The University of Texas at Dallas recently was ranked No. 1 in the nation for the best salary-to-debt ratio of MBA graduates according to U.S. News & World Report.
Graduates of the Naveen Jindal School of Management are best equipped to handle student loan debt as they begin their careers, according to research done by the media company. The data used was collected to determine U.S. News‘ 2018 Best Business Schools.
The Jindal School’s salary-to-debt ratio is 12.148, which is more than double the 5.818 ratio of the second-ranked school on the list, the Missouri University of Science and Technology. The average ratio for the 87 ranked business schools that reported their data is 1.986, according to a release.
Of the top 10, the average ratio was 4.368, according to U.S. News.
“Increasingly, MBA students elsewhere are graduating with six-figure student loan debts, amounts that are often higher than their starting salaries,” Monica Powell, the senior associate dean at the Jindal School, said in a release. “Our graduates can begin their careers without having to face such a significant concern.”
Delivering what’s new and next in Dallas-Fort Worth innovation, every day. Get the Dallas Innovates e-newsletter.