‘Financially Hobbled for Life’: The Elite Master’s Degrees That Don’t Pay Off - WSJ

Recent film program graduates of Columbia University who took out federal student loans had a median debt of $181,000. Yet two years after earning their master’s degrees, half of the borrowers were making less than $30,000 a year.

Higher education is a business.

“We were told by the establishment our whole lives this was the way to jump social classes,” he said of an Ivy League education. Instead, he said he feels such goals as marriage, children and owning a home are out of reach.

But you never did the math?