Columbia and other top universities push master’s programs that fail to generate enough income for graduates to keep up with six-figure federal loans
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"...always focused on affordability, and an important part of that is, of course, to help prospective students make informed decisions,”
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Unlike undergraduate loans, the federal Grad Plus loan program has no fixed limit on how much grad students can borrow—money that can be used for tuition, fees and living expenses.
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High Price, Low Return
Columbia has more high-debt master's degree programs in low-paying fields than any other Ivy League university
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Highly selective universities have benefited from free-flowing federal loan money, and with demand for spots far exceeding supply, the schools have been able to raise tuition largely unchecked. The power of legacy branding lets prestigious universities say, in effect, that their degrees are worth whatever they charge.

“Students gravitate to Columbia because Columbia’s Columbia, right?”