'Financially Hobbled for Life': The Elite Master's Degrees That Don't Pay Off

[Yapdatfool]

If we reach a point where we are not seeking foreign talent for those high paying jobs, i think that will be a good thing

Part of globalization is competition, the foreign python programmer will always be cheaper than the american python programmer.

 

[PoorAndDangerous]

The head of I.T. Security at my company who has a masters in accounting developed a plan to never pay his loans off, he just takes a couple easy online classes every semester to keep his loans in deferment

 

[ogc163]

I agree more with Tabarrok's view here that education that so much of education is about signaling, but I wouldn't go as far as him in using such absolute language and imply that skill acquisition doesn't matter.

As long as universities have branding/signaling power and pricing power, kids will continue to attend at high prices.