theincredible Hi Buddy,
Below are my thoughts:
"In the long run, students are going to be in a huge loss"
They're going to be in a loss, for sure. My point was that US schools will be at a Bigger loss. Sure this situation brings good to no1 but good folks, who are willing to work hard and make a difference will do that in spite of all these geopolitical changes.
"Can you imagine a MBA market where US is no longer an option?"
Absolutely. US business schools have risen to there present status only in the last few decades. I wouldn't be surprised if US schools or MBA as a degree loose there sheen and reputation in the next few years/decades.
Having said that, I would also like to point out that US schools, over the last few decades, have successfully stood the test of time and have evolved significantly. I'm sure US schools will keep evolving. What if US schools start to push globalization and diversity the way to they push sustainability and social issues now? That'll change the whole game. Moreover, as the political dynamics change, I'm sure new leaders will come up in other parts of the world. If there aren't options today in Australia/Canada/Emerging world doesn't mean there won't be tomorrow. In long-term market forces will take charge and new leaders will emerge (ISB is one such good example)
IMHO change is always good in long-term. Let's me optimistic.
I understand your present situation completely. My suggestion would be to make the best decision based on "present" day circumstances without predicting the future and in long-term always be ready for surprises
Do I make sense?