Charts: Masters Degrees Are *All* The Rage
The overall number of education degrees has gone up roughly 40 percent over the past two decades, even though student enrollment has only gone up about half that, notes UCSB's Dick Startz at The Profit Of Education (Ed degrees). Most of the growth has come from Masters degrees.
A couple of years ago, former contributor Paul Bruno wrote about how expensive these degrees are -- and how little they seemed to help improve student outcomes (Paying Teachers For Master's Degrees Is A Bad Idea). Way back in 2007, Kevin Carey (the of Education Sector) blogged about the cost of all these Masters degrees to the public. The link is still alive over at AIR: The $8.5 Billion Master's Degree. I wonder how much bigger that number would be now.
Image used with permission.