The point of getting a higher educational degree

Opportunity to choose – That’s it! For example, if you do an MBA, it doesn’t mean that you must work in a role that society describes as a post-MBA career. It just means that you have a choice to work on a level that is way challenging as an MBA grad or to work on a level that is not as challenging but comfortable for an MBA grad.
For example, the typical career route for an MBA grad is join a rotational leadership program. While it is an excellent exposure to several business challenges, you can also opt to work for a job such as business analyst that doesn’t actually require an MBA. You have an option and that’s the best part of getting a higher educational degree. Doesn’t necessarily mean you need to exercise it.