<p>My son was accepted at NYU, BU, Northeastern, UCONN, and UMASS. NYU is his favorite. Bottom line, we cannot afford it. They are basically giving us nothing with the promise of giving us even more nothing if our financial situation changes. He wants to study International Business and Economics. There is no doubt in my mind; he will do well. Do you believe his chances on the type of job he attains or the rating of grad school he is accepted to applies to will be negatively impacted if he does not go to NYU?</p>
<p>No. So long as he does well at wherever he goes. It’s more about what he has done than the college. I suggest going for BU. He can have excellent opportunities there.</p>
<p>I don’t consider NYU to be appreciably better than those other schools.</p>
<p>Why do you believe that?</p>
<p>seekinganswer -</p>
<p>In every study of long-term results that has been done to date, the student’s individual character has proven to be more important than the name on his/her college diploma in deciding his/her future. All of these are very fine educational institutions, but none of them will get your son anywhere that the others can’t. Where he can go in life truly is almost entirely due to him. Sit down, run the numbers, consider any other factors that are meaningful to your son and your family (distance from home, college environment, etc.) and choose the one that truly is feasible. It is OK to choose the least expensive option. Here is a calculator that can help you sort things out; [FinAid</a> | Calculators | Award Letter Comparison Tool](<a href=“Your Guide for College Financial Aid - Finaid”>Award Letter Requirements - Finaid)</p>
<p>Wishing you and your son all the best!</p>
<p>was he accepted to NYU stern? and does he want to work on wall st?</p>
<p>if the answer is yes to both of those Qs… then maybe… it might be worth it.</p>
<p>josebiwasabi -</p>
<p>Did you miss the words “we cannot afford it”? NYU is famous for providing excellent financial aid for a very small number of students, and dismal financial aid for everyone else. The OP’s son needs to choose between the other institutions on his list.</p>
<p>yes, i did read that line. and while some people truly cannot afford it, some people actually (barely) can but do not want to give up their current comfortable lifestyle in order to send their child through school, which is definitely a valid perspective. </p>
<p>the point still remains that if the student was accepted to NYU stern but decides to go to a different institution, the same opportunities/recruiting/internships may not be readily available. for almost any other career i would say your undergrad doesn’t really matter, as long as you excel, but if we’re talking about wall street it’s a different story. stern is a feeder school. the others, not so much.</p>
<p>that said, out of the remaining schools i would probably choose the most affordable one.</p>
<p>First, <em>possibly</em>, what josebiwasabi said (since you seem to be considering it even though you can’t afford it). But if not NYU Stern or not planning to work on Wall Street, then NYU definitely is NOT worth it. My very uninformed opinion.</p>
<p>Read any of the many many articles on the web, and threads here, about too much college debt.</p>
<p>I really appreciate your feedback. My son was actually accepted into the Liberal Studies Program from which he would have transferred into Business/Economics after 2 years. If you are not aware of LSP, this is how it works. Basically, students of strong academic standing, but not quite up to snuff when compared to typical freshmen; for example Verbal SAT 710 and Math 650 vs. say Verbal 700 and Math 700, GPA 3.7 and in top 20% vs GPA 3.8 vs top 10%, etc, are asked to enter the LSP. </p>
<p>Now this is what I like about this two year program upon which 100% of students successfully transfer to school of their choice; very small class sizes in which kids complete the first two years of core courses, heavy emphasis on developing critical thinking skills by focusing attention on the liberal arts, close association with prof’s who actually know your name, strengths, weaknesses. At first I was put off by the program, however, after researching it and visiting NYU during their welcome day, I was sold. However, my feelings from an undergraduate perspective are although the education appears to be sensational, it is not work >175K of my money. There was nothing I could do to convince them otherwise; hence my posting.</p>