5 business schools where 40% or more MBAs graduate with $100K+ in debt

Students often take on major levels of debt to earn a Master of Business Administration, Bloomberg Businessweek reports.

Bloomberg conducted a survey of more than 10,000 students who graduated in 2018 from MBA programs at 126 top business schools internationally. It found a significant portion of graduates took on debt to complete the degree, a trade-off for what is often seen as a ticket to higher pay and more career opportunities.

Here are five schools Bloomberg found where at least 40 percent of students graduated with six-figure debt:

  • Duke University's Fuqua School of Business (Durham, N.C.) — 47 percent of students had six-figure debt
  • Dartmouth College's Tuck School of Business (Hanover, N.H.) — 46 percent
  • University of Michigan's Ross School of Business (Ann Arbor) — 43 percent
  • Cornell University's SC Johnson Graduate School of Management (Ithaca, N.Y.) — 41 percent
  • University of Chicago's Booth School of Business — 40 percent

Bloomberg found median starting pay was $80,000 to $140,000 for graduates of schools where at least 1 in 5 MBAs graduated with $100,000 or more in debt. 

Read more here.  

 

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