<p>Ok so I'm down to deciding between my final two schools. Univeristy of Southern California and University of North Carolina. USC gave me a great financial aid package, mainly a merit scholarship. UNC gave me nothing but a student loan. My parents have told me that they want me to make my decision without regard to finances. I like both schools pretty much equally, UNC gets a little bit of an edge because it is closer to home.
My parents said that for me to go to UNC they're going to have to take out about 10k a year in loans and I'm also going to have to contribute more to my everyday expenses, which I don't have problem with. But looking at the USC option where they won't have to take out the loans, and I won't have to pay as much, I can't help but feel guilty about asking them to pay for me to go to UNC.
I've tried talkimg to them about it but they insist that they just want what is best for me. In my mind, this is not the time in their life when they should be taking out more loans, rather they should be saving for retirement.
Any advice?</p>
<p>More loans? Do they already have a lot of debt?</p>
<p>If their house and cars were paid for, they had good, guaranteed jobs, and they didn’t mind 40K in loans, it would be a different story than if they still have a mortgage, jobs that might disappear, etc.</p>
<p>But maybe it is worth it to them to have you stay closer to home.</p>
<p>It is good of you to be concerned for your parents. So many other student posters seem not to be taking the parents into consideration.</p>
<p>My parents were willing to rack up $180k debt for me to go to BU. The cost of attendance is double what my mom makes. I chose to go to UCR… where I’m probably paying $4500 for four years. x.x;;</p>
<p>If you think the education is absolutely worth every penny, then go for it. Just repay your parents later! : ) They are both great schools. I’m assuming you live in NC? Have you ever visited Cali? The change of location, culture, location, etc… could be a wonderful experience.</p>
<p>i don’t live in nc but i am on the east coast. and yes i’ve visited USC and i loved it</p>
<p>If you get a job right when you get out of college, live home, etc, I think that 40k debt could be paid off easily.</p>
<p>Why don’t you call UNC and talk to them about financial aid? There’s a possibility they might match USC’s finaid package.</p>
<p>I did call unc and they said that there is nothing else they can do for me. And I don’t see much value difference in a USC business degree versus UNC</p>
<p>lol. then why does this need any discussion? go with USC.</p>
<p>Both USC and UNC have excellent reputations. I don’t think it’s worth having parents take out $40 k in loans so you can attend UNC.</p>
<p>Agreed, the answer seems obvious – go to SC. </p>
<p>Unless your parents are absolutely rolling in dough, they’ll appreciate having that extra $40K to put toward retirement. Kudos to you for thinking about their welfare as well as your own.</p>
<p>Once you’re at school, the only reason the distance from home is going to matter is when you are headed back home. If the only advantage of UNC is that it is closer to home, and you really do love USC as you said, go to USC! </p>
<p>You’ll grow a lot just in handling the travel arrangements and making the trip back and forth; that’s a great life skill to have, AND learning that life skill will save your family $40K! How cool is that?! You’ll also get to experience life on the Left Coast – even more reason to choose USC in my book!</p>
<p>Kudos to your parents for 1.) being able to give you the choice; 2.) letting you make the choice; 3.) raising a kid who gets into two very fine schools; and 4.) raising a kid who takes the family into consideration.</p>
<p>I predict a happy and successful college career and life for you!</p>
<p>If you plan to stay in SoCal there is a great value to a USC degree in the alumni networking</p>
<p>Swoopes2: </p>
<p>-You should read different threads about students that would like to be accepted in USC. -What a wonderful family. You belong to USC! Best wishes.</p>