Not even an MBA can save Gen Z and they know it—now U.S. business school applications have plunged 25% as job prospects dim

Gen Z is staring down an AI-driven job market with fewer guarantees —and even business school is looking less like a lifeline. Applications to U.S. graduate business programs plunged 25% in 2026, marking the steepest decline in nearly a decade. According to the data released Tuesday by the Graduate Management Admission Council, the drop reverses two consecutive years of application growth. A perfect storm of factors—including economic uncertainty, shifting visa policies , and geopolitical tensions —is weighing on demand.

Source: Fortune Crypto