B School is a Waste of Money Unless You’re Going to Harvard and Look Pretty


Check out this recent article from Forbes on the best MBA schools.

Best B Schools_Forbes Nov 18 2013_001

For those of you considering MBA degrees, you might want to rethink it. A core financial term you should understand is return on investment. For the vast majority of MBA students it just doesn’t compute. Now, the exceptions will attend Harvard or Stanford b-schools, look pretty, already come from money, have family connections, and enjoy the return on their grad school investment. The rest of you normal people won’t.

Most b-schools are great revenue sources for the schools that host them and the student loan corporation, but not so much for the students. Rethink getting an MBA. Rethink college. Decide what you were made to do. I think for many of you it won’t include thousands of dollars in student loans.

This message was written by Dr. David Powers. You can always find me at www.drdavidpowers.com. Thanks for reading!

 

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