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Re:Of 55 students in my class at Columbia’s Film program, 4 ... by harikb on Tuesday July 13, 2021 @08:50PM (#27828164)
> mean sure we can side with the 18 year olds making bad financial decisions taking on debt for a BA degree. But by the time you are 22.. 24...26 and going for these six-figure MA/PHD tracks .. cmon.

Person doesn’t find meaningful employment after step 1, it is natural to assume (and universities push too) that a higher degree is the differentiator.

Re:Of 55 students in my class at Columbia’s Film program, 4 ... by steveBK123 on Tuesday July 13, 2021 @09:45PM (#27828590)
Sure but we also can't discount that some just enjoy being in school perpetually.

I had a dorm roommate who did go on to do very well in the end, but spent another 8 years getting a PHD.. anyway I'll always remember a couple years into my career we were having drinks and he said to me something to the effect of liking continuing his education due to the the lack of responsibility.

I have a neighbor who is 10+ years into getting a PHD in liberal arts. He gets a lot of feelings of prestige from being associated with very well regarded universities and he has no career intention when he finishes due to being funded.

However I think of all the BA/MA students for the classes he is the lecturer for and what debt they have taken on to go on their own fruitless journey. They aren't all funded the same ..