There has been some discussion around the web lately as to what the real value of a Master of Business Administration is: one Wall Street Journal author told the story of a 36-year-old University of Louisville MBA grad Steve Vonderweidt who is still working as an administrator at a social services agency, almost a year after graduating. With over $75,000 in student-loan debt and facing stiff competition from the highest number of fellow grads ever, Vonderweidt questioned whether the Master’s program was really worth it.
The mantra "Hire Slow and Fire Quickly" has been a favourite of business writers for years. However, an increasing number of thinkers are disagreeing with its sentiment. Danny Boce from Fast Company recently wrote "that catchphrase isn't just dumb, it's counterproductive," particularly for start-ups.
On January 15, 2013, Labour and Advanced Education Minister Marilyn More announced an advisory panel that will gather information about increasing the number of employers and graduates in the apprenticeship program.