Year 2007 GMAC® data show that 37 percent of part-time MBA students report the use of loans to finance their programs, at a median loan rate of $33,750. The findings show that 67 percent of full-time MBA students report the use of loans during their programs, at a medium loan amount of $40,000.

Source: From Data to Strategy: Understanding Worldwide Trends in Graduate Management Education. GMAC, 2007.

© 2007 Graduate Management Admission Council® (GMAC®). All rights reserved. GMAC® and Graduate Management Admission Council® are registered trademarks of the Graduate Management Admission Council® in the United States and other countries.