LOL!! MBAs are free to “do the making.” They can do the making wherever the free market decrees, which is apparently not at cushy consultancies or PE firms. So sad. |
Don’t they have other options like working in research or working for insurance companies? |
A tiny percentage are, and they are mainly from international med schools. I fully support measures to get them into service if the traditional residency doesn’t work. MBAs can suck it. |
MBAs do not help people. The very very few ones that actually help people already had alternate plans for employment and loan repayment. |
| business degrees are worthless, chatgpt will tell the STEM major how to do business and write good |
Of course they’ll have other options. They may have to pivot and hustle for a job at lower tier firms (bye for now PE!) but it will be humbling. They’ll have to be resilient and prove themselves in roles that they will think are beneath them. But if they can do that they will be fine - the cream always rises to the top. |
There’s PSLF for nonprofit hospital admins |
I'd bet my entire 401K that you're a clueless boomer who put themselves through college with a part time job when tuition was $2,000 a year, and got handed a cushy job immediately upon graduation. Times have changed old man. |
please, most business grads don't major in it "to help people". And most hospital admins only care about profit even as the hospitals are nonprofit. Hospital admins don't actually care about the people it serves. They care about making sure the hospital is profitable. btw, I was also a business major. |
Not true. MBAs are ALL about helping oneself. |
So MBAs deserve to have their degrees paid for by taxpayers? Interesting. |
| We don't want underemployed MBAs on the market. They will take away jobs from people who aren't qualified for other jobs or better pay. People need to stay within their earning power range. |
Medical school trains an important skill. |
example of how non profit hospital administrators don't care about people: https://www.yahoo.com/news/nonprofit-health-system-cuts-off-173552166.html |
Seems like HBS ignores the fact that the program covers two academic years--not just one--when illustrating the COA. |