How Much Will You Have To Borrow?

Highest MBA Debt Burdens At Ranked Business Schools

 

School 2013 Debt % In Debt 2012 Debt 2011 Debt ’13–12 Change
UPenn (Wharton) $118,100* 68% $117,200* $114,339* +0.8%*
Columbia Business School $115,200* 70% $114,800* $100,000 +0.3%*
Duke (Fuqua) $108,186 66% $102,054 $96,805 +6.0%
Virginia (Darden) $102,968 62% $105,490 $90,949 -2.4%
MIT (Sloan) $100,512 72% $100,212 $86,688 +0.3%
Dartmouth (Tuck) $96,170 70%* $94,512 $96,346 +1.8%
Michigan (Ross) $97,915 60% $95,720 $93,602 +2.3%
Cornell (Johnson) $97,500 68%* $95,600 $90,194 +2.02%
Yale $96,341 73% $95,235 $93,723 +1.2%
New York (Stern) $93,832 69%* $105,782 $89,040 -11.3%
Northwestern (Kellogg) $91,834 66% $88,740 $90,200 +3.5%
Pepperdine (Graziadio) $89,245 43% $85,672 $66,111 +4.2%
UNC (Kenan-Flagler) $84,696 61% $82,784 $82,747 +2.3%
Thunderbird $84,187 45% $88,195 NA -4.5%
Carnegie Mellon (Tepper) $83,928 68% $88,156 $83,388 -4.8%
Stanford GSB $79,869 70%* $79,049 $77,559 +1.0%
UCLA (Anderson) $77,326 54% $71,995 $73,417 +7.4%
Indiana (Kelley) $77,038 64% $76,685 $67,562 +0.5%
Chicago (Booth) $76,700* 68%* $72,959 $70,839 +5.1%*
Vanderbilt (Owen) $76,205 67%* $84,342 $87,587 -9.6%
Harvard Business School $73,926 61% $70,731 $77,880 +4.5%
UC-Irvine (Merage) $71,843 46% NA NA ———-
Texas-Austin (McCombs) $70,395 67% $80,589 $76,351 -12.6%
Minnesota (Carlson) $69,372 62% $61,916 $60,473 +12.0%
Washington Univ. (Olin) $68,047 57% $68,732 $67,361 -1.0%
Fordham University $66,664 48% $69,637 NA -9.6%
Rice University (Jones) $66,265 49% NA NA ———-
Babson College (Olin) $65,700 36% NA NA ———-
UC-Berkeley (Haas) $64,598 53% $63,652 NA +1.5%
Boston College (Carroll) $64,342 67%* $61,400 NA -4.8%
Emory (Goizueta) $63,979 67% $62,716 $68,078 +2.0%
Notre Dame (Mendoza) $61,547 66% NA NA ———-

Source: Business schools reporting the average indebtedness of recent graduating classes to U.S. News & World Report or to Poets&Quants

Notes: An asterisk indicates an estimate by Poets&Quants.

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