Sidenote - I was surprised that the author of the Economist article didn't use Josh's quoted research from Christian Schraga who estimated the ten-year NPV of a top MBA program is approximately negative $53,000 [1]. If these assumptions are correct, it would take approximately 12 years to just break even.
Sidenote - I was surprised that the author of the Economist article didn't use Josh's quoted research from Christian Schraga who estimated the ten-year NPV of a top MBA program is approximately negative $53,000 [1]. If these assumptions are correct, it would take approximately 12 years to just break even.
[1] - http://mbacaveatemptor.blogspot.com/2005/06/wharton-grads-ca...