Debt Burden At The Top 50 U.S. B-Schools: How Much Can You Expect To Owe For Your MBA?

AVERAGE DEBT AT THE TOP U.S. MBA PROGRAMS: COLLEGE SCORECARD, CONTD.

2024 P&Q Rank	School	Average Student Debt – 2020 (College Scorecard)	Average Student Debt – 2019 (College Scorecard)	YOY Change
26	Rochester (Simon)	$48,298	$54,014	-10.6%
27	Georgia Institute of Technology (Scheller)	$72,815	$72,842	-0.04%
28	Washington (Olin)	$86,057	$84,449	1.9%
29	Georgia (Terry)	$62,560	$63,348	-1.2%
30	Notre Dame (Mendoza)	NA	NA	NA
31	Pennsylvania (Wharton)	$88,542	$85,570	3.5%
32	Brigham Young (Marriott)	$36,877	$36,419	1.3%
33	Texas-Dallas (Jindal)	$46,631	$47,294	-1.4%
34	William & Mary (Mason)	$58,024	$56,570	2.6%
35	Arizona State (Carey)	$58,788	$53,437	10.0%
36	Boston College (Carroll)	$55,328	$53,178	4.0%
37	Indiana (Kelley)	$47,699	$48,496	-1.6%
38	Michigan State (Broad)	$53,855	$50,855	5.9%
39	Maryland (Smith)	$65,025	$69,765	-6.8%
40	UC-Irvine (Merage)	$75,925	$73,800	2.9%
41	Boston University (Questrom)	$54,362	$53,401	1.8%
42	George Washington	$83,128	$75,290	10.4%
43	Texas A&M (Mays)	$50,452	$47,563	6.1%
44	Minnesota (Carlson)	$75,372	$69,090	9.1%
45	UC-Davis	$94,321	$86,567	9.0%
46	Southern Methodist (Cox)	$99,890	$103,602	-3.6%
47	Northeastern (D’Amore-McKim)	$31,324	$37,535	-16.5%
48	Babson (Olin)	NA	NA	NA
49	Rutgers Business School	NA	NA	NA
50	Ohio State (Fisher)	$56,967	$52,440	8.6%
52	Pittsburgh (Katz)	NA	NA	NA
53	Wisconsin	$51,952	NA	NA
55	Utah (Eccles)	NA	NA	NA
56	Massachusetts-Amherst (Isenberg)	$35,888	$35,056	2.4%
57	Texas Christian (Neeley)	$49,072	$50,656	-3.1%
59	Penn State (Smeal)	$44,292	$42,222	4.9%
60	Baylor (Hankamer)	$63,257	$60,822	4.0%
60	Fordham (Gabelli)	$62,874	$60,090	4.6%
64	Houston (Bauer)	$40,464	$43,224	-6.4%
69	Arizona (Eller)	$43,284	$44,906	-3.6%
69	South Carolina (Moore)	$41,769	$40,683	2.7%
UR	St. Louis Chaifetz	$56,267	$46,747	20.4%
UR	American Kogod	$84,881	NA	NA

Next page: Average debt and percentage of graduates who take on debt at the top U.S. B-schools, according to U.S. News.

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