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Wed August 29, 2012
UNCW tops U.S. News & World Report short list for least debt load for MBAs
UNCW’s Cameron School of Business ranks first on a national list, compiled by U.S. News & World Report, which measures the average debt load among MBA program graduates. WHQR’s Rachel Lewis Hilburn reports.
The list, called the U.S. News Short List, compiled statistics provided by 94 schools nationwide. On average, class of 2011 MBA graduates who borrowed money for business school finished with more than $47,000 in debt. But recent UNCW Cameron School graduates averaged just $8,000 in the red. Louisiana State University at Baton Rouge came in a close second – showing average graduate debt of about $8500.
According to U.S. News & World Report, the data doesn’t differentiate between in-state students and nonresidents.
MBA programs at some of the schools surveyed left graduates owing as much as $100,000.
UNCW is the only university in North Carolina to make the list.