Don’t get your MBA

Unless your school offers a high bang for your bucks:

business schoolNote the poor return on educational investment for the Ivy League schools.  And only 3 of the MBA programs shown offer a positive return.

Which MBA offers the best return on investment? That depends on whether you are after a long- or short-term gain. Our chart shows the cost of an MBA at selected business schools after taking into account tuition fees and forgone salary. Two-year courses at prestigious American institutions are the most expensive. An MBA at Wharton costs $330,000 on average, in part because it enrolls well-paid executives. But the immediate return on such degrees is small. Graduates tend to land jobs just a few notches above the ones they left.  (emphasis added)

The moral of the story: don’t go to graduate school, especially for an MBA.



Categories: Debt, Graduate School, Hmm, Job Skills, MBA programs, Opportunity Cost, Stupid People

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