POST Online Media Lite Edition



 

Only 2 in 10: Very few MBA, law graduates say their degree prepared them well

Staff Writer |
Masters of business administration (MBAs) and law degree graduates are less likely than other postgraduates to say their graduate degree prepared them well for life outside of graduate school and that it was worth the cost.


Only two in 10 MBAs and law degree holders say their education prepared them well, while half of medical degree holders say the same.

Law graduates, in particular, rate the value of their degree poorly. Less than a quarter of law degree holders strongly agree that their education was worth the cost, compared with about six in 10 of those with medical (58%) or doctoral (64%) degrees.

While both medical and law degrees are expensive, law degree holders may be less likely to say their degree was worth the cost because of the weak job market for those with a law degree in recent years.

Additionally, doctoral graduates may rate the value of their degree highly because many receive financial aid during their programs in the form of teaching and research assistantships.

These results come from the Gallup-Purdue Index nationally representative study of postgraduate degree holders in the U.S., which includes more than 4,000 adults who received a postgraduate degree between 2000 and 2015.