To make the best investment, it’s good to know what’s at stake. Here we list the programs where MBAs suffer the highest amount of student loan debt after graduation. The list is culled from more than 10,000 responses from graduates of the 115 business schools that participated in Bloomberg Businessweek‘s 2012 full-time MBA ranking. The dubious front runner: Duke University’s Fuqua School of Business where the average debt burden was $87,398.
“This is not a ranking we are comfortable leading,” says Jennifer Francis, senior associate dean for programs at Fuqua. “Increasing available scholarship funds is a critical priority in our current fundraising campaign.”
Following Duke is the University of Pennsylvania’s Wharton School, where the average reported debt burden was $83, 226. On the slides that follow, we’ve listed the ten highest reported debt burdens, each program’s cost, and the average starting salary reported by graduates. Click through to shop around.
(Data note: Program Cost and Average Starting Salary numbers were provided by the schools mentioned in Fall 2012. Average Debt Burden data was collected in the graduate survey that was part of the 2012 Best Business Schools ranking.)