Many graduate programs are "scams," according to higher education policy analyst

Some 3 million Americans will enroll in graduate programs this year — to earn degrees that are not always worth the money, according to an education policy analyst. 

Many undergraduates earn their bachelor's degrees and go straight to graduate school, in hopes of gaining a new degree or skill set that will make them more attractive to prospective employers.

"The reason people go makes sense. They go to get a good job and make more money," said James Murphy, senior policy analyst at advocacy group Education Reform Now.