How much debt is it worth to go to Georgetown?

<p>I know there's a few threads on this topic, but I guess that each person's situation is different. I was admitted RD and got my FA package yesterday. It's not very good to say the least. After considering grants, work study, my own money, and what my parents are actually going to give to me, I would probably have to take out between $65K and $70K in loans. At the College, I would probably look to double major in math and economics because I'm interested in becoming an actuary. Is it worth the loans that I would have to pay back? I really love the school, but that really seems like a lot of money.</p>

<p>On the other hand, my other option is to go to one of my state schools (TCNJ in the Honors Program) and finish with less than $10K.</p>

<p>I would really appreciate any opinions because I really don't know what's better in the long run. If you think that the Georgetown debt is too much, what would be a reasonable amount to owe after graduation? (I'm trying to get some outside scholarship money to lower the number, but none of that is a guarantee.)</p>

<p>I am in the exact same position, I got great financial aid from two of my other top schools but Georgetown is my absolute DREAM school! I haven’t gotten my financial aid yet but I’ve decided if I have to take out that much money in loans it’s just not worth it. Especially if you want to go to grad school, there’ll be plenty of time for loans!</p>

<p>Hmm, Georgetown is highly selective, but if you truly want to become an actuary, then it is not worth the cost. TCNJ is not a bad school either, and they offer an actuarial science minor. </p>

<p>However, honestly you don’t need to go to a super prestigious school to be an actuary, as long as you can pass exams before you graduate.</p>

<p>As much as I love this school, I don’t know if I could justify doing that (and note my username!). The math department is especially subpar here, although I don’t know much about TCNJ.</p>

<p>Then again, as an actuary you will probably make enough money to be ok with that debt.</p>

<p>On the third hand, you run the risk of coming to Georgetown and falling in love with government or english or one of our specialties that pays much less than actuarial work.</p>

<p>Thanks for the advice so far!</p>

<p>MathEcon13: It’s funny how you have the username that fits exactly what I’m concerned with. Could you elaborate about what makes the math program subpar? And how is the economics department?</p>

<p>Bump…</p>