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Message: <blockquote data-quote="bigbadwolf" data-source="post: 14547" data-attributes="member: 722">Quantnet is the forum where we attempt to answer Pontius Pilate's rhetorical question: "What is the truth?" No euphemisms, no hedging, no lies.  The people behind the Baruch MFE give the unadorned truth on salaries and placement figures. If starting salaries for their grads are going down, they report it. If, unlike past years, they can no longer place 100% of their graduates, they report that as well. That's why anything the Baruch MFE people say has absolute credibility, is worth gold. Yet as we know, the majority of other programs are doing no such thing. Furthermore, many of the other programs are acutely sensitive to criticism because they know they are lying to and cheating their customers (er, students). They know their offering is poor, have no intention of doing anything about it, and just want the swindle to go on indefinitely.  I doubt we know what the size of the market is, and how many graduates of all the new programs that have sprouted up in the last few years are effectively unemployed or underemployed. Second-tier programs have absolutely no incentive to provide stats on the placement rates and starting salaries for their graduates, nor in providing realistic career counselling to their prospective students. Caveat emptor -- but then, where to go for information?  The comments are well worth reading as well. They're largely an articulate lot with clear and informed opinions -- but then again they are lawyers, so perhaps this should be expected. I got the link for <a href="http://www.temporaryattorney.blogspot.com/" target="_blank">temporaryattorney.blogspot.com</a> in one of Barbara Ehrenreich's more recent books; that blog has links to other blogs such as the one I gave.</blockquote>

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