I've been remiss in replying this past week, what with work, Easter, and baseball games. It's a tough life, I know.
JAubrey, I'm glad we agree on the scams of HKS and SIPA. But they're very high-quality scams, so it's tough to dismiss them outright. They each have a few shining faculty that I'd love to work with in the future. Hey, I'd love to do a PhD at Harvard too, but I'd want it funded.
Getting back on case, as we used to say...
I think there's legitimate room for discussion on how a degree effects your hirability. The overall question is: will people recognize this degree, and what's their five second reaction to it, either on a resume or during an elevator speech. I think LBJ has that name. Your circles are probably different than mine, but among Hill staff, most know of (or at least have heard of) LBJ; that's partially because it's named after a president, but partially because they've been a consistently reliable, strong program over the years. (I'm speaking of the MPAff, obviously.)
Now in the field of security, I do know some MGPS people who went on to great placements in DC. But it's still a growing program, so there's that. One thing I'm curious about is the idea of a "pipeline" - maybe that exists more in your subfield than mine, but I was always skeptical of this concept. The idea that there are certain offices preconditioned to hire SAIS or SIPA grads... I get the concept, but I've never seen that occur in our generation. Maybe our parents' generation.
Conversely, I've met SIPA grads who struggle to find placement. I've met SAIS students who work at World Bank, who feel trapped because they can't seem to find jobs outside of international finance. I've meet HKS grads who extol the program, but admit to me that it didn't help them get a job immedately after school. (The HKS argument is your classmates will be very high-level people in 10 years' time, and they'll remember you then.) I mean, this is all anecdotal.
But LBJ is a tremendous program, and Austin is a super city. That's just my imprimateur of confidence on this conversation.