I guess they are paying $300k for the connections and access to the elites who go to these universities but whats the point of paying if the 'elite university experience' is not only virtual, but anyone can go and get a MS degree online for cheap access? (Obviously for some courses)
Still the pandemic has made it glaringly obvious that depending on the course you study, in this case, history, media, drama and film studies, a Masters Degree in either of those fields is a complete scam if the probabilities in getting a high earning job is that small as I have said before. [0]
As for a PhD in especially in either of those fields. Well... Just don't take my word for it and just look at the responses right here and you can make your own decision to see if it is worth it. [1]