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Q&A

Is it possible to figure out the ROI of an MFA?

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Given that there are a few jobs where an MFA (Masters of Fine Arts) in creative writing is preferred as a writer or editor, is it possible figure out the ROI (return on investment) of acquiring the degree? Obviously there are a lot of variables in figuring out the ROI of any degree - how much is the degree? What of the possible job options does the degree land you? However it seems like with an MFA in Creative Writing especially it gets even more complex because it is hard to quantify how much "better" a writer a particular MFA might get you and therefore how much more likely you will be to succeed as a writer. It isn't quite as straight-forward as a degree such as an MBA, which is more like a simple gating mechanism. Is there any fairly accurate way to determine if an MFA is really worth it for a given writer?

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This post was sourced from https://writers.stackexchange.com/q/3686. It is licensed under CC BY-SA 3.0.

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