{"id":17602,"date":"2013-03-24T12:39:19","date_gmt":"2013-03-24T19:39:19","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/?p=17602"},"modified":"2013-03-24T10:43:50","modified_gmt":"2013-03-24T17:43:50","slug":"b-schools-with-the-highest-debt-burden","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/b-schools-with-the-highest-debt-burden\/","title":{"rendered":"B-Schools with the Highest Debt Burden"},"content":{"rendered":"<p>For most b-school applicants, the high cost of an top-tier MBA program is an important consideration in the decision-making process. If that sounds like you, check out the latest ranking released by <em>Bloomberg Businessweek<\/em> of the <a title=\"b-school debt burden\" href=\"https:\/\/images.businessweek.com\/slideshows\/2013-03-07\/the-highest-b-school-debt-burdens#slide1\" target=\"_blank\">highest debt burdens<\/a> facing MBA graduates, where the questionable first-place honor goes to....Duke University's <strong>Fuqua School of Business<\/strong> with an average debt burden of $87,398.<\/p>\n<p>Here's the bird's-eye view of the dubious Top Ten:<\/p>\n<p><strong>1. Duke Fuqua<\/strong><\/p>\n<p>Program Cost: $109,844<br \/>\nAverage Starting Salary: $111,812<br \/>\nAverage Debt Burden: $87,398<\/p>\n<p><strong>2. University of Pennsylvania\u2019s Wharton School<\/strong><\/p>\n<p>Program Cost: $121,610<br \/>\nAverage Starting Salary: $120,702<br \/>\nAverage Debt Burden: $83,226<\/p>\n<p><strong>3. Yale School of Management<\/strong><\/p>\n<p>Program Cost: $115,321<br \/>\nAverage Starting Salary: $104,147<br \/>\nAverage Debt Burden: $82,293<\/p>\n<p><strong>4. Chicago Booth School of Business<\/strong><\/p>\n<p>Program Cost: $111,587<br \/>\nAverage Starting Salary: $115,079<br \/>\nAverage Debt Burden: $82,080<\/p>\n<p><strong>5. UV Darden School of Business<\/strong><\/p>\n<p>Program Cost: $95,900<br \/>\nAverage Starting Salary: $109,335<br \/>\nAverage Debt Burden: $80,528<\/p>\n<p><strong>6. Georgetown McDonough School of Business<\/strong><\/p>\n<p>Program Cost: $99,650<br \/>\nAverage Starting Salary: $99,799<br \/>\nAverage Debt Burden: $77,688<\/p>\n<p><strong>7. UM Ross School of Business<\/strong><\/p>\n<p>Program Cost: $100,389<br \/>\nAverage Starting Salary: $111,047<br \/>\nAverage Debt Burden: $77,607<\/p>\n<p><strong>8. Dartmouth Tuck School of Business<\/strong><\/p>\n<p>Program Cost: $117,930<br \/>\nAverage Starting Salary: $115,302<br \/>\nAverage Debt Burden: $75,081<\/p>\n<p><strong>9. USC Marshall School of Business<\/strong><\/p>\n<p>Program Cost: $103,300<br \/>\nAverage Starting Salary: $97,921<br \/>\nAverage Debt Burden: $70,340<\/p>\n<p><strong>10. Northwestern Kellogg School of Management<\/strong><\/p>\n<p>Program Cost: $113,100<br \/>\nAverage Starting Salary: $116,605<br \/>\nAverage Debt Burden: $69,962<\/p>\n<p>According to the data note provided by<em> Bloomberg Businessweek<\/em>, the schools listed here provided the program cost and average starting salary numbers in fall 2012. Average Debt Burden data was collected in the graduate survey that was part of the 2012 Best Business Schools ranking.<\/p>\n<p>Ultimately, taking on student loan debt is a personal decision. If an M.B.A. will lead to a career with a salary commensurate with the cost of the debt you are about to incur, the decision may be an easy one. However, if you're worried about the MBA debt load that awaits you, read these posts to learn how to<a title=\"reduce your MBA debt\" href=\"https:\/\/www.stacyblackman.com\/2011\/11\/07\/strive-to-lighten-your-m-b-a-debt-load-or-budget-well\/\"> lighten your MBA debt load<\/a>, and <a title=\"paying for your MBA\" href=\"https:\/\/www.usnews.com\/education\/blogs\/MBA-admissions-strictly-business\/2011\/05\/13\/how-to-pay-for-your-mba\" target=\"_blank\">how to pay for your MBA.<\/a><\/p>\n<p>***<br \/>\n<em id=\"yiv295551490yui_3_2_0_28_1340659921821143\">If you are looking for guidance on your <\/em>MBA <em id=\"yiv295551490yui_3_2_0_28_1340659921821143\">application, Stacy Blackman Consulting can help with <a href=\"https:\/\/www.stacyblackman.com\/hourly\" rel=\"nofollow\" target=\"_blank\">hourly<\/a> and <a id=\"yiv295551490yui_3_7_2_19_1352780523881_160\" href=\"https:\/\/www.stacyblackman.com\/process\" rel=\"nofollow\" target=\"_blank\">comprehensive<\/a> consulting services. <a id=\"yiv295551490yui_3_7_2_20_1350310324664_151\" href=\"https:\/\/www.stacyblackman.com\/contact\/\" rel=\"nofollow\" target=\"_blank\">Contact us<\/a> to learn more. Visit the website for <a id=\"yiv295551490yui_3_2_0_19_1348440746756223\" title=\"Stacy Blackman reviews\" href=\"https:\/\/www.stacyblackman.com\/testimonials\" rel=\"nofollow\" target=\"_blank\">Stacy Blackman Reviews<\/a>, and check out the company\u2019s e-publications for more in depth school-by-school guidance.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For most b-school applicants, the high cost of an top-tier MBA program is an important consideration in the decision-making process. If that sounds like you, check out the latest ranking&#8230;<\/p>\n","protected":false},"author":122,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,3,749,775,113],"tags":[1024,1150,1149,1906],"class_list":["post-17602","post","type-post","status-publish","format-standard","hentry","category-mba","category-b-school-life","category-stacy-blackman","category-admission-consultants","category-applications","tag-bloomberg-businessweek","tag-debt-burden","tag-paying-for-your-mba","tag-stacy-blackman","entry"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"For most b-school applicants, the high cost of an top-tier MBA program is an important consideration in the decision-making process. 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