How much in loans?????

nedel
Wed, 20 Apr 2011 08:40:17 +0000

Thank you,Milkandsugar.
You are right, it is a very difficult decision, much more so than with my older kids.
In the fall, we will still have one son in his senior year of college, in addition to the NYU prospect.
I am a teacher and I have spoken to many of the younger teachers at school and I haven’t met one yet who does not owe quite a bit in loans. Most of those that Ive spoken with went to public schools, in state, and their loan totals range from 30-50,000. There are a few who went to a small private school in our state and they came out with 60-70,000…and they’re teachers who don’t make a ton of money.
I guess the fact that we pretty much paid full cost of college for our older kids is what makes NYU a difficult decision.
One question…you mention your daughter was in a low cost triple…it is my understanding those are not guaranteed…is that correct?

BTW, we’ve tried on several occassions to get more money from NYU and they don’t budge, at all. Even when we were there and met with someone from financial aid in person, they told us “our funds have been exhausted”.