[Porsche-O-Phile]

More likely it's because there's no movement upward and/or middle management is being slashed, rather than grown. Think economy. Unless your company is different than any other one out there, I'd expect to sit tight and hope you still have a job at all in a year. Then worry about advancement once things start turning around/growing and they start actually looking for management candidates. I don't know of too many people getting promotions right now - only additional workload/responsibility and none of the salary/benefits that would come with it in "normal" times.

Sit tight - that'd be my $0.02. And I wouldn't waste my time on a degree program at this point in your career. Focus on doing a good job and MAYBE get PMP certified (HR types like that, although I find it pretty much worthless myself).