One-year MBAs, the way to go

Abstract

With the costs of higher education in the US rising at a rapid pace, their model has recently been subjected to severe criticism. In a stinging critique, recent articles in The Economist and the The Washington Post ask whether US higher education, currently the toast of the world, will suffer the same fate as the US automobile industry — i.e., become too bloated and expensive to survive. We know that the only way to attain developed country standards in health or education is to adopt resource-l ....

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