The following statistics count the unemployed Harvard MBAs three months after graduation (excluding employer sponsored MBAs and start-up founders etc).
I have been saying this for more than a decade, the mother of all bubbles for past half century or more has been the education bubble, enabling bloated administrative bodies, college campuses that look like Mar-a-Lago, overpaid basketball coaches, fat tenured professors, army of support staffs all milking the cash cow to the last penny, all for certificates worth not a toilet paper.
Seems like the bubble is bursting at last...I mean I know many community colleges are struggling, but when Harvard MBA cohorts feel the pinch, that points to a generational shift somewhere. What do ya guys think?
