Ranking MBA programs has become a cottage industry for U.S. News & World Report, Princeton Review, the Financial Times, the Economist and Businessweek. They use reams of academic performance statistics and self-reported salary data to create their lists.
Online lender SoFi, a CNBC Disruptor, approaches the task of ranking business schools like a gimlet-eyed banker. SoFi rated MBA programs based on verified salary and debt from more than 60,000 people who applied to refinance their student loans with the company.
While elite schools still dominate SoFi's rankings with high average salaries, lesser-known programs, such as Brigham Young University, offered graduates a better value when you consider salary-to-debt ratios.