UT Dallas Tops U.S. News’ MBA List for High Salaries, Low Student Debt
MBA graduates from the Naveen Jindal School of Management have the best salary-to-debt ratio of any ranked school, according to U.S. News & World Report.
The University of Texas at Dallas is No. 1 in a recent U.S. News & World Report Top 10 Short List of ranked business schools that compares the average starting salary of MBA graduates to their average student loan debt.
U.S. News recently examined the same data that had determined its 2018 Best Business Schools. UT Dallas tied for 38th out of 471 business schools in that ranking, putting it in the top 8 percent. The analysis revealed that MBA graduates from the Naveen Jindal School of Management have the best salary-to-debt ratio of any ranked school, putting them in better position to manage student loan debt when they enter the workforce than other MBA graduates.
“Debt burden is an important consideration when deciding on a business school,” said Dr. Monica Powell, the Jindal School’s senior associate dean. “Increasingly, MBA students elsewhere are graduating with six-figure student loan debts, amounts that are often higher than their starting salaries. Our graduates can begin their careers without having to face such a significant concern.”
Students who graduate with an MBA degree from the Jindal School earn an average starting salary of $86,644 and have an average student loan debt of $7,132 — an earnings-to-debt ratio of 12.148. (At the Jindal School, the average MBA starting salary with signing bonus is $90,631).
That ratio far outpaces the next best ratio of 5.818. The average ratio for ranked business schools that reported the data is 1.986.
Media Contact: The Office of Media Relations, UT Dallas, (972) 883-2155, [email protected].