{"id":26144,"date":"2014-11-04T11:28:31","date_gmt":"2014-11-04T18:28:31","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/2014\/11\/mba-news-average-mba-debt-for-business-school-graduates\/"},"modified":"2014-11-04T11:28:31","modified_gmt":"2014-11-04T18:28:31","slug":"mba-news-average-mba-debt-for-business-school-graduates","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/mba-news-average-mba-debt-for-business-school-graduates\/","title":{"rendered":"MBA News: Average MBA Debt for Business School Graduates"},"content":{"rendered":"
\"What<\/a><\/p>\n

What does your business school\u2019s average MBA debt mean for your future?<\/p>\n<\/div>\n

What\u2019s the latest news in business school education today? From the MBA graduates who are making the most money<\/a> and accruing the least debt to a former basketball player wishing he had gone MBA rather than NBA, let\u2019s dig into the latest business school news.<\/p>\n

Average MBA debt or average MBA?<\/h3>\n

Want to get your MBA<\/a>? Then remember the number $42,000. That\u2019s the average MBA debt for business school graduates, according to the New America Foundation<\/a>. Not too bad, considering that that 43% of MBAs are graduating without any debt<\/a>.<\/span> But does average MBA debt mean an average MBA education? And if so, are you willing to settle for average? Check out this list of top schools, their average MBA debt load, and what percentage of their students actually carry debt. (Poets & Quants<\/a>)<\/p>\n

Career opportunities meet quality of life in Singapore<\/h3>\n

Having abundant career opportunities in a cultural melting pot (Chinese, Indian, and Malaysian, among others) on top of being one of the cleanest, greenest, most secure urban cities in the world, make Singapore an increasingly popular choice for MBA graduates. (BusinessBecause<\/a>)<\/p>\n

NBA or MBA?\u2014Ask Antoine Walker<\/h3>\n

Former Boston Celtics player Antoine Walker<\/a> had it all back in 1996 when he was just 19. He had been drafted by the NBA and subsequently awarded lucrative endorsement deals and multi-million-dollar contracts. You\u2019d think he would never have to worry about money again…and so did he. By 2010, he was deep in debt and filing for bankruptcy after squandering his money on a series of bad real estate investments and luxuries like high-priced condos, designer watches, and a Maybach<\/a>. Reflecting on these poor financial decisions, Walker said that if he could do it all over again, he \u201cwould definitely get an MBA today.\u201d (Bloomberg BusinessWeek<\/a>)<\/p>\n

Wake Forest parts with convention<\/h3>\n

Wake Forest University is out going out of the business of traditional daytime business school education. The university announced last week that its School of Business<\/a> will continue to offer flexible MBA programs for working professionals at night in Winston Salem and on nights and weekends in Charlotte. However, it will no longer accept new students to its full-time, two-year program. U.S. News & World Report currently ranks Wake Forest as the 58th \u201cbest\u201d business school<\/a> in the United States. (The Greensboro News & Record<\/a>)<\/p>\n

Take the GRE on your path to \u2026 business school?<\/h3>\n

ICYMI: Kaplan\u2019s recently released 2014 survey of business school admissions officers<\/a> found that a full 85% of America\u2019s business schools now accept scores from the GRE as well as the GMAT. When Kaplan first began tracking this trend in 2009, that figure was only 24%. What a difference a few years (not to mention major test changes and heavy marketing from the test maker) make! (U.S. News University Directory<\/a>)<\/p>\n

Expecting more from business school students<\/h3>\n

One experienced voice in business school education thinks that MBA administrators and faculty must demand much more in the way of performance from their students so that their students, in turn, will bring those same levels of achievement to their future careers\u2014and continue to pass those skills on to other MBA graduates. To do this, he says a big culture change at business schools is needed. (The Wall Street Journal<\/a>)<\/p>\n

What issues on the MBA landscape are you interested in talking about? Share your comments with your fellow aspiring MBAs below.<\/i><\/p>\n

The post MBA News: Average MBA Debt for Business School Graduates<\/a> appeared first on Kaplan GMAT Blog<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

What does your business school\u2019s average MBA debt mean for your future? What\u2019s the latest news in business school education today? From the MBA graduates who are making the most…<\/p>\n","protected":false},"author":120,"featured_media":0,"comment_status":"closed","ping_status":"1","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,558,243,940],"tags":[],"class_list":["post-26144","post","type-post","status-publish","format-standard","hentry","category-gmat","category-kaplan-blog","category-blog","category-gmat-prep-gmat","entry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/26144","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/users\/120"}],"replies":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/comments?post=26144"}],"version-history":[{"count":0,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/26144\/revisions"}],"wp:attachment":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/media?parent=26144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/categories?post=26144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/tags?post=26144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}