No One Wants to Go to Business School Anymore

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Full-time M.B.A. programs saw an average drop of 9.9 percent in fall applications since last year, making for three straight years of decline. Even with the bad economy, companies like Goldman Sachs and Morgan Stanley haven't decreased the amount of tuition contributed for employees looking to go back to school, but people with salaries don't want to budge until they will make more money doing so. "They'll stay in their jobs until they see that there'll be a return on this investment," said the associate director of admissions at Virginia's Darden School of Business. "They want to know that recruiters will be waiting in line." That's another A+ in egoism!

Business School? No Thanks [WSJ]