Is getting that out-of-state MBA really worth it?
Staying local is the general trend for budget-conscious MBA students, and there’s a good reason for this. According to the stats over at U.S. News, out-of-state students could pay close to $60,000 a year above average local tuition fees at some public universities.
Here are a few highlights from the research that uncovered these astronomical numbers:
• Michigan Ross charged the out-of-state students $59,778 in tuition fees (about $5,000 more than in-state fees), the highest of any of the 50 public business schools associated with the study.
• Out-of-state MBA students who attended Maryland Smith racked up a $49,413 tuition bill. This school is new to the pricey policy shift in public education.
• California hosts several institutions that have made the list for traveling students’ swollen tuition fees, including UC business schools like Haas, Rady, Davis, UCLA Anderson, and Riverside-Anderson.
Armed with this information, the question begs asking if students will begin to reconsider the trek to out-of-state business school worth their while, or their student loans.
Here are the top ten b-schools with inflated tuition fees that students are paying an arm and a leg to attend:
Related Resources:
• How to Fund Your MBA
• Best MBA Programs: A Guide to Selecting the Right One
• The Truth About Student Loans
This article originally appeared on blog.accepted.com.
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