MFA Theater Degree Pyramid Scheme

“The discouraging truth is that MFA degrees were created largely to provide-and then satisfy-a prerequisite for obtaining teaching jobs. This in effect rendered the entire system a pyramid scheme.” – Art & Fear by David Bayles and Ted Orland

Replace the term “pyramid scheme” with “ponzi scheme”.

It sounds like the MFA Theater Ponzi Scheme that Mike Daisey was talking about.

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