Tuesday, September 9, 2014

Your MBA student may try to tap you

Melissa Korn, WSJ, Sept 4, 2104, says many business students are going to the Bank of Mom and Dad for tuition so they will be able to be entrepreneurs.

Forty percent of those considering graduate business degrees! Those who got commercial loans owed an average of $42K.

Some consider it a gift, others say they will pay it back.

Women are more likely than men to have their parents involved.

Oh--and if parents kick in, they sort of consider this education a "we" thing and mix in.

Didn't you see that one coming, kids? How about you, parents? Are you going to second-guess the business or career choice just because you paid?

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