How Much is Too Much?

None
Thu, 29 Mar 2007 23:11:04 +0000

80k is a lot of money. The eventual earning power at NYU or JHU vs. a state school is in fact not that different. If your goal is to eventually earn more by going to a top-notch school, then it’s not worth it. But within the two choices, Hopkins is a better one.

I advise against deferring a year. You’ll make a lot more money after graduating college than graduating high school. The interest from borrowing more now instead of going to work and deferring is about equal to the rise in college tuition each year.