After wrapping up undergrad, it's becoming increasingly popular for students to return to school for a graduate degree in business.

For many, however, the opportunity to get an MBA comes with both benefits and drawbacks. Here are a few pros and cons to consider.

1. Hiring is even higher in 2017
A study released by the Graduate Management Admission Council earlier this year has some great news for prospective MBA students, and for those graduating next month: Hiring is on an upward trend yet again.
The research shows 79 percent of employers expect to hire MBA graduates this year, according to Poets & Quants. That's up over 10 percentage points from 2016 when 68 percent of the same companies hired candidates with MBAs.