10 Business Schools That Lead to the Most Debt
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Prospective M.B.A. students who are interested in attending business school without straining their wallets may find deals at public business programs in their state. For many, though, attaining a business education involves borrowing money, leaving many graduates struggling to pay off the crippling debt.
In all, 172 of the 437 business programs surveyed by U.S. News provided average indebtedness data for graduating students in 2010. Among them, M.B.A. students graduated with an average debt of $34,940 in 2010, although students attending business schools with the highest debt burdens were accountable for sums more than $50,000 higher.
Graduates averaged $90,137 of debt among the 10 business programs with the most heavily debt-laden students. The Wharton School at the University of Pennsylvania, the business school that graduates students with the highest debt loads, topped the national average by more than $70,000, with each graduating student averaging $109,836 in debt.
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That's one sacrifice many students must be willing to make in order to attend a top-ranked business school. Five of the 10 business programs that lead to the most debt for graduates are among the top 10 in U.S. News's rankings of the Best Business Schools, and all 10 programs fall in the top 30.
Business schools that were designated by U.S. News as Unranked were not considered for the list below. U.S. News did not calculate a numerical ranking for Unranked programs because the program did not meet certain criteria that U.S. News requires to be numerically ranked.
These 10 business schools graduated students with the heaviest average debt loads in 2010, based on school-reported data to U.S. News:
Don't see your school in the top 10? Access the U.S. News Business School Compass to find complete rankings and much more.
U.S. News surveyed more than 400 schools for our 2010 survey of business programs. Schools self-reported a myriad of data regarding their academic programs and the makeup of their student body, among other areas, making U.S. News's data the most accurate and detailed collection of college facts and figures of its kind. While the data comes from the schools themselves, these lists have no influence over U.S. News's rankings of Best Colleges or Best Graduate Schools.
Originally Published On: www.usnews.com - Original Article Here