A Scam Called M.F.A.
Joseph Bednarik does the math
In a statistical mood, I once estimated how many "good poems" were being produced by recent graduates of MFA programs. Keeping all estimates conservative, I figured there had to be at least 450 poets graduating nationwide each year. If each MFA graduate wrote just one good poem a year for ten years, at the end of a decade we would have 24,750 good poems—not to mention 4,500 degree-bearing poets, each of whom was required to write a book-length manuscript in order to graduate. New poems, poets, and manuscripts are added to the inventory every year.