{"id":8600,"date":"2021-11-10T16:37:12","date_gmt":"2021-11-10T22:37:12","guid":{"rendered":"https:\/\/www.nicholls.edu\/news\/?p=8600"},"modified":"2021-11-11T08:32:49","modified_gmt":"2021-11-11T14:32:49","slug":"nicholls-mba-graduates-rank-among-nations-best-in-debt-to-income-ratio","status":"publish","type":"post","link":"https:\/\/www.nicholls.edu\/news\/2021\/11\/10\/nicholls-mba-graduates-rank-among-nations-best-in-debt-to-income-ratio\/","title":{"rendered":"ÐÓ°É´«Ã½ MBA Graduates Rank Among Nation\u2019s Best in Debt-to-Income Ratio"},"content":{"rendered":"\n

THIBODAUX, La. — Graduates of the ÐÓ°É´«Ã½<\/a> Master of Business Administration<\/a> are among the quickest to pay off the cost of their graduate degree according to a new report by the Wallstreet Journal<\/a>. <\/p>\n\n\n\n

The report studied the debt and median salaries of students who took out federal loans. <\/p>\n\n\n\n

ÐÓ°É´«Ã½ MBA graduates have a median debt of $13,300, and median earnings of $56,641 within two years of graduation. That comes out to a 0.24 debt-to-income ratio, tied for the fifth-lowest among the 574 programs evaluated with the University of Nebraska-Lincoln. Universities ahead include Mississippi State University, Texas A&M University-Texarkana, University of the Cumberlands and Western Governors University. <\/p>\n\n\n\n

\u201cWe are proud that not only do our students receive a great MBA at ÐÓ°É´«Ã½, but the cost is relatively low in relation to the average earnings of our graduates. Therefore, the return on their investment is significant,\u201d said Dr. Marilyn Macik-Frey<\/a>, dean of the College of Business Administration<\/a>. \u201cWe pride ourselves on teaching our students how to make sound business decisions. This WSJ report supports that a ÐÓ°É´«Ã½ MBA is a good business decision.\u201d <\/p>\n\n\n\n

Other Louisiana universities on the list include  Southeastern Louisiana University, Tulane University, the University of Louisiana at Lafayette and the University of New Orleans. <\/p>\n\n\n\n

Starting Jan. 2022, the new online degree pathway will offer working professionals and other distance learners a new means of earning their MBA. Students will be able to choose between classroom, online and flex formats to their MBA degree path. Also, beginning in 2022, the evening, flex and online MBA courses will be taught in two 8-week terms within each semester, with two courses taught face-to-face and two taught online.\u00a0<\/p>\n\n\n\n

\u201cOur MBAs enter the workforce knowing that they have acquired the skills to think critically and strategically, understand how to solve complex business problems and possess the capabilities to communicate effectively,\u201d said Ray Peters<\/a>, MBA director and professor of leadership. \u201cMost importantly, they know how to process information to make sound business decisions, a competence that’s in high demand.\u201d <\/p>\n\n\n\n

For more information on the ÐÓ°É´«Ã½ MBA program, call 448-4241 or visit nicholls.edu\/mba<\/a>.<\/p>\n\n\n\n

FOR IMMEDIATE RELEASE: <\/strong>Wednesday, Nov. 10, 2021<\/p>\n\n\n\n

MEDIA CONTACT: <\/strong>Jacob Batte<\/a>, Media Relations and Publications Coordinator, 985.448.4141 or jacob.batte@nicholls.edu<\/p>\n","protected":false},"excerpt":{"rendered":"

THIBODAUX, La. — Graduates of the ÐÓ°É´«Ã½ Master of Business Administration are among the quickest to pay off the cost of their graduate degree according to a new report by the Wallstreet Journal.  The report studied the debt and median salaries of students who took out federal loans.  ÐÓ°É´«Ã½ MBA graduates have a 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