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Postgraduate is defined as a course of study or an academic program that occurs after a college degree has already been obtained. Medical school or law school are examples of programs that would be described as postgraduate programs.
Given the state of higher education today, students cannot afford to attend grad school to figure things out or just for the love of learning (Ironically, I did it for just that reason), and hope for fate to favor them. Students should approach grad school as a time to develop concrete professional skills. Since grad programs focus primarily on developing specialized knowledge, advanced critical thinking, and innovative research, grad students cannot rely solely on their programs to develop more basic skills.