Is NYU worth $55k/year in loans?

<p>I am a pretty big selective school snob … and there is no way I’d recommend a student take out $220,000 in loans to go to NYU (or Harvard or Stanford or MIT or anywhere) … I wouldn’t recommend anything over about $25-$30k total for any school. </p>

<p>If you’re a good enough student to get into NYU you can win some merit scholarships at other schools.</p>