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How Much Savings before MBA?

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Senior Manager
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Joined: 02 May 2004
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How Much Savings before MBA? [#permalink] New post 22 Oct 2005, 09:11
How much savings did everyone have before they went into B-School?
I am worried about spending anything now since I plan to go next fall.
Did financial aid/loans cover most of your expenses? Am I worried too much?
I paid off my undergraduate debt..
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 [#permalink] New post 22 Oct 2005, 13:23
If you are a US citizen than loans can cover everything. Naturally the less loans (especially private loans) you have to take on, the better. Nonetheless, savings shouldn't be much of a factor in whether you should go. Indeed, the earlier in your career the more lifetime earning potential you'll have. Still, if you're able to save 10K+ it will take quite a bit of pressure off.
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