Top US MBAs by Student Debt
Posted Jul 24, 2013 09:47
Saw an article today about MBA programs in the US that lead to the most student debt. Here's the run-down, with approximate debt per student:
NYU Stern - $105k
Virginia Darden - $105k
Duke Fuqua - $102k
MIT Sloan - $100k
Michigan Ross - $96k
Cornell Johnson - $96k
Yale - $95k
Dartmouth Tuck - $95k
Kellogg - $89k
Thunderbird - $88k
It all seems like a lot until you realize that many MBAs from these program make over $100k per year plus a potential signing bonus - so they can expect to pay off most of that debt within a year or two.
Saw an article today about MBA programs in the US that lead to the most student debt. Here's the run-down, with approximate debt per student:
NYU Stern - $105k
Virginia Darden - $105k
Duke Fuqua - $102k
MIT Sloan - $100k
Michigan Ross - $96k
Cornell Johnson - $96k
Yale - $95k
Dartmouth Tuck - $95k
Kellogg - $89k
Thunderbird - $88k
It all seems like a lot until you realize that many MBAs from these program make over $100k per year plus a potential signing bonus - so they can expect to pay off most of that debt within a year or two.
Posted Jul 24, 2013 09:54
It also makes Thunderbird look pricey.
It also makes Thunderbird look pricey.
Posted Jul 24, 2013 10:53
Saw an article today about MBA programs in the US that lead to the most student debt. Here's the run-down, with approximate debt per student:
NYU Stern - $105k
Virginia Darden - $105k
Duke Fuqua - $102k
MIT Sloan - $100k
Michigan Ross - $96k
Cornell Johnson - $96k
Yale - $95k
Dartmouth Tuck - $95k
Kellogg - $89k
Thunderbird - $88k
It all seems like a lot until you realize that many MBAs from these program make over $100k per year plus a potential signing bonus - so they can expect to pay off most of that debt within a year or two.
a year or two?
Ezra, normally you ll pay 30-40% of your income in taxes, plus living costs (3-4000$ per month are enough in city like New York, Los Angeles, San Francisco?), then you need a car and you also have to pay your 100.000$ loan interests (6-9% on the loan).
<blockquote>Saw an article today about MBA programs in the US that lead to the most student debt. Here's the run-down, with approximate debt per student:
NYU Stern - $105k
Virginia Darden - $105k
Duke Fuqua - $102k
MIT Sloan - $100k
Michigan Ross - $96k
Cornell Johnson - $96k
Yale - $95k
Dartmouth Tuck - $95k
Kellogg - $89k
Thunderbird - $88k
It all seems like a lot until you realize that many MBAs from these program make over $100k per year plus a potential signing bonus - so they can expect to pay off most of that debt within a year or two.</blockquote>
a year or two?
Ezra, normally you ll pay 30-40% of your income in taxes, plus living costs (3-4000$ per month are enough in city like New York, Los Angeles, San Francisco?), then you need a car and you also have to pay your 100.000$ loan interests (6-9% on the loan).
Posted Jul 24, 2013 13:05
Ezra is also factoring in the dowry for the unmarried ones.
Ezra is also factoring in the dowry for the unmarried ones.
Posted Jul 24, 2013 13:31
And living at home in your parents' basement so you don't have to pay rent.
And living at home in your parents' basement so you don't have to pay rent.
Posted Jul 25, 2013 15:41
For context, I recently read that the average loan debt for INSEAD MBAs is around 70,000 USD.
And at IESE it's about 52,000 USD.
For context, I recently read that the average loan debt for INSEAD MBAs is around 70,000 USD.
And at IESE it's about 52,000 USD.
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