Reply to “HKS is Harvard’s Theranos”

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I went to public policy school 20 years ago, so maybe this has changed, but nobody paid sticker price for an MPP. Huge ROI for my degree, frankly.[/quote]

I doubt there’s much financial aid for masters.  I think a proper way of seeing these degrees is to see them as promotional gimmicks for employers who are wowed by ivy +. [/quote]

Here is how it works:

Federal grad plus loans have no loan limit. Students borrow as much as possible, including for whatever tuition Harvard cares to charge.

Student enters low-paid public service, and begins repaying loan at a small fraction of their income. (10% of discretionary income, which is not much when you are a broke LA on the Hill and can be as little as $0).

After ten years, the tens or hundreds of thousands of dollars borrowed are forgiven, tax free.

Harvard and some other elite schools have also replaced fellowships with promises to pay part of your loan on your behalf. Taxable as income? No, also structured as a forgivable public sector loan.

It is quite affordable. See also, med school.[/quote]

For Med school, an MD can make 250,000+ first year out of school. We are talking MPP. [/quote]

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