Business Because, 17 July 2012.
With grants and scholarships only able to help so far with funding an MBA, bank loans – if used carefully – can make up the deficit
Taking an MBA costs money: often, a lot of it. Top MBA courses can cost in the region of $100,000, and once application charges, sitting examinations, living costs and lost earnings are factored in, it is little wonder that banks have discovered there is a market in helping MBA students fund their studies. Private student loans can stand in for when federal loans, grants and scholarships fall short. A TopMBA survey has found that 80% of MBA applicants in North America expect to take out a loan to help finance their MBA, compared to 70% in Europe, and 65% in Asia...
Comments