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.
Top US MBAs by Student Debt
Posted Jul 24, 2013 09:47
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.
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).
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.
Posted Jul 24, 2013 13:31
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.
And at IESE it's about 52,000 USD.
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