Cornell vs UVA (Debt vs No Debt)

oldfort
Tue, 28 Apr 2015 15:21:58 +0000

I ran (sponsored) the summer internship program at my previous tech company. It was my side project. The pay was pro-rated amount of $85K. The first year graduates made $85K plus $15-$20K in bonus. This firm’s pay was low relative to other tech companies.

In banking, first year analyst is $85K plus $25-$35 bonus, and 2nd year associate is $130-$150K base with $85-$150 bonus.

Rental in NYC is around $1500-$2000/mon. I know a lot of graduates of Cornell are paying down their student loans with ease.

$60K maybe a lot of money, but it is cost of a nice car. I think education is a better investment. UVA is a good school, but…