MBA Debt Burden At The Top 50 U.S. Business Schools: Where Grads Owe The Most & Least

AVERAGE DEBT FOR MBA GRADUATES OF THE TOP U.S. BUSINESS SCHOOLS, CONTD.

2023 P&Q Rank	School	Average Student Debt – 2014-2019 (College Scorecard)	Average Indebtedness – 2022 (US News)	Percent of Class of 2022 Graduating With Debt (US News)	Tuition & Fees – 2022	MBA Average Pay – 2022*
26	Georgia Institute of Technology (Scheller)	$72,842	NA	NA	$40,752	$159,326
27	Notre Dame (Mendoza)	NA	$62,018	42%	$ 64,660	$157,055
27	Vanderbilt (Owen)	$91,454	$95,522	48%	$ 68,500	$166,435
29	Rice (Jones)	$53,050	$73,817	53%	$ 69,000	$167,680
30	Rochester (Simon)	$54,014	$59,453	71%	$49,000	$154,647
31	Arizona State (Carey)	$53,437	$20,549	17%	$48,400	$146,486
32	Minnesota (Carlson)	$69,090	$45,416	41%	$52,248	$140,985
33	Penn State (Smeal)	$42,222	$34,235	41%	$45,004	$136,530
34	Brigham Young (Marriott)	$36,419	NA	NA	$14,208	$133,760
35	Ohio State (Fisher)	$52,440	$46,495	38%	$32,606	$123,880
36	Georgia (Terry)	$63,348	$21,113	28%	$32,606	$137,306
37	Boston University (Questrom)	$53,401	NA	NA	$58,560	$129,958
38	Texas A&M (Mays)	$47,563	$46,926	55%	$49,000	$127,138
39	Wisconsin	NA	$41,846	47%	$79,994	$139,229
40	Texas-Dallas (Jindal)	$47,294	$36,778	35%	$29,818	$134,495
41	Maryland (Smith)	$69,765	NA	NA	$113,292	$140,836
42	Florida (Hough)	$43,821	$27,376	27%	$29,903	$133,549
43	Pittsburgh (Katz)	NA	NA	NA	$33,504	$112,720
44	UC-Irvine (Merage)	$73,800	$74,091	29%	$57,596	$142,943
45	Michigan State (Broad)	$50,855	$45,532	56%	$54,456	$131,027
46	Southern Methodist (Cox)	$103,602	NA	NA	$47,445	$136,912
47	William & Mary (Mason)	$56,570	$66,233	41%	$45,916	$126,183
48	Rutgers Business School	NA	$43,000	32%	$28,589	$124,905
49	Utah (Eccles)	NA	NA	NA	$35,000	$125,875
50	George Washington	$75,290	$72,638	39%	$57,060	$122,052
52	Boston College (Carroll)	$53,178	$89,666	38%	$56,760	$131,790
54	UC-Davis	$86,567	$75,736	35%	$52,928	$117,120
55	Fordham (Gabelli)	$60,090	$42,924	37%	$107,923	$142,050
60	South Carolina (Moore)	$40,683	$50,874	43%	$60,384	$103,468
61	Texas Christian (Neeley)	$50,656	NA	NA	$48,330	$116,594
66	Arizona (Eller)	$44,906	$47,406	40%	$32,290	$116,993
70	Massachusetts-Amherst (Isenberg)	$35,056	$30,403	20%	$36,802	$115,737
71	Baylor (Hankamer)	$60,822	NA	NA	$50,232	$87,741
73	Houston (Bauer)	$43,224	NA	NA	$41,932	$92,511
83	Northeastern (D’Amore-McKim)	$37,535	NA	NA	$90,200	$104,746
96	St. Louis Chaifetz	$46,747	$37,206	52%	$50,620	$77,809

*Calculated taking average salary X 100, adding to average sign-on bonus X percentage of students reporting that they received it, then dividing by 100.