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<p>Perhaps. But on the other hand, I think a strong counterargument could be made that the employer would benefit by having an employer who is being educated at arguably the most prestigious technical school in the world, even if the degree is without specification. That would seem to be a better deal, at least to some employers, then sending their employees to be educated at an average school. </p>
<p>Besides, I don’t know why we’re even talking about the issue of funding anyway. The OP never raised the issue, and indeed indicated that he preferred a private (and hence probably more expensive) school anyway. The OP simply asked whether there were well-known schools that allowed you to design your own master’s degree. I think that question has now been satisfactorily answered. The OP never asked about what types of funding sources are available for such a degree, which is a fundamentally different question. </p>
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<p>I said it before and I’ll say it again: many, perhaps most, terminal master’s (as opposed to PhD) students at MIT are paying their own way. Yet that doesn’t seem to deter them.</p>