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

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

AVERAGE INDEBTEDNESS & PERCENTAGE OF CLASS GRADUATING WITH DEBT AT THE TOP U.S. MBA PROGRAMS: U.S. NEWS

2024 P&Q Rank School Average Indebtedness – 2023 (US News) Average Indebtedness – 2022 (US News) YOY Change Percent of Class of 2023 Graduating With Debt (US News) Percent of Class of 2022 Graduating With Debt (US News) YOY Change
1 Stanford GSB NA NA NA 38% 42% -4
2 Harvard Business School $99,395 $88,757 12.0% 56% 52% +4
3 Dartmouth (Tuck) NA NA NA NA NA NA
4 Columbia Business School NA NA NA NA NA NA
5 Yale SOM $121,225 $104,882 15.6% 41% 44% -3
6 Duke (Fuqua) $111,907 $105,084 6.5% 56% 56% None
7 Cornell (Johnson) NA NA NA NA NA NA
8 Virginia (Darden) NA $114,043 NA NA 53% NA
9 Michigan (Ross) NA NA NA NA NA NA
10 New York (Stern) NA NA NA 34% 45% -11
11 Chicago (Booth) NA NA NA NA NA NA
12 Northwestern (Kellogg) NA NA NA NA NA NA
13 UCLA (Anderson) NA NA NA NA NA NA
14 MIT (Sloan) NA NA NA NA NA NA
15 UC-Berkeley (Haas) $94,657 $110,102 -14.0% 57% 46% +11
16 Carnegie Mellon (Tepper) $99,521 $104,233 -4.5% 47% 51% -4
17 Washington (Foster) $48,777 $68,316 -28.6% 21% 36% -15
18 Rice (Jones) $72,098 $73,817 -2.3% 41% 53% -12
19 Texas-Austin (McCombs) NA NA NA NA NA NA
20 North Carolina (Kenan-Flagler) $101,350 $107,994 -6.2% 50% 65% -15
21 Vanderbilt (Owen) $92,137 $95,522 -3.5% 47% 48% -1
22 Southern California (Marshall) NA NA NA NA NA NA
23 Emory (Goizueta) $102,316 $95,094 7.6% 54% 59% -5
24 Georgetown (McDonough) NA NA NA NA NA NA
25 Florida (Warrington) $33,490 $27,376 22.3% 38% 27% +11

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

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