Binghamton or Boston University? Its a money problem

<p>Here are my stats:
efc: 4300
sat: 1910
gpa: 3.9</p>

<p>For Binghamton, I have about 13,000 in loans per year
For BU, I have 30,000 in loans per year.</p>

<p>As of now, I’m probably going to go to Bing.
Is BU worth the 120,000 in debt after graduation??</p>

<p>This is for the undergraduate liberal arts& science school.</p>

<p>absolutely, positively NOT</p>

<p>I don’t think many schools - if any - are worth $120k in debt. You’re really talking a $17k a year difference or $68k total. That’s a lot. Too much in my mind. The only way I’d think differently is if you have a ton of AP credits and can get out a year early. There’s a link to BU’s chart in another recent thread.</p>

<p>Way too much. My friend is in a similar situation, and she is going to Bing. Good luck!</p>

<p>funny thing is, BU gave me so much aid that it was cheaper to attend BU than binghamton. binghamton gave me 0. rediculous.</p>

<p>I wonder if you have looked into the implication of having 52K in loans when you graduate from an undergrad institution. With an Arts and Science degree??? Have you figured out what this will mean for your long term financial situation? A lot of kids take more than 4 years to graduate, too. Most colleges publish thier 6 year grad rate, not thier 4 year. Add another potential 26K to that? If you can even get the aid for those years…</p>

<p>My father was a high school drop out, so I really do get what it is like to have to find a way to afford your own college education. Worse he was a financially successful high school drop out who thought colleges were entirely overrated and a waste of time. I had to find ways to pay for school. I didn’t have a lot of options. But, it did work out.</p>

<p>I’m not trying to ruin anything for you, but do you have any AFFORDABLE options? Because IMHO neither of these really are.</p>

<p>I would pick Binghamton. Binghamton and Boston U are similiar in ranking. Also, although BU is good school, it is completely overshadowed by other great schools in Boston.</p>

<p>The locations, ambiance and student body are very different at each school, just like the sticker price. Visit each school, talk to the students there, ask about the professors in your major, look at the opportunities for internships and employment after graduation, look at the surrounding towns, sit in on a class, and then only you can decide if the debt is worth Boston U…</p>

<p>Asking BU for more money could result in $2000 max. Not exactly a dent. </p>

<p>Kind of agree with poetgrl…this is a lot of debt for either situation. If you’re thinking about grad school, that’s another $50,000-$150,000 in debt too. Tough choices…</p>

<p>So someone shouldn’t go to BU because it’s across the river from MIT and Harvard? That’s pseudo-reasoning.</p>

<p>Seriously though. You can appeal but I’d go with the sensible financial choice.</p>

<p>wow how come your parents dont help and chip in?</p>

<p>i dont mean alot but around 10,000 dollars per yr on your tuition. </p>

<p>while your in college, do a part-time job so you could pay it off.
or…
go on fastwebs.com and try to do things that will win you scholarship money. i did that and so far, ive gotten 4,000 in awards for scholarship money since Sophomore yr and im a junior now from fastwebs. ive also applied to my schools scholarship contests and recieved so far 8,000 since i was in 7th grade. you just gotta know how to be creative to get the scholarship $$$. </p>

<p>Try getting a job in the summer and a job now part-time so you could pay it off.</p>

<p>Long story short: I transferred out of Boston University and in order to go to Binghamton U. I attented Boston University for the 2008-2009 academic school year for biomedical engineering and pre-med. The school is big and you need to expect to be treated as a number and to meet little to no personaly help. But, if you can find your niche then you’ll be happy. </p>

<p>As to whether or not it’s worth the $55,000 a year…it’s not. I’d only go there if your specific program is of a much higher caliber at Boston. Otherwise, if your major isn’t going to be significantly better at Boston, then stick with Bing.</p>

<p>dmangan, is binghamtom really good for biomedical eng? im not familiar with it, but BU is #7 in the country and is highly reputable so why did u feel that it wasnt high caliber?</p>