Fordham has been my dream school for a while. I was fortunate enough to be accepted, but (unsurprisingly) they offered very little aid. I know they’re not known for being generous when it comes to money.
If I were to attend the school, the total cost would be about $180k for undergrad. They offered only $31k in grants and scholarships per year. I’m by no means a genius and definitely shouldn’t be considered for merit awards or anything (I’m average w/ a 1360 SAT and 31 ACT). However, I have a single mom that’s past retirement age and an older sister currently enrolled in college as well. I’d get some help from my mom, but I know I can’t rely on her entirely.
I’m applying to lots of scholarships, but there’s no guarantee I’ll get any of them. I plan on majoring in international studies and communication & culture. I’m not really sure what I want to do and what I should major in truthfully. Can I minor in marketing at Fordham if I’m in Fordham College and not Gabelli?
I suppose what I really want to know is:
is the debt worth it? I know they have a good alumni network and being in NYC has its advantages, but I’m unsure if it’s worth the price.
is this an average amount of debt for a private city college?
I know wealthy students attend Fordham, so are others in the same boat as me?
will the COVID-19 situation affect the tuition cost, room, etc?
If not Fordham, I’m considering Pace honors college. It’s still over $100k, but tens of thousands of dollars cheaper. They gave me more money ($116k for 4 years) and I’m enrolled in their business school which I think has a decent reputation.
So you are weighing the options between spending $100,000 for a Pace degree versus $180,000 for a Fordham degree? How much of this can your family afford? How much will you be personally responsible for? Will you be going to graduate school afterwards? How much does the research show you will earn after graduation? I recommend you look at it from a return on investment.