Jodi Kantor, writer for the New York Times, chronicles class division and inequality at Harvard Business School. In addition to $50,000 plus a year tuition, students are expected to spend significant amounts of money for extracurricular events and activities. Some students interviewed in the story estimated that the costs of social events were upwards of $20,000 over the program. Kantor also noted increasing division between students of middle and lower socioeconomic status and students (both domestic and international) who come from incredibly wealthy backgrounds.
Paul Krugman commented on the article today in the New York Times. He suggests that wealth inequality is moderating the benefits of education, making upward mobility more difficult.