemployed in a job /salary that doesn’t require a graduate degree.
For me, the smart part of a graduate degree comes with return on investment. Are you going to obtain a position that will pay for your graduate degree and increase your salary by either industry standards or marketability ? Or are you going to obtain one just to have one, but maintain a position that doesn’t require one or earn you more money?
For these reasons, I really don’t care one way or another. I dated a guy who had his GED. He built his own very successful HVAC business . His intelligence wasn’t defined by his formal training education.