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I think the numbers involved are minimal(2-3/yr) while the impact on the FB team is significant. I'm clueless regarding the internal issues PAC faces, but I think it's a worthwhile trade-off. When an athlete can graduate in 3-4 years, it's pretty obvious that they can put in the work.
This is off-topic but I am wondering (from those of you who have master's degrees) just how much more difficult grad school is than undergrad. In my former life, i worked with a number of engineers (not all from Tech) who got MBA's from Ga. State in the evenings. To a person, they all said the undergrad work was much more difficult. What made the evening MBA program challenging was doing it while also working, having a wife/kids and taking care of their household responsibilities.
I agree with @PapaFoxtrot....if you can juggle FB while getting a Tech diploma in 3 years or so it doesn't seem like grad school would be much of a leap. Am I wrong about this?