The MBA program comes with a steep price tag. The tuition fee shoots up to $141,740 for The Wharton School of the University of Pennsylvania, $135,637 for Columbia Business School and $128,100 for Stanford Graduate School of Business.

Obviously not all students can afford to shell out such a huge amount as the total expense adds up and goes much higher

However, there are many more business schools that have a good reputation and can give you a good quality, MBA degree at a much lower cost.

Cheapest MBA Programs in USA

Business school Out-of-state tuition

University of Hawaii—Manoa (Shidler) $14,934

Lamar University (TX) $15,868

University of North Carolina—Wilmington (Cameron) $17,300

University at Buffalo—SUNY $19,627

Clemson University (SC) $20,010

University of North Carolina—Greensboro (Bryan) $20,896

Iowa State University $21,864

San Diego State University $22,868

University of Houston (Bauer) $23,638

University of Alabama (Manderson) $24,230