I’m Tenured, Get Me Out Here flopped. You invested all

I’m Tenured, Get Me Out Here flopped. You invested all your money and now you’re broke. Your co-author disappeared, probably to that commune out in the Nevada desert. That’s showbiz, baby. Time to start over. You decide to go back to school to improve your craft, and maybe even meet a new writing partner. One school looks quite appealing, The De Geest College of Dramatic Writing: they sell GPA insurance to students! But as you fill out the application, all of you sudden you have flashbacks of those long lost days in a class called Managerial Economics.

(a) If one of your goals is to find high-quality co-authors, why might you think twice before attending?

(b) If only low-quality writers go to this school, what will be employers’ posterior belief.

(c) Suppose you don’t really care about what employers think – you just want to become a better screenwriter. Should you buy the GPA insurance?