After Certificate programs, Master’s Degrees Are the Second Biggest Scam in Higher Education
Last week, the Wall Street Journal published a troubling exposé on the crushing debt burdens that students accumulate while pursuing master’s degrees at elite universities in fields like drama and film, where the job prospects are limited and the chances of making enough to repay their debt are slim.
For colleges and universities, master’s degrees have essentially become an enormous moneymaking scheme,
The line between for-profit and nonprofit education has been utterly blurred. There are, of course, good programs as well as bad ones, but when you scope out, there is clearly a systemic problem.
