Foobarista writes on this post:

There used to be an idea that degrees are either academic or professional. The rise of “studies” degrees (and stuff like them such as “sustainability”) are what I’d call “aspirational”. If there’s an employment market for these degrees, it’s a very narrow one in some bits of academia and the “professional activist” sector, but they are powerful signalling devices as to one’s aspirations to righteousness (or at least people who get them see them this way).