<p>Hey guys, I have been accepted to ILR as a transfer student and I will be a junior when I get to campus in the fall. I just found out that I got nothing from financial aid because I am fortunate enough that my parents make enough to put me in college. I just feel guilty because I do not want to put my parents $100,000 in debt plus interest when I graduate and the fact that I plan on going to law school. So my question is to you Cornell students: Do you feel the education is worth it? If you guys really think it is absolutely awesome and wouldn't trade that in for the world, then I will go and hopefully be able to pay my parents back. At my current university, I only have to pay 10,000 a year because I would be living at home. What do you think of your experience at Cornell?</p>
<p>Can’t help you but I’m in a similar situation. My parents made enough last year for tuition but this year they’re both unemployed. I’m accepted to ILR as a sophomore… local univ costs practically nothing. Need to save up for law school.</p>
<p>If you don’t mind me asking, how much is your household income approximately?</p>
<p>Good luck!</p>
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<p>what school do you currently attend? what’s your gpa/major? </p>
<p>as a transfer you will be limited to mostly the ILR school and wouldnt be able to enjoy Cornell as a whole too much!</p>
<p>Depends on how much you like your current school and how much your family can afford it. ILR does great with law school though.</p>
<p>Personally, I wouldn’t pay 50k a year for Cornell, because it’s not fiscally possibly for my family.</p>
<p>Thanks you guys for the responses, I appreciate it. My parents make around $150,000 so I am lucky enough that my parents can pay for it, but I just feel really guillty to put such a burden on them. I go to UCI which is a decent school but I dont feel its the right fit for me. Im a econ major and i have a above a 3.9 right now. Do you guys think the benefits outweigh the cost?</p>
<p>macgruber:</p>
<p>Cornell is a fantastic school, but twice the price of UCI instate. (Even living at home you have to eat and commute so it’s more costly than you think.) No one but your family can decide whether going OOS is “worth it.”</p>
<p>But, law school is ALL about numbers, gpa + lsat. A 3.9 gpa + strong test score can get you into Cornell Law.</p>
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<p>Possible Benefits of Cornell/ILR:
- A rich education with a unique degree
- Intellectually stimulating environment
- Experience of an idyllic and beautiful campus, experience of an “eastern” lifestyle
- Diverse student body
- Possibility of obtaining rewarding and enduring friendships
- Strong Alumni network
- Prestige of an Ivy League School
- (With ILR) A known, solid foundation for career in law
-Possibility of other strong connections, networking opportunities</p>
<p>Possible Costs of Cornell/ILR
-$100,000 debt
-distance from home and family
-forgone relationships, connections at current college</p>
<p>Do all of the possible benefits exceed the $100,000 price tag and other opportunity costs? Needless to say, this is something only you can discern. But I will say that if this is something you really feel you should pursue, you can do it without putting the $100,000 burden on your family and experiencing the associated guilt. Instead, you can take on the loans yourself. It sounds like you want to go to law school, and–if its a top one–massive loans will associated with that as well. However, you will most likely be making good money some day, and will be able to pay all of them off, little by little. I’m not saying that putting yourself in $100,000 worth of debt right out of undergraduate school is the best idea, I’m just saying that if you REALLY want to go to Cornell, its possible without putting such a huge financial strain on your parents.</p>
<p>^^hmmm, I’m guessing you are a student? </p>
<p>There is no way for an undergrad to borrow $50k without cosigners or collateral. Thus, a student cannot “take out loans yourself…”</p>
<p>I’m going to Cornell, but me personally, I don’t feel there’s a single school in the country that’s worth 50k a year. I know there are plenty of people who will disagree with me.</p>
<p>The question then, is not whether it is worth it, but whether you and your parents are willing to pay for the ILR experience as a luxury, not a necessity. </p>
<p>In the end, I hope you make the right decision for yourself. Your gpa is great, so as long as you get a good LSAT you’ll be going to a good law school. The rest just depends on where you’ll be happier, that’s the main question to ask yourself.</p>
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<p>I was able to take out approximately $20,000 per year in loans to finance my undergrad education without being asked for a cosigner. Of course, that was before the economy went to hell.</p>
<p>All that aside, I will agree bluebayou and say that taking out $50,000 per year on your own will be very difficult at the undergrad level.</p>
<p>Thanks guys, I’ve decided that I’m going to go for sure. Cornell is a once in a lifetime opportunity and that this has always been my dream to go here. It will give me more motivation to work hard and try my best to succeed at Cornell. Hope to see you guys on campus this fall. Thanks again.</p>
<p>Congrats on your decision. I hope your experience at Cornell will be everything you want it to be :)</p>
<p>McGruber,
Congrats on your acceptance to Cornell. I’m happy to hear that you made the choice to attend school at Cornell! I had the same conflict and too decided that it was worth the cost- I actually am paying about 30k to attend next year. Hope to see you on campus!</p>
<p>Macgruber: how much econ did you take at UCI? </p>
<p>plug for ILR ==> </p>
<p>i’m taking an ILR course this summer called politics of the global north (political economy) and there’s SOOO MUCH that i’m learning…luckily i took work labor and capital in global economy (ILRIC 2000 level course) which sort of gave me a rough background on all the economic history/politics that are necessary to know *** is going on right now with this financial crisis…</p>
<p>in high school i planned on learning all about international relations and globalism…and that’s exactly what i’m doing in ILR 
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<p>thank god for globalism and financial crisis…ILR knows what students want to learn!</p>
<p>ResurgamBell- I’ve taken all of the intro and intermediate economics classes. ILR is cool because all my classes transfer over as well. How are the introductory classes for ILR? Im probbaly going to have to take most of them my first semester.</p>
<p>check out the ratings on ratemyprofessor.com </p>
<p>i find them to be mostly true. intro ILR courses just depend on the professor. there are new OB and HR professors now so i don’t know anymore.</p>