<p>I'm currently looking at the cost of NYU, which appears to be about 52,000-56,000 per year. I come from a single parent family, making under 60,000. So I'm wondering if this plan could work/or even should be done. I'm hoping to get the F.A. package of around 26,000, along with a few additional scholarships. Hoping to get up to 40,000 overall from this. Then I'll try to work part-time, which I thought would be at max 10,000 per year. So I'll get around 80,000 of the debt removed, if all goes perfect. Should I come out with around 100,000 in debt. Then proceed to go to a nice pharm. school such as UC San Francisco Which costs about 50,000 a year. This would cause me to end up in about 300,000 in debt. Or should I scrap the plan, go to UB. Which costs around 18,000 for NY residents and then come out pretty much debt free. Then attempt to go to UC San Francisco or some other higher-end pharmacy school.</p>
<p>This is an absolute no-brainer. Go to UB. You cannot afford NYU.</p>
<p>For starters, NYU is well-known for horrible, terrible, no good, very bad financial aid. Even if you did get their top scholarships, $100,000 in loan debt is WAY too much - your student loan payments would be upward of $1,000+ per month.</p>
<p>Think about how much $300,000 in debt is - add interest, and you’re looking at about 10 times the median annual household income. You’re talking about paying perhaps one-fourth of your entire lifetime earnings to student lenders. That is insane.</p>
<p>I’m sorry but I agree with the others. NYU sounds like it is not affordable…and you are trying to rationalize a plan to make it seem like it will be. </p>
<p>I have to say…there are MANY other pharmacy programs between NYU and UB…are you looking at any of them? </p>
<p>If these are your only two school options, choose UB and get your undergrad degree DEBT FREE…you will appreciate this lack of debt when the time comes.</p>
<p>Thumper1 — I don’t know why you say “between” NYU and UB. I actually think UB has a great program - do you know more about it? Did you mean besides?</p>
<p>NYU will not be affordable. You’ll have too much strangling debt…and it’s sooooo not worth it.</p>
<p>Think about your future. Think about when you are a pharmacist. Your fellow pharmacists may have some normal size debts from PHARM school. But, if you rack up major debt from undergrad and pharm school, you will be living like a pauper while your colleagues are all moving on with their lives…buying homes, traveling, living the “better life”. How happy do you think you’d be THEN? :(</p>
<p>I was referring to the costs of NYU and UB when I used the term “between”. I was not trying to say anything negative about the UB programs which I understand are quite good. This student needs to be a lot broader in their college search if finances are a serious consideration. There are lots of choices between those schools where cost is concerned.</p>
<p>That’s what I’ve decided. Might as well go to UB. The more I look at UB, the nicer it appears. Definitely with the prepharm. program; that some one listed above. For some reason I tried to rationalize my plans when it wouldn’t even work if everything went perfect. Plus, coming out of pharm. school with 300,000 in debt averse to coming out with per say 100,000-150,000 in debt is quite a difference. This really was a no-brainer hahaha.</p>
<p>Zero, with your family income, you may qualify for the NYS TAP program, and gets grants up to 5K per year. I think you are likely out of the Pell grant range.</p>
<p>Also, Buffalo is a cheap place to live – so if and when you move off campus, lots of ways to economize</p>
<p>And, I think the combined prepharma.pharmD program cuts a year (maybe two) off of your combined studies.</p>