Insights on Business Schools, MBA and Master's Programs

The comparison of Ross MBA costs across the academic years 2022-23, 2023-24, and 2024-25 shows a steady increase in various expenses.

Tuition Fees (Inflation): Low to Moderate

Beginning with full-time MBA tuition, the cost for Michigan residents rose from $68,196 in 2022-23 to $70,392 in 2023-24, marking a 3.2% increase, and further to $73,030 in 2024-25, showing an additional 3.7% rise.

Inflation: Tuition Fees (Moderate)

The tuition cost for 2022-23 and 2023-24 was the same at $77,520 which increased by 5.2% in 2024-25 to reach $80,620. 

Inflation: Program Fees (High)

The program fees for Tuck first increased by 29%, from $3,558 in 2022-23 to $4,593 in 2023-24, further increasing by 18% to reach $5,420 in 2024-25. 

Inflation: Housing Cost(High)

The Kellogg MBA program tuition costs rose from $76,368 in 2022-23 to $81,015 in 2023-24, and then to $83,610 in 2024-25, representing an increase of 6.08% from 2022-23 to 2023-24, and 3.20% from 2023-24 to 2024-25, signifying a slight decline in the rate of increase of tuition fee. 

The average increase per year was 4.5% when you consider the 3-year timeframe.

Tuition Fee (Inflation): Low

The combined tuition and student fees have increased by 1.9% in 2023, from $82,996 in 2022 to $84,606 in 2023, whereas this rate slightly escalated to a 2.7% increase in 2024, reaching $86,956. 

Tuition Fee Inflation (MIT): Low

Housing costs have been fluctuating since they first decreased by 27% in 2023, from $17,100 in 2022 to $12,380 in 2023, and then further increased by 30% in 2024, reaching $16,200 which is still less than that of 2022 Housing cost. 

Housing Inflation (MIT): Low

Between 2022–23 and 2025–26, the total annual cost of attending the LBS MBA program has steadily increased, influenced by rising tuition and living costs, as well as exchange rate fluctuations that have amplified the financial impact for international students.