re: 1 out of 4 bachelor degrees and nearly half of masters degrees have a negative ROI

quote:

---

At one end of the spectrum, the bachelor’s degree in drama at the University of Southern California costs students over $160,000 over four years, but delivers earnings more than $10,000 per year below the counterfactual. As a result, I estimate that USC’s drama program has an ROI of negative $540,000.

---

Do the Film school and it's most assuredly even worse when you factor in the additional $40K to $100K in costs for films you make including a thesis film.

It'll be interesting going forward. Schools aren't going to drop their prices and they need the bullschiff fluff arts and random gender/race studies degrees because they bring in so much money for little costs compared to other disciplines. At some point students will decide it's not worth it, but the schools know foreign students will keep coming and US students that do are guaranteed loans from the taxpayers.