Graduate programs in some domains tend to be a relatively affordable way to insure against opportunity risks (nursing, not divinity) The context is some interp

Graduate programs in some domains tend to be a relatively affordable way to insure against opportunity risks (nursing, not divinity) The context is some interpretations of Baumol effect, as discussed here for the very parallel case of childcare https://news.ycombinator.com/item?id=45956525 https://news.ycombinator.com/item?id=45956525