<p>I’m a freshman electrical engineering major at WPI, and I think I might be able to answer some of your questions. </p>
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<p>That’s all relative. But if you’re going to WPI, my guess is that you can afford it :D</p>
<p>[Interdisciplinary</a> & Global Studies Division - Wall Street, New York City](<a href=“http://www.wpi.edu/Academics/GPP/Centers/wallstreet.html]Interdisciplinary”>http://www.wpi.edu/Academics/GPP/Centers/wallstreet.html)</p>
<p>This site estimates an IQP costs $3,000 (beyond the normal tuition/housing bill) for a NY/London MQP. I know that I’d have a lot of trouble affording that. </p>
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<p>My understanding is that the IQP (done in the junior year) is general, while the MQP (done in the senior year) is more general. </p>
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<p>This site should help: </p>
<p>[Interdisciplinary</a> & Global Studies Division - Project Centers in the World](<a href=“http://www.wpi.edu/Academics/GPP/Centers/intheworld.html]Interdisciplinary”>http://www.wpi.edu/Academics/GPP/Centers/intheworld.html)</p>
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<p>I haven’t applied for any internships yet, so I really can’t speak from personal experience. However, I did go to the career fair, and there was a very strong selection of engineering firms. The grad school fair, however, didn’t have a lot of “big name” schools. </p>
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<p>What are your other choices? To be perfectly honest, I wouldn’t advise you to go into a lot of debt if you have any good alternatives to WPI. </p>
<p>A good idea might be to look at how much money you’ll realistically make out of school, and then decide if you can afford your debt burden.</p>