UPDATE: Samantha Liss, one of my newest followers on Twitter and recent Missouri journalism school graduate, tweeted a link to this article from a Buffalo newspaper, which tackles this issue from a debt load perspective. Is a journalism graduate program worth many years of student loan payments? The two men interviewed in the article say yes.
Recently, I heard a great analogy, one that you instantly commit to memory and will surely repeat a few times to others:
Journalism is like art. We need someone to pay us to do it, and we’ll create masterpieces.
I’ve made an entire life out of getting someone else to fund what I want to do (thanks Mom and Dad), but I’m sure that eventually I’ll be kicked out of my family’s financial nest and have to fly on my own. So maybe someday I’ll have to make a decision about paying for my own post-graduate school, like Leslie Minora wrote about in her blog post entitled Columbia Journalism School Is Worth Time and Money Even Though It Won’t Make You Rich; There, I Said It.
Minora paid a sticker price of $51,156 for her 10-month program at Columbia Journalism School. The school estimates a total cost of $75,206 when you add in living expenses (food, rent, utilities, travel, personal). If you are thinking monetarily, this was her return on her investment (her words, not mine):
- She’s working at her ninth internship, this one as a blogger for the Village Voice (she doesn’t say if its paid or not)
- scraping by on rent with her parents’ help
- eking out the rest of the summer on school health insurance
I’m no stranger to a costly education. I will pay (correction: my parents will pay) $51,865 for my final year at Duke. And I, too, am going into journalism, regardless of the practicality of my decision or lack thereof. For a journalism student (and those funding one), money cannot be the main motivator. Instead, these have to be the type of returns used to measure your investment, courtesy of Minora:
- a strange masochistic work ethic that allows her to find satisfaction in stress and poverty
- a solid foundation of reporting and writing essentials
- empowerment to break certain rules when you at least know they exist and can operate from a reasonably expansive body of knowledge (the difference between sounding like an imbecile and actually saying something intelligent)
- a never-boring life
Practical from a money standpoint? Nope. An infinitesimal beacon of hope that happiness transcends money? O yes. Keep fighting the good fight, Leslie, and maybe someday we can push our respective shopping carts full of our possessions together in Central Park and reminisce about the myriads of people we’ve talked to, places we’ve seen and events we’ve experienced.

My trip to Fez, Morocco, last November was also priceless. This would be the herd of sheep that almost ran us over on the outskirts of the town.