Last minute (post in Northeastern forum)

Colorado_mom
Tue, 27 Apr 2010 21:37:30 +0000

If you like BU, that may be the right place for you. But realize that $50K debt will cost almost twice as much per month as $30K.

I did very rough calculations for $5500/yr @ 6.8%, unsubsidized which adds up to approx $25K over 4 years in college. For 10 year repalyment, it came to $300/month. That’s just ballpark to put it into perspective. Online loan calculators could give you a better idea of the numbers in your case.

Remember that it would be really easy to see your BU friends now and then if attending NEU. But you’d have a good chance to make new friends too.