Expensive dream school or affordable public?

<p>re: the idea of being abroad and not paying back the money you owe. I don't know if that's possible legally, but it would certainly be a very immoral choice. The people who would be most screwed by that would be the next generation of foreign students who would not be given needed loans to complete their U.S. educations.</p>

<p>My vote goes (emphatically) to Toronto. There is no way that NYU-Stern is worth an additional $100,000+. Save the money and use it for graduate school (at a great U.S. school, perhaps), or for wine, women and song.</p>

<p>My parents say that they have money set aside for me to go to graduate school as well... I understand the overwhelming consensus is to go to Toronto, but all future financial prospects aside, I guess what I'm most worried about is that I wouldn't be as happy there than at a smaller, more liberal-arts inclined institution.</p>

<p>Go to the place you feel you will be most happy at (Stern).</p>

<p>The feeling at NYU is not at all small liberal arts. It's a big, impersonal school with no real center. Its campus is mixed in with the city--it's hard to get to know people because there is little reason, outside of class, to mix with others when you can just go entertain yourself in NYC. And owing $100,000 will not make you extra happy!</p>

<p>The first two years at Stern is very much liberal arts.</p>

<p>It's just a devastating amount of debt. You will be so sorry if you do that. Save the money and get a master's degree in English literature if you must, but $100,000? That's crazy!</p>

<p>NYU doesn't deserve to be anyone's dream school.</p>

<p>*I remember being told that if you live abroad and owe student debt you do not have to re-pay. Is this true? *</p>

<p>this is why American banks don't give student loans to non-citizens/non residents without a co-signer that is American. The banks know that if they did give such loans, the students would return to their home countries and it would be too hard to collect the debt. That's why they need American co-signers.</p>

<p>I am dwelling on a better question: A somewhat expensive prestigious public (Berkeley, UMich, UVa) or a cheaper but less prestigious private (Tufts, Rochester, Brandeis)</p>

<p>How much "cheaper" are we talking about?</p>

<p>Stern will defintely get u a better starting job.... and u guys act if he's going to be 'in debt'
i thought he stated his parents can clearly finance either options
i think stern is worth the investment... UT average bschool in comparison. Stern is a slight tier below ivies in terms of job placement and will get u into grad school easier</p>

<p>Correct. It's not about "debt" per se, it's about leveraging dollars. </p>

<p>Just because his parents have the money, it will put a strain on their finances (we are told). So, what happens when he wants to get his M.B.A.? What happens when he wants help to purchase his first house? What if he wants seed money to be an entrepreneur? As the money isn't growing on trees, it's about leveraging money effectively. </p>

<p>We don't know this young man's future but you don't need to have a M.B.A. to understand that liquid assets will give him more options.</p>

<p>true just check out the starting median salaries and see if its big difference. if not u of t</p>

<p>Exactly ctyankee. $200,000 today, should it be wisely invested, could easily equal $2,000,000 in 2020. </p>

<p>And warren, graduate schools will not favor a NYU alumn over a Toronto alum, although I agree that in terms of initial job placement, Stern is excellent.</p>

<p>thx for correction :)</p>

<p>If Tufts or Brandeis are cheaper, definitely go there. (How much cheaper?)</p>

<p>URochester & Brandeis are the same low price. I have to pay 7.6k more for UMich and 3.4k more for UVa.
I am aiming for med school btw, or engineering</p>

<p>Hmmm. Well, Tufts is very highly regarded (and I believe it is very good for medical.) Also, UVA is fantastic and the price differential is small.</p>

<p>Actually, I have already eliminated Tufts.</p>