<prompt> Human: Hi,I just wanted to get PF take on an MBA. Im currently 24, make about 75k a year and have about 45k saved up. I currently co-manage a sales team of 12 in a thriving start up in LA. With that said, I want to get my MBA to progress my career and get up to a 6 figure salary. The loans scare me and so I thought a part time MBA would be a potentially happy medium. I wouldnt settle for anything less than a top 20 school. Anyone have insight as to if the MBA is a worthy investment?  <response>: An MBA from a top 20 school has one thing to offer...their time. Most companies that you currently work for are not going to pay you much more for an MBA because what extra value do you bring?Places like McKinsey and Co. will pay you well over a 100k but those are truly churn and burns. They want young people with MBAs that can make pivot tables, sling jargon, and produce ooh and awe reports. At best you could market yourself and get a 10-30 pay increase with a different company. But you could do that without an MBA. How much will you spend and how long will it take an ROI to recoup those expenses? Unless you can answer those questions an MBA isnt going to do you any good anyways. Lets say you went to a state school for 12k, what delta would an Ivy league MBA add on top of the benefits of the economy MBA?All in all it is only a question that you can answer.I own a consulting company. I have a state school MBA and my lead consultant has an Ivy league MBA. I sign his checks. 