<p>You’re extremely lucky to have to pay that much only actually. Sallie Mae my friend, over four years that won’t be much at all. For my pharm degree I will be taking out 22k x 6 =
132ish</p>
<p>Well, look at it this way. Even if you take out all loans to pay the uncovered cost, you’ll graduate with about 50k of debt, witch, on an engineers salary, isn’t really any harder to pay off than the average person’s college loan.</p>
<p>17 x 4 is 68 which is quite a bit more than 50K even for an engineering major and would likey be more than a starting salary and thus NOT a recommend loan amount to take out. Not to mention that amount may go up in years 2, 3 and 4.</p>
<p>We got about 30K in scholarship/grant/etc but still leaves a gap I’m not sure is affordable unfortunately.</p>
<p>Starting salaries for engineers are from 50 somthing k to 70k on average, depending on specialty. If you’re actually good at engineering, you’ll start a bit higher.</p>
<p>We appealed several times - including submitting the offers from other institutions which were significantly higher - but no changes. RPI’s financial aid/scholarship offer was the lowest received.</p>