What's a creative writing MFA worth?

Gabriela Pereira writes that many writers who seek an MFA degree do so for the wrong reasons: "Most writers want an MFA for one of three reasons: They want to teach writing, they want to get published, or they want to make room in their life for writing. It turns out these reasons for doing an MFA are actually based on myths." He goes on to discuss what an MFA can really do for a writer, and how you can build a do-it-yourself MFA via reading, writing, and networking.