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Law School or MBA? Consider the debt implications

“Most M.B.A. programs leave federal student-loan borrowers with manageable debt loads, a WSJ analysis found. At about 98% of universities that offer the masters of business administration programs, graduates typically made more money two years out of school than they had borrowed, according to the Journal’s analysis of federal student-loan data for nearly 600 programs found. That stands in contrast to law schools, where roughly 6% of programs had graduates with higher median earnings than debt in the same time frame.” From The Wall Street Journal, October 27, 2021.

Students considering graduate programs need to do research before they decide to pursue higher education.

 

Source: Financial Planning for Women