: Re: Is it possible to figure out the ROI of an MFA? Given that there are a few jobs where an MFA (Masters of Fine Arts) in creative writing is preferred as a writer or editor, is it possible
Unfortunately- no.
A ROI would suggest that just the "skills" learned are the only skills needed. If one intends to be a "writer" there are considerations such as "creativity" and being in "the right place at the right time" that the MFA doesn't even attempt to teach.
Yes, the same could be said for other degrees but the fact of the matter is that a degree in accounting (plus certification) are required for some jobs. I dare say that William Faulkner wasn't hired to teach at UVA because of a degree. The same thing could be said for lots of of "Top Ten" book list authors. Quick! Where did Dan Brown get his degree? J.D. Salinger? Eco? Rowling? Nabokov? Puzo? and lots of others.
Can a dedicated "student" learn something in an MFA program? Yes. Does that translate into a ROI? It depends on the student and too many other variables.
The question really should be WHAT do you want to get out of an MFA program and can the selected MFA program provide this?
Hopefully most MFA programs are telling their students (before signing up) the entire publishing industry is being changed just like the entire field of journalism. With a degree in journalism (news) trying to find a newspaper that is hiring and not firing is the real challenge.
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