It's best to start planning before you even apply. Oh, and be ready for the shock of returning to a frugal, undergrad lifestyle
Dan Thibeault, a second-year MBA student at Harvard Business School, talked about student loans during an impromptu discussion in one of his first-year classes -- and set off a firestorm of interest from his classmates. They wanted his advice on everything from finding the best interest rates to loan consolidation -- and with good reason. One of Thibeault's jobs before going back to school was at Goldman Sachs, where he dealt with student loans and other debt instruments.
Thibeault responded to his classmates in a big way. In 2003 he, along with other students, launched Graduate Leverage, a student loan consolidation and debt-management company in Cambridge, Mass., that this year will offer advice to about 5,000 MBAs and other graduate students.