The escalating cost of the MBA and the fact that networking and access are no longer the dominion of academic institutions (largely due to the rise of technology-enabled networking) are spot on. That said, even though I’m personally not into the idea of an MBA, I will caution against throwing the baby out with the bathwater. I firmly believe you can — and should — learn most of what you need to perform your job through continuous learning, but academia offers us an ability to think beyond the lens of our own individual experience. When we stop encouraging people to use academia as a tool for expanding their understanding of the world, we encourage myopia. I’m well aware that institutionalized education is quite guilty of rinsing out individuality, but I’ll say that my formal education gave me the ability to think critically or imaginatively in a way I find absolutely absent from the modern day workplace.