According to a recent report a lot of graduate programs offered by universities and colleges are totally scam meant to target the section of students who have a little knowledge about the field and invest their money without much research. Even after spending a huge amount of money on these degrees the possibility of them getting a job is negligible. Around 40% of the master's degree programs cost more than they are ever able to return and most of the students enrol in masters degree to get jobs. The facts are very disappointing now when students are enrolling more in higher education after the pandemic to ensure some employability during times like those. The average student loan debt on graduate school borrowers remains USD 71000 which takes a whole lifetime to pay. Half of the US's student loans come from graduate students even when they account for just 25% of the total students in the US. Stronger regulatory methods are required to improve the condition.
