By Alexandra Talty
Joe Mihalic was excited for his MBA program. A former manager in a tech factory in Austin, Texas, Mihalic was “jacked” to be attending Harvard Business School, despite the nearly six figures of student loans that he needed to take out for the privilege.
Although he didn’t factor in the opportunity cost of attending school full-time for two years, he looked at the average income of Harvard business school graduates and felt that the debt was doable. Besides, it was Harvard.