There's a selection dynamic where it's the people foolish enough to take on extortionate student loans for a journalism degree who go on to write articles about how J-school is ripping people off. (One of the co-authors here got her master's at Columbia)https://www.wsj.com/articles/journalism-schools-leave-graduates-with-hefty-student-loans-11631275201 …
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As ever, I propose the price of all these postgraduate degrees be tripled, interest rates on their loans doubled, and the proceeds used to subsidize community colleges and vocational training.
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Journalism in general suffers from MFA disease, where practitioners are expected to pay for an insular and stifling process of hypereducation that denies them the very life experience that is a prerequisite for doing the work well. We need to move back to an apprenticeship model.
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Just like every first novel has become a coming of age story about a young author in Brooklyn struggling to make it into the Iowa Writers' Workshop (and every second novel is about the hard life of a book tour), journalism is rapidly disappearing into its own digestive tract.
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In the interests of disclosure, let me share my own postgraduate student loan story: 1. I wanted to get a master's degree in linguistics. 2. But it cost a lot of money, which I would have had to borrow. 3. And there were no job prospects to offset the cost. 4. So I didn't do it.
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Academia grows like kudzu. Five years from now you'll be able to get a degree in tweeting, and in ten years that degree will be a pre-requisite for getting a blue check here. But don't be educated stupid.
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End of conversation
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Doesn’t happen that way
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My wife wants to have words with you about this allegation that I make "rational financial decisions."
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