I'm often asked whether I think an MFA is worth getting, and specifically whether a particular student ought to get his or hers. Robin Black's got a well-written analysis, probably one of the best considered and articulated I've heard in a while here at Beyond the Margins.
Speaking of Beyond the Margins, this is a wonderful resource for writers. If you're in one of my workshops, you already know this, but if not, do check it out. I was pleased to have been nominated for their Above and Beyond 2012 Award, really honored and thrilled to be in the company of the other nominees.