Overpriced, Useless Master's Degrees and Who's Offering Them. They Exist Due To Government Meddling

Posted by freedomforall 2 years, 9 months ago to Government
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Excerpt:
"Students overpay for useless degrees and end up financially hobbled for life. Let's discuss the setup with a spotlight on master's degrees.

Who's Offering Useless Master's Degrees?

The answer is the same as who's offering useless degrees in general: They all do.

Where the heck is someone with a master's degree in stagecraft, art, history, political science, photography, English, foreign language, culinary arts, etc., etc., etc., supposed to get a job that will pay the bills?

A few will get lucky, the rest will be financially hobbled for life.

Dear President Biden, You Need an Education, Starting With the Meaning of "Free"

I had no idea the above article was coming out today. Yet, I mentioned an aspect of it yesterday in Dear President Biden, You Need an Education, Starting With the Meaning of "Free"

George W. Bush signed the "Bankruptcy Reform Act of 2005" making student debt uncancellable in bankruptcy. Guess what happend?

Biden's solution of course is a "free" money student debt forgiveness program.

Student debt is not dischargeable in bankruptcy so the cost of programs soared along with the willingness of universities to promote useless degrees for the masses.

Administrators and teachers who make more when enrolments rise piled on. And of course the unions piled on encouragements in need of money to support ridiculous pensions.

With the money pouring in, the salaries of football coaches and administrators soared.

Don't forget mainstream media parroting the need for everyone to get a degree with no mention ever that most degrees are worthless."
SOURCE URL: https://mishtalk.com/economics/high-cost-but-useless-masters-degrees-and-whos-offering-them


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  • Posted by VetteGuy 2 years, 9 months ago
    When I was in College (BS Engineering, 1980), a professor told our senior design class that it was worthless getting a MS, because a BS and two years experience was worth more than a MS. The exception, he noted, was if you wanted to get a PhD and teach engineering.

    Fast forward about 25 years, My daughter was encouraged to get a MS Engineering, and my son-in-law encouraged to get MS Computer Science (in his case, fueled by college loans). From what I've seen, I don't think either of them got their money's worth from the additional degree.
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    • Posted by 2 years, 9 months ago
      About 5 years after graduation (early 1980's) I went back to college looking for training I had missed since technology had advanced. In the first class we were to do a design project. I was doing one at work and suggested it would be an excellent way to show the class practical application - and for me to learn better practice. The professor refused. He had already ignored several other attempts to use real life situations to learn in class. He had no practical experience to teach. I knew then I wasn't going to get what I wanted in college. It was a repeat of the pompous attitude I had seen in 2 undergrad programs from department heads. It wasn't about teaching. It was about stroking their egos and brown nosing. Merit is secondary at best. At least then I had a job that I enjoyed in a field adjacent to my degree and plenty of opportunity to learn in an environment where merit and extra effort mattered.
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