Such a well-reported and damning piece about elite universities' masters-degree programs milking students with massive tuition and leaving them unable to pay off six-figure loans. Columbia, especially, my goodness. @melissakorn & @anfuller: wsj.com/articles/finan…
"Columbia grad students who borrowed money typically held loans that exceeded annual earnings two years after graduation in 14 of 32 master’s programs...In about a dozen Columbia master’s programs, the majority of recent grads weren’t repaying the principal or took forbearance."
“'We were told by the establishment our whole lives this was the way to jump social classes...' During a car ride last year with three friends from the film program, they calculated they collectively owed $1.5 million in loans... 'Financially hobbled for life. That’s the joke.'”
And this detail, yikes. 
• • •
Missing some Tweet in this thread? You can try to
force a refresh
