Stanford MBA Tuition Going Up


Inactive User

I just saw that the fees at Stanford are going up - to $57,300 per year.

They're estimating that a single person living on campus, who takes no study trip will be out over $90k for their first year, including expenses, making the whole program near closer to $200k.

I have no doubt this pays investment will pay off in a few years - but really, how do people even come up with the initial capital for these expensive programs? Loans only go so far.

I just saw that the fees at Stanford are going up - to $57,300 per year.

They're estimating that a single person living on campus, who takes no study trip will be out over $90k for their first year, including expenses, making the whole program near closer to $200k.

I have no doubt this pays investment will pay off in a few years - but really, how do people even come up with the initial capital for these expensive programs? Loans only go so far.
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Duncan

My guess is that most students cover most of the cost with loans. $180k seems quite straightforward. http://www.gsb.stanford.edu/finaid/types/federal_loans.html

My guess is that most students cover most of the cost with loans. $180k seems quite straightforward. http://www.gsb.stanford.edu/finaid/types/federal_loans.html
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ralph

According to Businessweek, the average post-graduation loan debt for Stanford grads is around $84k. I'm guessing that the rest is made up from scholarships (the average student gets around $24k) and savings.

According to Businessweek, the average post-graduation loan debt for Stanford grads is around $84k. I'm guessing that the rest is made up from scholarships (the average student gets around $24k) and savings.
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bukeep

Scholarships are given to a really high percentage of students. Here are some info from several schools:
- Simon School of Business:
http://simon.rochester.edu/programs/full-time-mba/tuition-financial-aid/scholarships/index.aspx
- Tepper School of Business
http://tepper.cmu.edu/mba/tuition-financial-aid/index.aspx
- Olin Business School: http://www.olin.wustl.edu/ACADEMICPROGRAMS/MBA/TUITIONFINANCIALAID/Pages/default.aspx

Scholarships are given to a really high percentage of students. Here are some info from several schools:
- Simon School of Business:
http://simon.rochester.edu/programs/full-time-mba/tuition-financial-aid/scholarships/index.aspx
- Tepper School of Business
http://tepper.cmu.edu/mba/tuition-financial-aid/index.aspx
- Olin Business School: http://www.olin.wustl.edu/ACADEMICPROGRAMS/MBA/TUITIONFINANCIALAID/Pages/default.aspx
quote
Greg.L7

They're estimating that a single person living on campus, who takes no study trip will be out over $90k for their first year, including expenses, making the whole program near closer to $200k.

I'm not worried. Even though it sounds like a lot a grad would make that back in two or three years. Loans all the way!

<blockquote>They're estimating that a single person living on campus, who takes no study trip will be out over $90k for their first year, including expenses, making the whole program near closer to $200k.</blockquote>
I'm not worried. Even though it sounds like a lot a grad would make that back in two or three years. Loans all the way!
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Inactive User

Even though it sounds like a lot a grad would make that back in two or three years. Loans all the way!

Unless you're working in a field like clean teach and are at the very bottom of the salary range. Last year there was at least one person who was hired at $35k/year, according to Stanford's employment report!

And the low end of the finance salary range was $20k. Hopefully that person got some stock options or something...

<blockquote>Even though it sounds like a lot a grad would make that back in two or three years. Loans all the way!</blockquote>
Unless you're working in a field like clean teach and are at the very bottom of the salary range. Last year there was at least one person who was hired at $35k/year, according to Stanford's employment report!

And the low end of the finance salary range was $20k. Hopefully that person got some stock options or something...
quote

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