Today's masters is equiv to yesterday's bachelors which is equiv to yesteryear's high school diploma.
At least in those touchy-feely fields where you need a piece of paper to back up your ability / purpose instead of tangible things like "skills."
Or being a doctor. Doctors need paper. Lots of paper. I feel sorry for them.
...
Higher education = more money. I'm letting the gummint pay for my masters.
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