Generally, I equat master degree with overeducated...

one of the dilemmas is that far too often people study subjects because that they are keys to success. When they realise that the keys does not fit the lock to the anticipated career the frustration of those who just studied for the "open Sesame" are doubly frustrated because they wasted their time on a subject/discipline they are nit interested in.

Totally dependent on field. If it is science or technology, it should be useful, though not always much more than a Bachelor's.

I think the reason to get the Master's is to study what you are intrigued with.

A friend of mine enlisted in the Navy - he had a Masters in Archeology. If you're blending that degree with relevant experience, your career should be pretty safe, but to expect a good career because you have the degree alone is likely to set yourself up for disappointment, as there's a good chance that it'll be perceived as putting the cart before the horse.

It depends on what her degree is in...she could have a Masters in Fine Arts, and with limited job opportunities. Even with a Masters in Business, companies are looking for specific concentrations such as international business, computer science, economics, or accounting...everything seems to be be tuned in to specifics and not generalization. Some fields are just saturated...marketing...she might need to get a different concentration or change how she markets her skills to the job needs until she finds her perfect job. I have an MBA and when I first came out, I worked in social services....