US News report: BYU's MBA program No. 9 for little debt, high salary on graduation
Brigham Young University graduates with a Master's of Business degree sure know how to spot a good deal when they see one, according to a recent report by U.S. News and World Report.
The program came in ninth place out of 93 universities that have the most financial value at graduation, based on the average amount of debt graduates have versus their average starting salaries.
According to the 2013 list, BYU graduates have an average starting salary of just under $92,372, the highest on the list. The average debt levels at $28,519, making their salary-to-debt ratio 3.2.
Here is a look at the top 10 universities.
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Actually, a better calculation for comparison would be to factor in buying power. Currently the list is using salary to debt ratio, which isn't the best way to compare.
I'll take the extra $20K in debt and go to BYU, instead of #1 ranked LSU, if it means an average of $37K more a year on my salary.
Yeah this salary to debt ratio is really flawed. You only have to pay off the debt once but you get the extra salary every year over and over.