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04-03-2011, 08:52 AM | #1 |
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So last year I graduated from a public 4-year university. I took the year off and applied to grad school during the fall and now I'm getting responses back. I applied to 7 different schools of different academic integrity and have gotten accepted to 4 of the 7 schools (haven't heard back from the last 3 quite yet - will hear back soon).
I am going to be going into city planning, which is a respected field, but doesn't offer oodles of money. At the moment I have only a little money saved up but no debt. Today I got an acceptance letter from Cornell University, and I anticipate being accepted to Harvard as well. Tuition at Cornell will set me back about $22,000 per year, two-year program. I will have to pay my own room/board on top of this (as well as work 6 hours per week for the lowered tuition rate). At the same time I have been accepted to some non ivy leagues (large well-known public universities) that cost more in the range of $14,000 - $18,000 per year not including any graduate assistant work. I am worried about finding a job out of school to repay my loans and I am wondering, for those who have gone to grad school or for those who have hired people before, is the extra $5000 - $7000 per year worth it to go to a school whose name everyone will recognize? I've been told it would be foolish to pass up the chance of going to Cornell or Harvard, but I am the one who will be funding my education on my own merit and I don't know whether the extra money is really worth it. |
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04-03-2011, 09:41 AM | #2 |
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So last year I graduated from a public 4-year university. I took the year off and applied to grad school during the fall and now I'm getting responses back. I applied to 7 different schools of different academic integrity and have gotten accepted to 4 of the 7 schools (haven't heard back from the last 3 quite yet - will hear back soon). If the difference was $20'000/year, maybe I would at least waver, but as it stands, the difference in cost is only a small percent of your projected lifetime earnings, and as such, it seems like very wise investment. But don't listen to me, this is my 8th year of graduate education. |
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