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Thunderbird Graduate School Of International Management Beginning For-Profit Partnership

Another longtime Valley institution of higher learning, the Thunderbird Graduate School of International Management, is also going to undergo dramatic changes. Earlier this month, the Glendale-based school announced a partnership with for-profit Laureate Education Inc. Under the agreement, the school could get more than $50 million from a sale-leaseback of its campus.

John Byrne is editor-in-chief of Poetsandquants.com, a site that focuses on providing information and analysis of the best business schools in the U.S. He gives some perspective on what this means and the current state of schools focusing on MBAs. Byrne is also former executive editor of "Businessweek."