Is USC(Accounting) worth the cost/debt?

Guywhoflys
Thu, 26 Jun 2014 05:31:30 +0000

Don’t know if this is the right place to post something like this, but I figured I’d go for it anyway. I’ve recently been accepted to USC as a transfer student coming from Cal Poly Pomona, and plan on majoring in Accounting. My question is, and this forum may have some serious bias but that’s fine, is USC really worth the extra cost I would have to deal with. From USC I received no aid, whereas at CPP my cost is under 25k a year, meaning there is about a 40,000 dollar difference. Over the course of 2 and a half years I would need to complete my undergraduate degree it would mean about 100k more than I’ll spend at CPP.

While my family has investments and an income over 200k(which is still alot, but not nearly as much as it sounds after taxes), 65k a year is an extremely high amount to pay considering the fact that my sister is starting college this fall, we help support my grandmother, and that my dad is now 65. So is going to USC and having my parents pay probably 30-40k more than they would otherwise out of pocket, while also taking out loans up to 70k worth it(that would all be costs ON TOP of what I would be paying at CPP), or should I wait to think about USC until graduate school. I am not too confident in the business school at Cal Poly Pomona, but it is accredited and from everything I hear, it is the grad school you go to that matters, which I will have to do if I want to sit for the CPA. However, the value of an ability to obtain internships and the right connections still needs to be factored in. I guess there’s also some confusion on my part, as to whether most accounting majors get hired to a firm out of their undergraduate degree or after a masters.

Anyways, I’m stressed and don’t know what to do. Naturally, as an accounting/business major, I understand the trouble one can get into if seriously in debt. I won’t let others’ opinions be the deciding factor, but they may help me in making a decision, so anything is helpful. Thanks.

Side note: I was also accepted to Chapman with a 25k scholarship, which I was hoping for even half that at USC. No Luck=p