Business school costs a lot of money. Period.
But when you're factoring in the cost of business school, it's not the tuition alone—which costs more than $60,000 on average—that you have to consider.
You also have to think about everything from the cost of health insurance to books, a computer, and other supplies. Then there are the hidden fees that you probably don't factor in, like loan fees, transportation, business attire, and networking costs (taking people out to lunch, attending conferences, and more).
Add in the cost of living (which can be quite high in a city like New York), and you've got yourself a lot of debt.
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