Harvard and Stanford’s business schools don’t look as good as Brigham Young’s when you account for debt

Max Nisen

Most business school rankings have one of Harvard or Stanford on top, their graduates command the highest salaries, and benefit from particularly powerful networks. But a report from student lender M7 Financial puts them below Brigham Young’s Marriott School, and alongside less prestigious schools including Ohio State’s and the University of Washington’s, while Bloomberg Businessweek’s top-ranked program, Duke’s Fuqua School of Business, is in the second-lowest tier.

The difference between M7’s methodology and others is that it focuses entirely on an average student’s ability to pay back typical loan obligations after graduation. The list leaves out quite a few highly regarded schools, including Wharton, Columbia, and the University of Chicago, because they didn’t provide debt figures to US News, which is where M7 drew its debt data from.

The report doesn’t explicitly rank schools, it groups them by rating. Brigham Young is the only A+, meaning it typically leaves attendees with a “modest” debt burden. Pepperdine and the Thunderbird School of Global Management are the only programs to get a “B,” the lowest rating, indicating a “demanding” debt burden.