MBA applications down for the third straight year

Uncertainty about the job market has kept prospective business students away from MBA programs, according to The Wall Street Journal.

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Applications for MBAs are down for the third year in a row, dropping an average of 9.9 percent from last year, according to numbers from the Graduate Management Admission Council.

From The Wall Street Journal:

“Historically, interest in graduate school has increased when the job market soured, but the prolonged uncertainty about future growth has discouraged some prospective MBA applicants.”

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