WrittenPublished by: Forbes
MBA News Digest Comment: None.
Extracted Content: The former dean of the Yale School of Management, Edward Snyder, believes this is the single biggest issue holding many would-be candidates from applying to business school. “Many of the schools have collectively marched off the cliff with these tuition increases,” believes Snyder. “That has reduced some of the ROI on the degree. Having followed along with annual increases in tuition rates at two percent above inflation for more than 25 years, many schools have found themselves in a tuition trap in which they cannot find a market for their programs, even after broadening their applicant pools geographically and offering substantial scholarships.”