Stanford GSB | Mr. Aviation Geek
GMAT 740, GPA 4.0
MIT Sloan | Mr. Future Tech Consultant
GRE 323, GPA 3.81
Wharton | Ms. Product Manager
GMAT 730, GPA 3.4
Tepper | Mr. Climb The Ladder
GRE 321, GPA 3.1
Kellogg | Mr. Startup Supply Chain Manager
GMAT 690, GPA 3.64
Kenan-Flagler | Mr. MBA Prospect
GRE 318, GPA 3.4
Stanford GSB | Ms. Engineering To Finance
GRE 333, GPA 3.76
Stanford GSB | Ms. Indian Non-Engineer
GMAT 760, GPA 9.05/10
Wharton | Mr. Indian Engineer + MBA Now In Consulting
GMAT 760, GPA 8.7 / 10
Darden | Mr. MBB Aspirant/Tech
GMAT 700, GPA 3.16
MIT Sloan | Mr. Marine Combat Arms Officer
GMAT 710, GPA 3.3
Stanford GSB | Ms. Anthropologist
GMAT 740, GPA 3.3
Kellogg | Mr. PM To Tech Co.
GMAT 720, GPA 3.2
UCLA Anderson | Ms. Tech In HR
GMAT 640, GPA 3.23
MIT Sloan | Mr. Electrical Agri-tech
GRE 324, GPA 4.0
MIT Sloan | Mr. Aker 22
GRE 332, GPA 3.4
Duke Fuqua | Ms. Consulting Research To Consultant
GMAT 710, GPA 4.0 (no GPA system, got first (highest) division )
Stanford GSB | Mr. Future Tech In Healthcare
GRE 313, GPA 2.0
Cornell Johnson | Ms. Environmental Sustainability
GMAT N/A, GPA 7.08
Harvard | Mr. Gay Singaporean Strategy Consultant
GMAT 730, GPA 3.3
Stanford GSB | Ms. Creative Data Scientist
GMAT 710, GPA 3.0
UCLA Anderson | Mr. Military To MGMNT Consulting
GMAT 740, GPA 3.7
MIT Sloan | Mr. Agri-Tech MBA
GRE 324, GPA 4.0
Wharton | Mr. Data Scientist
GMAT 740, GPA 7.76/10
Harvard | Ms. Nurturing Sustainable Growth
GRE 300, GPA 3.4
MIT Sloan | Ms. Senior PM Unicorn
GMAT 700, GPA 3.18
Harvard | Mr. Lieutenant To Consultant
GMAT 760, GPA 3.7

How To Calculate Your Potential MBA Debt

How To Calculate Your Potential MBA Debt

The MBA is an expensive investment. On average, MBAs graduate with at least $100,000 in debt. If you’re going to take out loans to fund your MBA education, it’s important to plan out how much you’ll be expected to repay with interest.

To give you an idea, we used NerdWallet’s handy MBA student debt calculator and estimated how much you’ll owe at a few top B-schools. We calculated the total amount you’d repay using the average MBA student debt at B-Schools and assumed a standard 10-year plan at 6% interest rates.

STANFORD GSB

Stanford GSB, which ranked number one in our annual MBA rankings, has an average MBA student debt of $41,000, according to data from the Department of Education’s College Scorecard.

Taking a loan of $41,000 under the standard 10-year plan and at 6% interest per year, you’d repay a total of $54,621.6 with a monthly payment of $455.18.

You can expect the same total repayment cost at Wharton and Tuck, where average MBA debt is also $41,000.

COLUMBIA BUSINESS SCHOOL

The average MBA student debt at Columbia University is $69,500.

If you took out a loan amount of $69,000 with an annual interest rate of 6% at 10 years, you’d repay a total of $91,924.8. Your monthly payment would be $766.04.

NORTHWESTERN KELLOGG

Kellogg MBA grads have some of the highest average student debt at $106,803.

Taking out a loan amount of $106,000 with a 10-year plan and annual interest rate of 6% would cost you in total $141,218.4. Expect monthly payments of $1,176.82

Of course, these are all estimates and are based on a variety of assumptions, including how much you’re borrowing to how many years and at what interest you’d be paying. Additionally, money from fellowships, employee-sponsorships, and scholarships often don’t require you to repay any money.

Want to calculate how much you’ll repay for loans customizing a range of variables? Use the calculator here.

Sources: NerdWallet, P&Q, US Department of Education

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