The wisdom of crowds?

From Gawker.

If you apply for expensive training in a dying profession, why should anyone trust your abilities to collect and analyze information?

Newspapers are closing and laying people off; magazines are firing people left and right; even online publishers are gloomy. So naturally writers are flocking to journalism schools: Enrollment is up 38 percent, 20 percent and 6 percent at Columbia, Stanford and NYU, respectively, reports.

The average annual cost to attend is $31,000. The average journalist with a graduate degree earned $40,000 per year — before the financial meltdown began in the fall…