| This Week's Top Story |  | | The cost of borrowing to finance a graduate education is on the rise. For some would-be MBAs, it may be the breaking point | | More Top Stories | | | Many MBA applicants commit embarrassing blunders that ruin any chance of acceptance | | | A team that includes MBAs from Kellogg and Wharton makes final preparations for its 1,300-mile journey across the Arctic Ocean | | | The continent boasts six of the world's fastest-growing economies, but so far few global business schools are seizing the opportunity | | | A Day In The Life ESADE MBA grad Daniel Helmhold describes a typical day as a marketing manager at Kabam in San Francisco | | | Academic and employment history, awards, and extracurricular activities are parts of the MBA application that allow applicants to shine | | | To prepare for test day, exercise your mental "math muscle," use estimates where possible, and simplify complex calculations | | | The joint JD-MBA program at Harvard that produced Mitt Romney, pricey private B-schools, and a $200,000 dean search at Iowa's Tippie School | | | A UConn MBA embroiled in scandal gives up a big bonus, a Tuck grad leaves GM, and a Harvard grad bows out of the race for Yahoo's top job | | | A fellowship program at George Washington University aims to prepare as many as 20 women for service on corporate boards | | | Miranda Kalinowski explains why PricewaterhouseCoopers is a good place to launch a post-MBA career | | | A student at London Business School who grew up in L.A. discusses the benefits of going abroad to get an MBA | | | Harvard loses a renowned economist to Stanford, a Case Western student interns at a hospital in Tanzania, and an Olympic swimmer from McCombs gets a second shot at the gold | | | The use of paid admissions consultants to help MBA applicants improve their odds of acceptance to top schools has sparked debate on the Business School Forums | | | The design for MIT Sloan's newest building includes massive windows designed to flood the mezzanine in natural light | | | Research on the benefits of entrepreneurship, organ swaps, and angry customers has bubbled up from B-school faculty recently | | | Connect with fellow students and recent alumni of the MBA program you're about to start, and start networking before you arrive on campus | | | Check out our video blog for tips and expert advice on choosing the right B-school and making the most of your time there | | | This newsletter is a FREE service provided by BusinessWeek.com. To sign up for other newsletters, cancel delivery, change delivery options or change your e-mail address, please go to our Newsletter Preferences page. If you need other assistance, please contact Customer Service or contact: Dustine Peterson
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To learn more about how BusinessWeek.com applies this policy, you can contact our Marketing Department. | | This week in MBA Express | | Dear Reader: Just when you thought an MBA couldn't get any pricier, along comes the federal government with news that you're sadly mistaken. But this time it's not the B-schools that are to blame (higher tuition) it's federal loan programs that are jacking up the cost of borrowing. By eliminating subsidized loans for graduate students and increasing origination fees, the government is tacking thousands of dollars onto the bill for what is already a very expensive degree. I know what you're thinking: An MBA from some top schools can set you back more than $300,000 including two years of forgone salary, most of which gets paid back fairly quickly thanks to the six-figure salaries that those in I-banking and consulting jobs earn, so what's a few grand more? True enough. But not everyone goes to a top school, and for those getting their degrees from less expensive programs, it's quite possible that higher borrowing costs represent a financial tipping point, one that places an MBA out of reach or makes it a less-than-worthwhile investment. Every time an MBA gets more expensive it increases the likelihood that graduates will seek out high-paying careers. If we want MBAs to enter low-paying fields where they can put their talents to use solving the world's big, intractable problems, we need to make it an affordable degree. Unfortunately, it doesn't seem like we're moving in that direction. Louis Lavelle, Business Schools Editor, Bloomberg Businessweek | | Louis Lavelle |  | | Advertisement  | Business School Resources | Advertisement  | |
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