ST Alpha - "Just come back from a lunch talking about the joint MBA program. One extra year of school and $70k in tuition. Realistically it is about $100k+ " (Reading a Post)

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Just come back from a lunch talking about the joint MBA program. One extra year of school and $70k in tuition. Realistically it is about $100k+

Posted by James Bond (aka Igor) (aka Igor) Feb 9 '11, 15:04

extra in tuition because I won't start paying off that loan until about 5 years after finishing the MBA. (6.5% interest). Actually, I wonder if that full amount would even be covered by the Stafford loan. There is a cap on how much you can borrow in Stafford loans per year (govt backed loans at 6.5%).

Not really worth it I think.

I did learn that the executive MBA doesn't require the GMAT. Probably won't be to difficult to get accepted later. Maybe have the employer or residency pay for it.

However, I think we can get an MPH (Masters of Pubic Health) for free. But I have no interest in that.

Responses:

YOW! any interest in MD/PhD? cuz those are pretty cheap. - loosilu Feb 9, 15:23 2
- Haha.. no interest in the PhD. MD/PhDs get med school for free and even get a monthly stipend. -- nm - James Bond (aka Igor) Feb 9, 15:25 1
  - I know, it's a hell of a deal. (but nearly impossible to get into) -- nm - loosilu Feb 9, 15:26
Executive MBA programs are expensive. The one where I went was more than double the cost of the regular MBA. - ceregon Feb 9, 15:16 1
- hehe nice. -- nm - James Bond (aka Igor) Feb 9, 15:18
70K for a year? WTF?! -- nm - ty97 Feb 9, 15:07 10
- For 48 units of the MBA program. One full year of MBA classes and then 4 more classes that they fit into some other year. Overall I would graduate 1 - James Bond (aka Igor) Feb 9, 15:15 9
  - *$70,000* for a year. -- nm - ty97 Feb 9, 15:16 8
    - Well yes, but more like $70k for a MBA degree. -- nm - James Bond (aka Igor) Feb 9, 15:20 7
      - even the Ivy Leagues think that's a little high -- nm - cupixie Feb 9, 15:22 6
        
        *shrug* I was told Wharton was $150k for the MBA. (Don't know how true that is). -- nm - James Bond (aka Igor) Feb 9, 15:24 5
        
        Anyone who pays 150K for an MBA, doesn't deserve an MBA -- nm - ty97 Feb 9, 15:30 4
        
        [deleted]
        
        this -- nm - Beaker Feb 9, 15:50
        
        it could make economic sense if they're going to apply it in fields that pay accordingly -- nm - cupixie Feb 9, 15:36
        
        I justed looked up Wharton. Tuition for 1 year is $54k. The program is 2 years. - James Bond (aka Igor) Feb 9, 15:34

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Just come back from a lunch talking about the joint MBA program. One extra year of school and $70k in tuition. Realistically it is about $100k+

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