MBA Programs Slash Tuition Amid Falling Applications

MBA programs are cutting tuition by up to 50% as applications decline sharply, according to BeInCrypto. Mid-tier schools like Purdue's Mitch Daniels School of Business, Johns Hopkins, and UC Irvine are leading the reductions, with Purdue cutting tuition from $60,000 to $36,000 and Johns Hopkins offering 50% scholarships. This trend reflects a broader retrenchment driven by a 20% to 30% drop in U.S. applications and up to 43% internationally. Federal loan caps effective July 2026 will further limit borrowing, impacting program affordability. Top-20 schools, however, maintain or increase tuition, highlighting a market split.