<p>Fall Standard (07)
Stern Scholarship $3,000.00<br>
Expected Pell Grant $2,155.00<br>
Federal Work - Study Eligibility $2,000.00<br>
Expected Perkins Loan $1,200.00<br>
Suggested Stafford Loan $2,750.00<br>
Suggested PLUS Loan $13,890.00 </p>
<p>Spring Standard (08)
Stern Scholarship $3,000.00<br>
Expected Pell Grant $2,155.00<br>
Federal Work - Study Eligibility $2,000.00<br>
Expected Perkins Loan $1,200.00<br>
Suggested Stafford Loan $2,750.00<br>
Suggested PLUS Loan $13,890.00
I have to take out 35k a year. Is it worth it?</p>
<p>if it's Stern, it's worth it.</p>
<p>but how long does it takes to pay off all the debt?
I am a transfer. So it d cost me around 72000 assuming i can graduate in 2 years. I dont want my mom to take out a huge loan like this. She obviously does want to since i told her just now. Is there anyway to finance the costs?
i really wanna go. but the loan overwhelmed me.</p>
<p>Not worth it. Swallow your pride and go to a better place financially.</p>
<p>if its stern definitely opportunities are limitless. I'm a sophomore and im getting $1000 a week and a have a so-so GPA. Stern will enable you to get an amazing internship junior year that will lead to a 6 figure job.</p>
<p>If you're goal is to study finance, it's one of the very top schools for that; therefore, if you do well, you'll get a very good job afterwards.</p>
<p>just curious. what job u have that enable u to make 1000 per month?</p>
<p>the thing is my major is actuarial science(dont know if u guys ever heard of it), I dont know if i can make as much as those major in finance. </p>
<p>BTW, is it possbile to change major after I get there. I have to retake many courses at NYU if i dont pass some sort of exams during summer. I am kinda worried that I cant graduate in two years and end up spending one more year.</p>
<p>mattistotle: I assume you mean you will be making that kind of money in the summer, unless you're working full time during the school year!</p>
<p>Actuaries are paid pretty well, and probably equal to finance majors in terms of base salary (bonuses, I have no idea) - you just have to pass all those tests. </p>
<p>If it makes you feel better, your mom would take out $28k. You would be the one borrowing the Pell & Stafford loan amounts. I think the key question here is whether Stern is worth it compared to your other options. In an absolute sense, it's hard to say - yes, you can make a good amount of money coming out of Stern, but you could do so elsewhere too IF you were willing to put in the effort to make up the difference between 'elsewhere' and Stern. It's good to keep in mind that when people are like "of course it's worth it!" or "of course it's not!", they're really talking about their own situations, which may bear no relation to yours.</p>