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Ross MBA Cost Trends: 2022-23 vs. 2023-24 vs. 2024-25

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.

For non-Michigan residents and international students, tuition increased from $73,196 in 2022-23 to $75,392 in 2023-24, a 3% increase, and further to $78,030 in 2024-25, indicating a 3.5% rise.

The mandatory fees remained constant at $166.19 over the three years. Similarly, the international student services fee stayed fixed at $500 throughout.

Book and Supplies (Inflation): Low to Moderate

Books and supplies saw a gradual increase from $1,788 in 2022-23 to $1,844 in 2023-24, a 3.1% rise, and then to $1,896 in 2024-25, marking a 2.8% increase. The food and housing category had a notable rise from $17,780 in 2022-23 to $18,704 in 2023-24, showing a 5.2% increase, followed by a further increase to $19,826 in 2024-25, a 6% jump.

Personal Expenses (Inflation): Low to Moderate

For personal expenses, there was an increase from $6,626 in 2022-23 to $6,820 in 2023-24, which is a 2.9% rise, and then to $7,000 in 2024-25, representing a 2.6% increase. The loan fees remained constant at $224 across all three years.

Overall, the largest increase occurred in the food and housing expense, which saw the highest price surge across the three years.

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CostRoss MBA Cost (2022-23)Ross MBA Cost (2023-24)Ross MBA Cost (2024-25)
Full-Time MBA Tuition$68,196 ($73,196 for Non-Michigan Residents/International students)$70,392 ($75,392 for Non-Michigan Residents/International students)$73,030 ($78,030 for Non-Michigan Residents/International students)
Mandatory Fees$166.19$166.19$166.19
International Student Services Fee$500$500$500
Books & Supplies$1,788$1,844$1,896
Food & Housing$17,780$18,704$19,826
Personal$6,626$6,820$7,000
Loan Fees$224$224$224

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