08-27-2019, 07:31 AM
(This post was last modified: 08-27-2019, 07:33 AM by BrighterFuture88.)
(08-26-2019, 11:03 AM)amilitab4k9 Wrote: Statistics show that people go back to school when the job market is bad. The job market is about as good as it gets right now. At the next downturn, applications will go up again because there will be more competition for jobs. And, as someone else said, the US is saturated with MBAs. It's no longer a differentiating factor. There are many factors involved. As someone else said, cost also affects it because the ROI is much lower in our current labor market.
Even with past statistics, I don’t believe Millennials are going to drive out in numbers to get an MBA, as many of us are still burdened by our Bachelor’s Degree debt. We were just entering the work force when the last recession hit (I had graduated High School in 2007), so a lot of people panicked and went back to school, but the economy still hasn’t recovered from 2008 and a lot of people don’t make enough to pay off their debts. So, I just don’t see MBA apps raising much when the next recession happens.
TESU September 2020 Graduate
Bachelor of Arts in Liberal Studies with a concentration in Social Sciences
Sophia (3); Institutes (3); TEEX (21); CSM (3); CLEP (12); SL (45); InstantCert (6); Study (21) TESU (6)
Bachelor of Arts in Liberal Studies with a concentration in Social Sciences
Sophia (3); Institutes (3); TEEX (21); CSM (3); CLEP (12); SL (45); InstantCert (6); Study (21) TESU (6)