Economics, Education, and the Business School Pipeline


This report highlights the historic relationship between variables of educational attainment and long-run economic outcomes in the context of graduate business education. For individuals and societies, long-run economic outcomes are highly related to levels of educational attainment. While nations benefit from an educated workforce through increased productivity and innovation, educated workers earn a wage premium and increased job security through their ability to better compete for positions in the labor market. In the short-run, fluctuations in economic activity also play an important role in shaping education pipelines by altering incentives for prospective students.