Do you think NYU is worth loans/debt??

<p>I am one in the crowd of thousands that has this grand dream of going to NYU. My stats are
Race: White
Top 27% of class
29 ACT
3.64/3.5 W/UW GPA
One or two EC</p>

<p>Obviously my stats are weak and I know there is a slim chance that I will get in but if I do.. We have a problem. My parents tell me that I will probably graduate 60k in debt if I go to NYU. They also say that if I went to a cheaper school… say UW Madison, they would be able to cover the whole cost and not have to rely on student loans. I really feel like NYU is the place I need to be because if I can get a business degree from there I feel like it will set me much farther ahead than a business degree from UW Madison. What do you think? Is/would it be worth it?</p>

<p>NYU’s business school Stern is super incredibly competitive (basically Ivy League stats), so if you get in they will not give you any aid. You are much better off going to UW Madison or some other school that your parents can pay for. Never choose debt over paying up front unless you absolutely have to. Fortunately for you, you don’t have to. NYU undoubtedly has incredible internship opportunities and resources, and obviously is in one of the most thriving and cutthroat business areas in the world. However, you don’t have to go to Stern to get ahead. So many people struggle to find jobs after graduation, if you find yourself in that category you don’t want to be straddled with 60k of loans. I, personally, would go to a school where I didn’t have to take out any loans. UW Madison is a fine school, and a wise choice.</p>