There is alot of discussion here regarding graduate real estate development degrees. I am curious as to how one justifies taking on such large amounts of debt to enroll in these one year, non-technical, real estate programs. In the top tier, I understand that you are "buying" a name and becoming a part of powerful networks, but in today's economy the rates are tuff pill to swallow. Take a look:
Ivy League (Columbia, Harvard, etc): 55K-60K in tuition alone
Ivy Plus (MIT, Johns Hokins, etc): 40K-50K in tuition alone
Public Ivy (U of FL, Penn St, Rutgers, etc): 30K in tuition alone
State schools: much less
60K plus living expenses leaves a graduate in debt upwards of possibly 90K after just one year with little chance of a "spectacular" job offer. How is this justified?
Alums and applicants alike, please provide your thoughts here.