<p>My EFC is about 16k, which I think is high in comparison to my friends who got only a couple thousand for their EFCs. I don’t qualify for a Pell Grant, and thus was unable to apply for various scholarships that established that as a qualification requirement. </p>
<p>Now, I got into NYU and they gave me 12,500 as a merit scholarship, while the remaining 40k or so is loans >.> My parents have a decent income, but definitely not enough to handle such large debt. I’ll probably spend a long time paying off the loans.</p>
<p>However, I got into Macaulay Honors College at CUNY, which includes free tuition and several other perks, with the main downside being that its prestige is very new so most people just see it as a CUNY.</p>
<p>Should I muscle through the hefty debt from NYU or give MHC a try?</p>