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<p>That’s just the loans as part of the financial package given by the schools, not reflecting any private or outside funding.</p>
<p>Here’s the yearly cost of Harvard’s MBA program
[Cost</a> Summary - Harvard Business School MBA Program](<a href=“http://www.hbs.edu/mba/admissions/costsummary.html]Cost”>http://www.hbs.edu/mba/admissions/costsummary.html)</p>
<p>Wharton’s
[Wharton</a> MBA: Cost Summary](<a href=“http://www.wharton.upenn.edu/mba/admissions/finance/cost.cfm]Wharton”>http://www.wharton.upenn.edu/mba/admissions/finance/cost.cfm)</p>
<p>Stern
[FULL</a> TIME MBA Profile: BusinessWeek](<a href=“http://www.businessweek.com/bschools/rankings/full_time_mba_profiles/stern.html]FULL”>http://www.businessweek.com/bschools/rankings/full_time_mba_profiles/stern.html)</p>
<p>Most students’ pre-MBA salaries are in the high $50K and $60K ranges, how do they pay the difference between $150K costs and loans of $90K assuming no grants are given? I am sure they don’t have the savings to cover it.
My D, who recently graduated, certainly didn’t had she not received a merit scholarship. Even then we had to help out with extras like semester abroad, networking road trips, etc.</p>
<p>If you were able to have done it without much loans, gellino, more power to you.</p>