Class of 2010 admit rate - Question

ariesathena
Mon, 31 Jul 2006 23:48:47 +0000

Would we then be wiser to consider a good program in a state school, or pay private college tuition at a less competitive LAC? Maybe money saved could help with grad school?
I realize now that this should probably be posted in the parent’s thread, but if anyone here has advice or experience we’d be very happy to hear it. Thanks.

As a law student who is paying her way through, I would STRONGLY advise you to save the money for grad school, especially if he is considering law or medicine.

Tuition at large, urban law schools is approaching $60,000/year. (Northwestern just broke that mark.) Top-notch state schools are about $40k/year, in-state. There is virtually no way to get out of a good law school with less than $100,000 in debt. Save the money for that.

Now, if your son really really wants engineering and a master’s in that, don’t worry: employers will do tuition reimbursement and then give him a raise. Otherwise, I strongly advise anyone who is considering leveraging themselves for undergrad to look into the cost of graduate school. Add on 7%/year for inflation. Add on interest on loans. Realise that there is another big bill coming up, sometime.