Hello all,
I am graduating this semester and I am going to attend grad school next. I have to take the GMAT and I want to give myself adequate time to prepare. I have pretty much narrowed my choices to five choices - two private, three public - and I am having a difficult time deciding what to do.
I will be graduating with absolutely zero loans and I will have an accounting degree. If I were to get into the public choices, I would most likely not consider the acceptances from the private universities if I were to get into them. However, in the event that the private universities are my only choices, what do I do?
How do I pay for it? My parents will not be contributing to my graduate education. They make ~$120k per year, so I am doubting that I will receive much financial aid (considering this was the case when I got into the same private universities for my undergrad and received barely anything). Also, how does financial aid work with graduate students? Isn’t it only in the form of loans; no grants?
I am just having difficulty understanding how people do this, or are people really taking out $60k+ in student loans? I do know that many people are taking this route… but is there some way around this?