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Hasn't there always been an inverse correlation to people going back to school and the economy? Currently, the economy is doing very well, so people are less i

Hasn't there always been an inverse correlation to people going back to school and the economy? Currently, the economy is doing very well, so people are less inclined to go back to school. Once the economy turns and unemployment rises, then I'm sure the MBA applications will rise.

dpflan 7y ago
This seems like a good point; (speculating) especially if an MBA is viewed asa means to earn more in a declining economy. I don't know much about the programs and the expected increase in salary upon completion.
- brixon 7y ago
  MBA or other Master's degrees are ways to buy time to wait out a bad economy.
tossaway1717 7y ago
Under what measures is the economy doing “very well”? I see low unemployment rates as one indicator of good economy, but otherwise we have low labor force participation, low wage growth, low GDP growth (lower than the annual deficit). The S&P 500 is in an earnings recession. https://www.marketwatch.com/story/the-sp-500-is-in-its-first-earnings-recession-in-three-years-2019-09-18 https://www.marketwatch.com/story/the-sp-500-is-in-its-first...
refurb 7y ago
This is exactly what happened in 2008. When job prospects suck, it’s a great time to go back to school. When the economy is hot, it’s not a good time. It’s not that unusual for people to not finish their MBA during these times. Connect with the right company over the summer and just stay. Most MBA schools make it super easy to come and finish up your degree.