Original Article: http://www.chicagotribune.com/bluesky/series/mba/ct-mba-costs-bsi-201508…

“John Challenger, CEO of executive-placement firm Challenger, Gray & Christmas, said MBAs work better for people earlier in their careers and that they don’t necessarily translate to higher pay. Performance matters most, he said.

‘For some companies, an MBA says something about you, that you’re able to have the tenacity, the stick-to-itiveness, the smarts to go get that MBA,’ Challenger said. ‘It signifies something about you that makes employers’ ears perk up.

‘I do think that at the top schools that it’s really a badge that signifies not only that you completed the classes but that you were able to get in. And it can help you being heavily networked while you were there.’”