<p>ok so i was planning to go to emory in the fall. I got a full ride to emory. USC was originally my first choice but i was accepted for the spring and i would have to get take out $14000 in loans a yr. I just got a call today saying that i am being offered a spot at USC in the fall. I put in an appeal to the financial aid office at USC a few weeks ago and am still waiting for that but now im really confused. i have no idea what im going to do now...any thoughts?!?</p>
<p>I would probably pick Emory. Coming out of college debt free sounds really good.Would you have to pay full at USC?</p>
<p>As cyron1 said, in your situation, I would probably go with Emory. However, if you do receive more financial aid, then you’ll definitely want to reconsider.</p>
<p>Check with USC if they finished your appeal request. Then, decide between Emory and USC.</p>
<p>ok so i got my appeal back now i am getting about 43k a year from USC so that leaves about 10k in loans
so its really not that big of a difference…just if i went to emory i would have nothing…but i dont want money to be the only factor in my decision</p>
<p>ks,
My home is in suburban Atlanta, so I have been to the Emory campus. The two universities are very different. Emory has a large number of students from the northeastern states. Even though it is in the greater Atlanta area it does not have a southern “vibe”.
What is your major? That should be a large consideration.
If you plan to live in California after graduation, USC would be the better choice. Even though Emory is a Tier I university it is not as well known nationally, in my opinion.
Now that the aid has been increased where do you feel most comfortable? USC is much more diverse and larger. What is the best fit for you?</p>
<p>I don’t speak for everyone, but I think 10k/year is manageable if your number 1 is USC.</p>
<p>Questions:</p>
<ol>
<li> What is your major?</li>
<li> In what part of the country do you live?</li>
<li> Are you a Trojan sports fan??</li>
<li> Do you prefer Atlanta or L.A.?</li>
</ol>
<p>$10K/year would be at least $40K by graduation. That is a huge sum of money for a newly graduated young person. Though you can take up to 20 years to pay it off, it will count towards your total debt and total debt service when qualifying for other credit such as a first home mortgage. Even on a 20 year repayment schedule at 6% interest the monthly payment would be $285/month, or $3400/year. Your annual income post-graduation would have to be higher by about $4,500/year for it to be “worth it” in a purely financial sense.</p>
<p>I know that a post-graduation starting salary of $50K or $60K per year seems like a generous amount, but after taxes, savings, rent, car payments, groceries, etc. the disposable portion ends up being a lot less than you probably imagine.</p>
<p>Staying out of debt as an undergrad is a good way to keep your options open in case you end up wanting to pursue an MS or a professional degree after graduation.</p>
<p>If you are from the east coast and will probably want to end up working there, go with Emory.</p>
<p>ReallyOldSchool & GeorgiaGirl posed valid points as well. Both are great schools, but I would probably pick Emory if I were in your situation.</p>
<p>ive heard alot about the trojan family…im from nj…how much of a pull would you say it has on the east coast because i know its very influential on the west coast</p>