(NEWSER) – If you ditched your law school dreams and took the MBA route instead in the hope of actually finding a well-paying job upon graduation, the Wall Street Journalhas some really depressing news for you. The paper today takes a look at the plight of recent MBAs, who are emerging into a job market glutted with new grads that's paying less than it once did. A recent analysis found that MBAs with less than three years of experience had a median pay of $53,900 last year, a 4.6% decrease from 2007-2008; meanwhile, tuition and fees for the degree have jumped 24% over the last three years.
