I was scouting the internet to see what’s ‘out there’ concerning Masters degree after doing a blogpost on seven reasons to do a masters, and I came across a series of short articles done by the NY Times’ “Room for Debate” series back in 2009. The writers are three US professors and a financial advisor debating the economic merits of doing a masters degree:
- Mark C. Taylor from Columbia University,
- Stephen Joel Tranchenberg, Former University President,
- Liz Pulliam Weston, personal finance columnist
- Richard Vedder, Ohio University economist
Now keep in mind that this was at the heart of the economic downturn (2009) so all things financial especially in the States were shrouded in doom and gloom, and also that this is a very American perspective.
Here’s a gist of the arguments they make: