The Costs of Higher Education

In the NYTimes "Room for Debate," there is a discussion on the worth of a master's degree in the current economic crisis. Again, my department chair has joined the discussion, offering his currently characteristically pessimistic perspective. He is right, however, that the M.A. is often a cash cow for a university and that its importance and worth will vary on a case by case basis on what you are getting it for, etc. Anyway, take a look, especially if you are going back to school because of the difficulties of current job market.