Is Tulane worth 100K debt?

ExceptionalSea
Thu, 10 Jan 2013 13:59:22 +0000

no! like everyone else said, no school is worth it. i was in a similar situation, and received roughly the same scholarship you did. although i’m not 100k in debt, it is still a substantial amount and has made my life difficult in the bad economy. it’s like having a monthly mortgage payment without the house or any asset (besides your degree i guess, which you can get for cheaper elsewhere) to show for. i drive an old car that always has problems because i wouldn’t be approved for a car loan without a co-signer (and i don’t want to do that to my parents). it’s good that you are thinking about it. i’ve learned a lot from my mistakes.

did i get a great education at tulane? yes. did i make great friends? yes. did i have the time of my life? yes. would i do it again? yes. but be warned - it makes life pretty hard afterwards. (not to mention i see all the money that sallie mae is ripping me off for…makes me pretty sick).

i suppose you can’t really decide anything until you can evaluate what financial aid you will receive.