The return on investment (ROI) of expensive schools, especially when it comes to prestigious business schools, has been of interest as tuition continues to increase. Ranking of ROI from Bloomberg Businessweek shows that top ranked business schools like Harvard, Sloan and Rotman fall down the ranks when ranked based on ROI, while many 2nd Tier schools make it to the top 50.
A new study by Stacy Dale (Mathematica Policy Research) and Alan B. Krueger (Princeton University) sheds some light on the long term earnings of students of highly selective colleges. Specifically, they look to see whether “attending a highly selective college make much difference in a student’s average earnings after college.” They find that there was “no appreciable financial payoff for attending the most-selective colleges.” There were some exceptions—e.g. “Black and Hispanic students did appear to get an earnings boost.”
So there is much more to think about when you are getting ready to apply to a MBA program! Good Luck!
A new study by Stacy Dale (Mathematica Policy Research) and Alan B. Krueger (Princeton University) sheds some light on the long term earnings of students of highly selective colleges. Specifically, they look to see whether “attending a highly selective college make much difference in a student’s average earnings after college.” They find that there was “no appreciable financial payoff for attending the most-selective colleges.” There were some exceptions—e.g. “Black and Hispanic students did appear to get an earnings boost.”
So there is much more to think about when you are getting ready to apply to a MBA program! Good Luck!
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