The estimated student budget at Stanford GSB for a single student living off-campus is $104K per year. Holy cow!! I've previously blogged about the cost of a MBA after looking at the Kellogg budget, but this is significantly more. Wow, kind of freaking out right now.
I've narrowed my school decision down to HBS and GSB, which both only offer need-based aid. This is both good and bad. I know that I'll definitely be awarded some scholarship aid because of this, but it also means that I will most likely not get close to the merit-based awards I received from other schools. I've completed the financial aid applications and should hear back within the next few weeks. I'm really hoping these school are generous, as salaries in social enterprise aren't known for being particular high.
Anyway, I think the debt is definitely worth it, but it makes me wonder how this trend can continue. I can only imagine what the costs will be in 5, 10, or 15 years from now. It seems like this bubble will have to burst at some point.
So here's to hoping for $$$$!