What’s all this talk of laid off people going back to school, people?

Number one … How the hell can anyone afford education in this environment? The University of Texas (UT) MBA program is $8,800 (conservatively), which amounts to about $980 per month … can someone explain to me how you can get LAID OFF and then decide you’re going to magically come up with another grand a month to GO TO SCHOOL?

It’s all nonsense. I have not heard of a SINGLE individual at work who decided to all of a sudden join the ranks of MBA students just because they got laid off.

On a related note, in my home country of Ukraine, it seems like EVERYONE has at least TWO degrees … mostly a law degree and a business degree, which does make them more competitive.  However, they seem to have gotten those degrees back-to-back, while living with parents …

At any rate … As I was sitting at work, watching HR people walk my colleagues out one by one, I realized that although I cared on a personal level, I didn’t give a shit on all other levels.  They’ve cut star-studded, seasoned professionals, those who you would never think would be laid off … I am yet to hear about ANY of them going back to school.

Don’t believe the hype.  And while you’re at it, consider the kind of business education you’re gonna get, anyway … Most likely, it’s going to be a hard-to-digest Keynesian smoothie of macroeconomics and bullshit.  Go Mises!