There are plenty of students who aspire to earn an M.B.A., however, many may be unaware of the wallet-friendly business programs in their very own state of residence. For many, financing a business school education may lead to student loans and heavy debt loads come graduation.
Some programs end up leaving students with nearly $100,000 in debt at graduation. Yet, there are those that find it worth it to attend a top-ranked business school. The top ten business schools that result in a heavier financial burden are all programs ranked in the top 25.
Based on school-reported data to U.S. News, the following are ten business schools (2011) that lead to the most debt:
10. Massachusetts Institute of Technology (Sloan)
Average indebtedness: $86,688
Rank: 4
9. Vanderbilt University (Owen) (TN)
Average indebtedness: $87,587
Rank: 25
8. New York University (Stern)
Average indebtedness: $89,040
Rank: 11
7. Cornell University (Johnson) (NY)
Average indebtedness: $90,194
Rank: 16
6. Northwestern University (Kellogg) (IL)
Average indebtedness: $90,200
Rank: 4
5. University of Virginia (Darden)
Average indebtedness: $90,949
Rank: 13
4. University of Michigan-Ann Arbor (Rose)
Average indebtedness: $93,602
Rank: 13
3. Yale University (CT)
Average indebtedness: $93,723
Rank: 10
2. Darthmouth College (Tuck) (NH)
Average indebtedness: $96,346
Rank: 9
1. Duke University (Fuqua) (NC)
Average indebtedness: $96,805
Rank: 12
Check out the Top 10 Law Schools that lead to the LEAST amount of debt HERE.
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