Episode 013
The Weeds | Back to School: Masters mishaps
Reshared: Thought the comparison between MA programs (lots of debt, no income) and unpaid or poorly paid internships (no debt, maybe no income) was really on the nose. There are a lot of really predatory MA programs out there (esp in the humanities!) and it seems like the halo effect of university brands allows for behavior that would get shut down in any other context. Matt is joined by Vox's Libby Nelson and Jerusalem Demsas for a conversation about the rising cost of master’s programs, their usefulness in today’s economy, and their role as federally subsidized job training. Matt, Libby, and Jerusalem reflect on their varied educational paths and discuss the effectiveness of student loan forgiveness for higher ed. This week’s white paper illuminates the downstream consequences of raising pollution standards for battery recycling in the United States. Resources: “‘Financially Hobbled for Life’: The Elite Master’s Degrees That Don’t Pay Off” by Melissa Korn and Andrea Fuller (The Wall Street Journal; July 8, 2021) The Masters Trap, Part Two, Part Three by Anne Helen Peterson (Culture Studies; July 2021) “Graduate programs have become a cash cow for struggling colleges. What does that mean for students?” by Jon Marcus (PBS Newshour; September 18, 2017) “Master’s degree programs surge at nation’s colleges and universities” by Nick Anderson (The Washington Post; May 25, 2013) White Paper: “North-South Displacement Effects of Environmental Regulation: The Case of Battery Recycling” (NBER; August 2021)
Aug 20, 2021