 Solution

Let the monic minimal polynomial of $\alpha$ over $L$ have coefficients $a_0,\dots ,a_{r-1}$, and put $F=K(a_0,\dots ,a_{r-1})$. Each coefficient is algebraic over $K$, so adjoining these finitely many coefficients successively gives $[F:K]<\infty$. The same polynomial makes $\alpha$ algebraic over $F$, giving $[F(\alpha ):F]\le r$. The tower law for field extensions yields $[F(\alpha ):K]<\infty$. Its subfield $K(\alpha )$ therefore also has finite degree over $K$. This holds for every $\alpha \in M$, proving $M/K$ is algebraic.