Writing An Effective MBA Resume

Student Debt

Stat Of The Week

Which Graduates Borrow The Most?

 

Think business school is expensive? It’s certainly costly at a top tier program. For example, among the Class of 2013, 70 percent of Columbia Business School grads were in debt at an average of $115,200. And it doesn’t get much better down the line: North Carolina Kenan-Flagler ($84,696 / 61 percent), Vanderbilt Owen ($76,205 / 67 percent), and Rice Jones ($66,265 / 49 percent) are three examples.

So a recent post from the National Public Radio (NPR) caught our eye. According to a recent National Postsecondary Student Aid Study for students who graduated in 2012, MBAs get off cheap. How cheap? The average median graduate debt for MBAs was $17,000. Compare that to medical school ($148,000), law school ($117,000), or even a Master’s of Education ($46,000). Even more, the average graduate school debt was $23,000.

In fact, 45 percent left school with no debt (Thank you, EMBAs!). That said, 20 percent graduated with $60,000 or more of debt. To see how business schools fare against graduate programs, check out the charts below.

Source: NPR's Planet Money

Source: NPR’s Planet Money

Debt2

Source: NPR

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Video of the Week

 

Get Accepted Into Harvard Business School

Source: Linda Abraham

Weekly News Bits

 

Why Harvard Business School Is Ahead of The Curve in Gender Equity

Source: Business Insider

The Role of Business School Alumni Network and Location

Source: InGenius Prep

10 Costliest Online MBA Programs

Source: U.S. News & World Report

10 Traits That Harvard Looks For In Ideal MBA Candidates

Source: Business Insider

What To Know About Meeting with Admissions

Source: Beat the GMAT

How to Evaluate Your MBA Professors

Source: Financial Times

Reflection: What Makes HBS So Special

Source: Beat the GMAT

Tips on Finalizing Your B-School List

Source: Beat the GMAT