<p>In that case, I wouldn’t worry so much then. Spending out of pocket is much, much better than going into any debt. Even if you end up borrowing the same amount, you’ll save out on interest.</p>
<p>However, if you really want to go to grad school, you might want to consider saving some of your money so that you won’t have to borrow there, either. Grad school can often be free or with a stipend depending on the field, but not necessarily always.</p>
<p>Baruch may be lower than NYU in the rankings but that does not mean Baruch graduates are less capable, less prepared, and/or less educated than NYU graduates. Obviously, attending NYU will make it easier to make more high-profile connections and will open a few more doors. If that’s what one would be paying $56k for then one might as well save that money for graduate school where higher-profile connections will be made.</p>
<p>Another thing you may have forgotten is that Baruch hosts the Zicklin School of Business, one of the best in NYC and ranked in the top 100 across the US. It is possible to attend Baruch and still make high-profile connections that will catapult one towards lucrative positions in industry.</p>
<p>*I definitely recommend racking up crushing debt for NYU. It might seem like a lot now, but once you have a decent job working in the financial sector you’ll barely notice the massive, usurious payments. It might take a little while, but you’ll be out of debt and living large. And even if you don’t get a job right out of college, there’s always grad school to help you defer payments on loans. *</p>
<p>OK…the person giving this advice clearly knows little about the impact of debt on one’s lifestyle. Someone with a decent job is certainly going to notice having to pay monthly payments (equal to 2-4 EXTRA car payments) for 10 LONG years…in addition to trying to pay for one’s own living expenses, while also trying to save for a home.</p>
<p>Why is your career choice going to be difference depending on what school you go to? You can go into corporate law from either place; that’s not going to ride on the reputation of the business program but actually the reputation and rigor of your law school.</p>
<p>That said, I certainly wouldn’t pay $56,000 per year to go to NYU. Those are very large loans, and if you are planning on a law career you’ll need to also borrow money for that - we’re talking about over $200K for undergrad (assuming all of that is financed in loans) and then another $150K for law school. That is massive loan debt and even lawyers can’t expect to make that much unless they’re top-paid.</p>
<p>Really it’d be between GWU and UCLA for me. If you want to try living in a new place for a couple years GWU might be a nice bet, but remember that financial aid packages change from year to year and yours might not be as attractive your second year and up.</p>
<p>Barcuh is not a “cheap inferior school.” It’s a pretty well-respected CUNY, and when it comes to getting a job in New York City, not that far below NYU as prospects go.</p>
<p>Also, mom2collegekids, I think that person was being sarcastic - note the words “massive, usurious” and the barb about graduate school deferring payments.</p>
<p>I know what I’m talking about since I speak to a lot of my brother’s friends who currently work as financial analysts and stuff in NYC. If you are looking for work in manhattan there is pretty much no distinction, the only difference is if you went to Columbia.</p>
<p>Yeah, Columbia. Haha. I was denied earlier today! Well, I’m going to call NYU and see if there is anything other than loans they can offer me. Because they just offered me $56k in loans, but I’d like to see if I could offer me something else…especially now that GWU has offered me a $20k scholarship each year. Btw, GWU has a fixed tuition, meaning that the price I pay my freshman year is what I’ll pay until I graduate. So thats good I guess.</p>
<p>I would go to UCLA and double major in Economics and Political Science or Business Economics. Studying at NYU (Stern or otherwise) will not prepare a student better for Law School or look better to Law School admissions committees than going to UCLA. NYU would cost $120,000 more than UCLA over 4 years. That’s two years of Law school. It is simply not worth it. Harvard, maybe…NYU, no way.</p>
<p>I would go with GW. Sounds like you would like something different than CA. If your looking at Corp Law, what better city to be in than Washington? (besides NY)</p>
<p>PS. D is at GW and having the time of her life (also from West coast). Great school and your award is good for 5 years. Congrats!</p>
<p>I think I’ll go visit GW and see how I like it. I’ve read that the school is not as academic and more focused on internships. Is that true? I applied to the accelerated
BA/JD program, but not the Honors.
How big of a difference does that make if I don’t get into the accelerated
program and wouldn’t be in the Honors program?</p>