I can't help but believe that advanced degrees have reached a critical mass. At some point, the money invested in multiple degrees could fund a business or keep parents flush for retirement.
Or, since the U.S. has an increasingly knowledge-based and specialized economy, will all sorts of degrees continue to be in demand? College money guys hope so.
The New York Times reports that advanced degrees are more in demand than ever. Are they worth it when a person can download classes from elite schools on iTunes and specialize through the ubiquitous knowledge on the internet? There was a time when the only place one could receive a lecture was at a college. Not so today.
But the market will pay:
And many students believe that these multiple degrees are highly valuable in today’s competitive job market.Are they really, though? More research needs to be done, because the only ones I see benefiting are the colleges and loan institutions. I'm not alone in this belief. More on the relative value of an education here.