Applications to business schools are down—but women are making modest gains

Workers with MBA degrees earn some of the highest wages in the country.

PayScale estimates that MBA holders earn roughly $87,000 per year on average, and The Financial Times estimates that the average salary for a recent business-school graduate is roughly $150,000. Both of these estimations are significantly higher than what Americans make on average, which is closer to $50,000 per year, according to the Bureau of Labor Statistics.

Still, U.S. business schools are seeing a major drop in applications.

But business schools are also calling attention to a silver lining. MBA programs enroll a higher percentage of women than ever before — a trend that some experts say may help close the gender pay gap and inequities in business. […]

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