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I have seen it plenty of times with post-grad study even when there isn't a global pandemic on. I think a lot of people would think it was a logical decision, especially if you weren't going to get the full experience of studying (e.g. the full benefits of life as a student, rather than just the qualification). If it was just the qualification, I'd say go for it but you aren't doing it for the practical/singular reason.

It is a bloody expensive way to keep yourself busy too!