AliciaSierra
It is disheartening to see MBA program cost is way higher than after MBA one year salary. Standford MBA cost is ~ $200,000.
One of my friend, who is totally against of me going for MBA, asked me whether I will get $200K after MBA. I couldn't say YES. LOL
I don’t know why in a year? Where did this benchmark come from? You planning to retire after just a year? 😂
Frankly I don’t know ANY investments that pay back in 1 year…. But yes, look at all those idiots lining up at Stanford to pay the tuition. At the same time, Stanford has need based financial assistance and if you get in and can’t afford it, you can get funding. So if you get into Stanford, don’t reject it right away because it is too expensive.
Here is the thing, applications are a complex process. Even I am learning some of the details still. There are a lot of details and the more you research and know, the better. Just as people get financial assistance, nobody takes home 200k. Taxes in the US take up to a third of your income or more in California. There are costs of living and other required expenses.
MBA is not for the faint-hearted.
Posted from my mobile device