MBA Degrees That Cause Staggering Student Debt

By John A. Byrne

MBAs are taking on more and more student debt, so much so that graduates of at least six business schools last year borrowed more than $100,000 on average to finance their degrees. The heaviest debt was assumed by graduates of the University of Pennsylvania's Wharton School, where average debt hit an estimated record of $117,200. MBAs at Columbia Business School (an estimated $114,800), New York University's Stern School ($105,782), Duke University's Fuqua School ($102,054), the University of Virginia's Darden School ($105,490), and MIT Sloan ($100,212) all racked up six-figure debt, too.