Story perspectives

US Business Schools Slash MBA Tuition Amid Application Slump

5/13/2026

Summary

Story summary

U.S. business schools are slashing tuition for graduate programs as applications fall.
Purdue University cut its online MBA tuition 40% to $36,000.
University of California, Irvine cut tuition up to 38%, saving $30,000-$48,000 on Flex and Executive MBAs.
Johns Hopkins Carey Business School gave 50% scholarships to Maryland graduates in specialized master’s programs this fall.
Experts warned that tuition cuts and AI-focused degrees could threaten long-term financial sustainability.

1 of 1

Story summary

U.S. business schools are slashing tuition for graduate programs as applications fall.
Purdue University cut its online MBA tuition 40% to $36,000.
University of California, Irvine cut tuition up to 38%, saving $30,000-$48,000 on Flex and Executive MBAs.
Johns Hopkins Carey Business School gave 50% scholarships to Maryland graduates in specialized master’s programs this fall.
Experts warned that tuition cuts and AI-focused degrees could threaten long-term financial sustainability.