OTOH, you can go through bankruptcy in the US without losing everything.
Just on principle, I would expect someone with an MBA to make better business decisions.
I think the same is true of undergrad education. I never know whether to laugh or scream when people here post things like "When I got my degree (30 years ago), I paid my own way by working summers and it was good for me and what's wrong with kids today who move back in with your parents because you can't stand to give up your big screen TV and free laundry?"
College costs in the US have increased 1,120% in the last 30 years and it is much harder to get scholarships and aid than it used to be. That's a lot of what's wrong with kids today.