MBA Students Are Overpaying Their Students

Treasury Dept. to Ask Insurers for Data on Climate Risks to Measure Coverage Affordability – (CNET) – “The Trump administration announced Friday that the treasury secretary would ask for data from private insurers that report their exposure to climate and weather risks. The department will then work with the industry to create a voluntary insurance exchange that will let consumers purchase policies that lower their risk, according to a Treasury statement…”

MBA Advantages – (CNET) – “After the first three years, the typical MBA student may have spent close to $2,000 on new clothing and dining, while spending $10,000 on the rest. A recent study by Bain & Co. found that after graduation, MBA students spend an average of $30,000 on new technology and services, while spending $60,000 on education, housing and travel.

As graduation approaches, many students wonder about their spending priorities. This isn’t a new problem. In 2007, more than half of MBA students surveyed felt they overpaid by $9,000 for their degree. Nowadays, with the economy as good as it is, the amount that students are overpaying is even more than before.”

Bain & Co. Says Most MBA Programs Have Overpaid Their Students – (CNET) – “Bain & Co. said the typical MBA graduate has paid $30,000 on tuition and living expenses with the money they have left after all the costs have been paid, according to a report to be issued next week. That is a hefty sum for a business school graduate, but it is down from $46,000 in 2007. The MBA programs are not alone in having overpaid their students. The vast majority of undergraduate degrees are overpaying their students, and Bain & Co. says that trend is still widespread.”

Why you’re overpaying your MBA students (PDF) – “The average American undergraduate student is about $32,000 in debt, according to the National Association of Student Financial Aid Administrators (Nassfaa). The average for an MBA education is $51,000. An MBA student has the potential to earn more than most people throughout their working life, according to Nassfaa. But a growing number of students don’t realize the true cost and they rack up big loans, says Nassfaa…”

How to Retire – (DG

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