I have been admitted to business schools at Georgetown, UIUC and UMTC (Double Major: Accounting and Finance). I want to work in investment sector in future. Additionally, I also have been admitted at Grinnell University for a course in Economics with a financial aid of 42,000 dollars per year. Whereas if i enroll in Georgetown, i would have to take a loan. therefore, is it better to go to Georgetown with debt or enroll at UIUC, UMTC or Grinnell debt free??
Generally speaking I would not take on debt to attend Georgetown given your other options. How big of a loan are we talking? Grinnell plus later MBA seems like good path, or the undergrad business schools at Illinois or Minnesota. Have you visited Grinnell?
How much of a loan are we talking about?
How good are you at math?
80000 dollar loan for Georgetown
I have never visit Grinnell as I’m an international student
I am really good at maths (constantly getting 7 in math HL)
80,000 dollars is way too much in loans.
I’d go with Grinnell :), then work then MBA at a top10 program.
$80,000 debt for Georgetown vs. no debt for Grinnell, UIUC and MN Twin Cities? Illinois and Minnesota are both excellent flagship universities, with different strengths and advantages. Grinnell is a top liberal arts college, with excellent sciences, lots of funding for student research, internships etc. With choices like that, I would not recommend taking on debt just to go to Georgetown.
While I don’t know the differences between the B schools at Illinois and MN, one clear difference is the environment – a student who wants an urban experience would prefer MN. International travel in and out of Twin Cities would also be easier.
Grinnell is an excellent school, but very different feel – fewer than 2000 students, several hours from Chicago, diverse, tolerant, inclusive student body.
Great choices, but if it were me, G’town would be off the list because that kind of debt is huge.
I’m curious to know how you created your application list to begin with. Perhaps knowing what you were looking for can help CCer’s advise you better.
I wouldn’t recommend Gtown with that kind of debt. And I have one at Gtown.
Georgetown is a fine school, but not a good option when you’re looking at that kind of debt given your other options.
Some things about them:
Grinnell – Very liberal, very rural, very supportive learning environment; almost a prototypical LAC.
Illinois – Big Ten sports, known everywhere, big campus, suburban environment. Typical good suburban state flagship.
Minnesota – Big Ten sports, known everywhere, big campus, urban environment. Typical good urban state flagship.
These three wil have different vibes and appearances, so visiting them would be a good idea. All are good schools.
For accounting and finance I would pick UIUC unless there is a huge cost difference from UMN-TC - also an excellent business school but those programs in particular are very highly ranked for UIUC.
I’d pick Grinnell for the smaller more personal undergrad experience - great preparation for grad school.
I’d pick Grinnell for the reasons above, excellent learning conditions, close relationships with classmates and professors (high likelihood of mentorship and research) etc. Plus all the things going on there, and for free. 
How good are the employment opportunities after economics course at Grinnell in the investment sector??
1° you can’t work in the US with a BS if you’re an international (a BS won’t get you a work visa. It WILL get you OPT time).
2° only Georgetown is a “target” for IB however if you mean investment in general, all are, including Grinnell which has very powerful and wealthy networks.