POSTED: Sunday, August 4, 2013 - 3:00pm
UPDATED: Sunday, August 4, 2013 - 3:04pm
BATON ROUGE, LA — The LSU Flores MBA Program’s full-time track was recently named by U.S. News and World Report as having the lowest debt load upon students after graduation among the top 100 ranked MBA programs.
LSU Flores MBA graduates owed an average of $8,181 following the two-year program. U.S. News & World Report calculated the average MBA program student debt load incurred by full-time MBA students across the nation graduating in 2012 to be $49,619 among the 100 ranked schools.
According to LSU Flores MBA Program Director Edward Watson, students’ ability to secure quality graduate assistantships across the college and university because of their skill set helps offset many costs associated with the program. This proved to be a major reason for the program’s low debt load.
“Student debt is a big problem for many graduating students, and providing an affordable education is more important than ever,” Watson said. “This U.S. News & World Report finding reinforces that the LSU Flores MBA Program’s full-time track provides a tremendous value to its students.”
The debt load skyrockets to $97,154 for the 10 schools where graduates incurred the largest MBA program student debt burden. Data included only the debt incurred by full-time MBA graduates to fund their graduate business school degrees. The average MBA program indebtedness of the top four schools – New York University, University of Virginia, Duke University and Massachusetts Institute of Technology – all topped the $100,000 mark.
The LSU Flores MBA Program made a significant 20-spot leap overall in U.S. News & World Report’s “America’s Best Graduate Schools” ranking for 2014. U.S. News & World Report ranked the LSU Flores MBA program 61 overall and 31 among public institutions. Tulane University, the only other Louisiana institution to make the list, was ranked 67 overall.