There is actually no career progression that results in a post graduate degree being earned. That is simply not part of career progression. Earning an advanced degree is something that one can choose to do instead of investing in one’s present career. No amount of hard work at your job will turn a four year English degree into a law degree or MBA.
My S.O. has a sociology degree, and worked at JC Penny's after college. She now has an MBA and a JD, and is COO for a healthcare delivery network of several hospitals and a whole load of clinics.
I doubt she is the only one like that.
Even if this is true, it is very misleading to conflate this with 4-year liberal arts degrees being lucrative long term. “English majors out-earn engineers at 40” is an extremely different statement than “English majors who also earn a JD out-earn engineers at 40.” If you have to get a second degree to make a good living as an English major, that says that the first degree itself isn’t very lucrative.
The article claims that what leads to higher earnings are the “soft skills” that liberal arts majors learn that somehow part of later in their careers, but the data they rely on doesn’t point to that at all. What helps liberal arts majors’ average earnings in the future is almost entirely attributed to the sudden inclusion of people holding advanced professional degrees.
Well, I think it's definitely a problem. Maybe while engineers and techies are young and working and making all that money, you use some of it and get an MBA or law degree or some other professional degree? Even better, go to med school. (That one's really hard though, only do this if you really want to be a doctor.)
In any case, education like that would deal with the mid-life income growth issue fairly effectively. (And in the tech industry, with all the ageism, it can be a mid-life "having any income at all" issue. Which is even worse.)