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This is exactly what happened in 2008. When job prospects suck, it’s a great time to go back to school.

When the economy is hot, it’s not a good time. It’s not that unusual for people to not finish their MBA during these times. Connect with the right company over the summer and just stay. Most MBA schools make it super easy to come and finish up your degree.

This seems like a good point; (speculating) especially if an MBA is viewed asa means to earn more in a declining economy. I don't know much about the programs and the expected increase in salary upon completion.

MBA or other Master's degrees are ways to buy time to wait out a bad economy.

Under what measures is the economy doing “very well”?

I see low unemployment rates as one indicator of good economy, but otherwise we have low labor force participation, low wage growth, low GDP growth (lower than the annual deficit). The S&P 500 is in an earnings recession.

https://www.marketwatch.com/story/the-sp-500-is-in-its-first...