It seems like people have an odd fixation with grad school not as a means to a successful career, but an end in itself. Another frequent pattern are people who explore a career by getting the Master's degree first, then changing their mind with piles of student loan debt. Why not just take a night class or two, or learn on the job?
A city college news writing classmate sent out a link to this article If Your J-School Knows What's Best for You, Check it Out with the comment: "This was too interesting to not share with the group. A rather disheartening perspective on J-school especially and the field of journalism in general."
J-school especially? Wouldn't most people rather learn on the job, earning money and building their resume as they go? Grad school has a few obvious drawbacks: as you accrue student loan debt within the doors of an institution, your field undergoes changes that will be reflected in the classroom years from now.
With costs like this, when you dive in there's no turning back.