WPI Scholarships

goodncolo
Sun, 17 Apr 2011 21:54:32 +0000

Yes, that fact is easy to miss - we did at first too! Here is some info that you might find useful as you consider the cost of WPI… (And BTW, I do think that the cost, though high, is reasonable.)

About loans… The guideline I’ve read is that debt shouldn’t be higher than what you expect to have as one year’s salary once you graduate. For a technical degree such as comp sci or engineering, it seems reasonable (though not fun!) to allow for a debt of up to ~70K upon graduation with a B.S. degree. The “reasonable” debt amount would be much lower for an education degree (to my regret!) or for a liberal arts degree.

This series of Q&A articles on financial aid (from the NY Times “The Choice” blog) was priceless to me, maybe you’ll find it helpful also - although much of it is “too late” for a graduating h.s. senior.

[MARK KANTROWITZ - The Choice Blog - NYTimes.com](Mark Kantrowitz - The Choice Blog - The New York Times)