Waitlistees at Chicago: What have you done with your app?

ab2013
Fri, 26 Jun 2009 10:39:11 +0000

aargh I accidentally hit the backspace button so I have to do this all over again.

First, I know exactly how much my UMich education is this year: 22k. We already got the bill, and they gave us the entire year’s total because we’re paying it over a monthly installment over 10 months. Obviously, the number goes up for the upper years to 25k. But this doesn’t count $4k in scholarships.

Then for UChicago, I took the estimated cost of attendance from their website ([Office of College Aid](http://collegeaid.uchicago.edu/cost.shtml)), which is 55k for upperclass students. I’m using this figure for all 4 years, because I like to play safe in the event that they decide to have a tuition hike or something like that. But this number doesn’t account for any internships or jobs during the school year that will help cut down on the tuition.

So the cost difference is (55k x 4) - ((22k x 2) + (25k x 2) - 4k) = 130k. I rounded up to 140k to account for any other extras (like further tuition hikes and study abroad). This number is huge … for some people it’s what they earn in 2 years … and I can’t exactly justify how Chicago is worth this much other than my burning desire to go there.