Is ILR worth $80,000 in loans?

Colleges and Universities A-Z Cornell University
1

<p>I'm a New Yorker looking into ILR. Between what my parents are willing to pay and what we have saved, I will have to take out $20,000 in loans per year if I am admitted. No FA. Getting out, I can see myself working as an economic analyst or possibly in finance, but definitely not in HR. I am not going to law school (ever) and I don't plan on grad school immediately after graduation.</p>

<p>ILRies and those who know ILRies, is a bachelors in ILR worth graduating with $80,000 in debt (versus full tuition at a school like Northeastern or Emory)?</p>

<p>Thanks!</p>

2

<p>versus full ride in Northeastern or Emory? I’m sure I’d pick Northwestern or Emory</p>

3

<p>My son was accepted at Cornell. Ru using estimate for ur fa</p>

<p>Sent from my Desire HD using CC</p>

4

<p>Of course not. ILR is not worth that much in loans. More so if you have full ride offers.</p>

5

<p>No, take the full ride to Emory. I doubt any employer would really see ILR as more prestigious than Emory anyway.</p>

6

<p>I suggest you look into potential employee recruiting. Mainly where and why they recruit on campuses. </p>

<p>Sent from my Desire HD using CC</p>

7

<p>If you want to go into Ibanking, cornell is a better choice because all the big ibanks recruit heavily from cornell becaue we’re good at grinding.</p>

<p>If you want to do management consulting for the big three, you should try to aim to HYP or a top liberal arts college. I’m not sure about Emory, but the big three generally does not recruit here because we’re not smart enough. </p>

<p>If you want to do management consulting or any other type of consulting for, say, accenture, deloitte or a lesser firm, then you shouldn’t have any problem at cornell; they do recruit solidly on campus.</p>

<p>Is it worht 80k? I have many ILR friends that are making 60-80k first year out of college, so yeah, you’ll be able to pay off your loans in a few eyars depending on how much you spend and how many nexus 7’s you buy.</p>

8

<p>^</p>

<p>Above is an excellent advice.</p>

<p>Personally, I wouldn’t go 80k in loans, over full tuition at Emory. It is just too risky. If you land a big-time I-banking job out of Cornell, or a top strategy consulting firm job, then it may be worth it.</p>

<p>However, the possibility of either of those scenarios from happening, on an absolute percentage, is quite low for any given individual at Cornell. </p>

<p>

</p>

<p>Funny. I noticed this trend as well. Most I-banking firms including GS or JPM recruit at Cornell for both i-banking and trading analyst positions. However, I felt that the recruiting from top consulting firms at Cornell was near non-existent. Granted, I graduated two years ago, so things may have changed, but I doubt it. I knew several classmates who were thrilled to land an interview with Accenture technology consulting position, despite having 3.5+ GPA’s. Not sure if that is a by product of a horrible economy, or lack of Cornell’s appeal with high-end strategy consulting firms. (Mck, Bain, BCG, Monitor, Parthenon, Marakon, etc) </p>

<p>However, I hear from my HYP alumni classmates from my law school that landing an analyst job at those top strategy consulting firms were near impossible at their schools as well, due to insane level of competition for very limited slots, and intense rigor of interviewing process for these firms. Bottom line is that nobody should go into college with sight set on attaining said positions.</p>