Should one go for MBAs in schools like INSEAD or Ivy League ones with?
You have defined the risk involved when you finance education with a loan. You have to decide whether to take that risk by reflecting on the costs and potential benefits. You cant shove the decision onto someone here. You can achieve an MBA without involving yourself in the status issue where you continue working and study through distance learning and avoid the risk. You will probably do better this way. Another downside of taking the high-status MBA is that you have to go through a learning process to do an actual job once you have the degree.