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Average Debt
As of 2012, MBA graduates on average rack up $42,000 in debt. Though that is a lower amount than those who pursue law or medicine, it doesn’t accurately portray the rising tuition fees at most top rated business schools. MBA graduates can accrue anywhere from $25,000 to upwards of $100,00 in student debt, depending on what school they attend and how much financial aid they are eligible to receive.
Refinancing Options
There are many refinancing options targeted specifically for MBA students, allowing alumni to consolidate their private loans or refinance all loans. Borrowers can choose from fixed and variable rate loans with 5, 10, 15 and 20 year terms, depending on what they are eligible for. Check out our Lender Profiles of all participating banks for more details.
Most Popular Post MBA Professions
- Marketing jobs
- PR Specialists
- Market research analysts
- Advertising manager
- Marketing manager
- Finance jobs
- Accounting manager
- Financial manager
- Financial analyst
- Corporate controller
- CFO
- Treasurer/financial officer
- Cash manager
- Risk/insurance manager
- Investment banker
- Other MBA fields
- Healthcare management
- Human resources
- Project management
- Public relations
Further Reading
- Student Loan Refinancing Lenders
- Best Companies for Student Loan Consolidation
- Income-Driven Repayment Plans
- How to Lower Your Interest Rate
- Student Loan Deferment & Forbearance Explained
- Student Loan Refinancing Calculator
- The Difference Between Fixed & Variable Rate Loans
- Student Loan Forgiveness Programs
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