EIU’s Which MBA have a great diaries series following the fortunes of five MBA students from Northwestern University’s Kellogg School of Management. Makes for some sobering reading:

“I have also learned that, unlike in the recent past, an MBA looking for opportunities to do something completely new, with no previous experience in an industry, may be chasing a mirage.” – Jorge

“Opportunities for international students have diminished dramatically in the US” – Sultan