Nov 30, 2008, 12:57 AM
I'm not exactly spouting crazy original ideas here; these criticisms are heard not just from Columbia students, but Columbia professors.
Schools are run like businesses. Columbia's writing program has low overhead and a huge markup. They charge $75, 000. For an MFA! About ten times what other schools charge. And they admit, what, 25 students per class? Up to three, four, five times the number of students at other programs.
Just because no one's getting rich -- or there's no CEO in a sharkskin suit with like a pinkie ring and a money clip or something -- doesn't mean it's not a cash cow. It is. They are in the business of fleecing rich dilettantes to fund various other programs.
Ooh -- and it costs -- or rather, they charge -- $75 to apply. Three times the cost of most everywhere else.
We can quibble over the word 'business', but really? You're don't see any red flags on the field?
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(This post was edited by Junior Maas on Nov 30, 2008, 1:01 AM)