Going to a Top Business School Will Now Cost You Up to $99,000 Per Year

Some top-ranked business schools are raising tuition by between 2 percent and 10 percent this fall, bumping up the cost of classes for the 2015-16 academic year to nearly $66,000 at the high end. Throw in room and board, fees, and textbooks, and it will cost as much as $99,000 to attend B-school next year, according to data compiled by Bloomberg Business.

Half of the MBA programs ranked in Bloomberg Businessweek's top 20 have announced updated tuition numbers so far this year. Of that group, the University of Maryland's Smith School of Business has biggest tuition hike, with tuition up by 9.9 percent next year for out-of-state residents, bringing the cost of classes to $52,380 from $47,655. (The most expensive school we surveyed is the Massachusetts Institute of Technology's Sloan School of Management, which will charge its next class of students $65,750 in tuition, a 3.1 percent bump from last year.) Cornell University's Johnson Graduate School of Management reported the smallest bump. It will charge MBAs $59,500 for classes next year, up 2.2 percent from $58,192 this year.