I posted this on the college search and selection forum but thought I might have more luck here with this.
My daughter has narrowed down her school choices to two: Oxford College of Emory and University of Alabama-Huntsville.
She has the full tuition scholarship from UAH, which means we would only pay room and board, about 10,500. She would not need to take any loans for UAH. She's also been accepted into the honor's program. She likes the school well enough and the cost would be great.
Oxford College is really a great fit for her and we have family close by. With aid it comes out to be about 17,000 to attend. That aid does include a student loan for her of 5,500. We can pay the balance with savings and current income, but it is a lot more money. If the cost was lower, she would pick Oxford for sure. She is hesitant to take the student loan. She's pretty frugal, like her parents .
My question is this: is Oxford/Emory worth the higher price? It would end up being around $12,000 more per year. With student loans, our extra cost would be around $6,500. She plans to major in biology or psychology and minor in Spanish. She wants to become a psychiatric or dermatology physician's assistant, so will be going on to PA school.
Any advice is much appreciated!