Attention Economy


Friday, August 6, 2021

Some Master's-Degree Programs are Useless


‘Financially Hobbled for Life’: The Elite Master’s Degrees That Don’t Pay Off
https://www.wsj.com/articles/financially-hobbled-for-life-the-elite-masters-degrees-that-dont-pay-off-11625752773
Columbia and other top universities push master’s programs that fail to generate enough income for graduates to keep up with six-figure federal loans.

Related:
Law School Loses Luster as Debts Mount and Salaries Stagnate
https://www.wsj.com/articles/law-school-student-debt-low-salaries-university-miami-11627991855
With high-paying jobs out of reach for most, graduates of the University of Miami and other well-regarded programs routinely carry six-figure student loans for years
WSJ piece:
“A law professor at the university, Anthony Alfieri, said law schools “foster this kind of cruel optimism” in students, letting them think six-figure salaries are attainable, when in reality, those high-paying jobs are largely reserved for students at only the top-ranked law schools”.