“Most young actors don’t face graduate school debt like this — yet it is common for those who attend the A.R.T. Institute. Despite being at the world’s wealthiest university, institute students receive modest financial aid and leave with a median of $78,000 in debt in exchange for a master of liberal arts degree from the Harvard Extension School.”
I am sure it made good business sense up until they had to go on a 3-year hiatus. It is not like graduate theater students are going to refill the corporate coffers like their b-school or law grads.