Is it really worth the debt?

<p>Maybe I stress out too much, but if I attended NEU, I'd be close to $116,000 in debt upon graduation. Is it worth it? I'm really taken by the co-op program and yes, perhaps I could make the money back... but $116,000. That's a lot. That's like a house. </p>

<p>Intended Major: Journalism.</p>

<p>Maybe this is a dumb question. $116,000 is pretty ridiculous.</p>

<p>Yes, its expensive but the cost is basically the same as most private schools. Personally, I blame rankings for driving up the cost of higher education in America, but that's a story for another day. Anyway, don't forget about CO-OP EARNINGS.The average NEU student will earn between $50-55k over the course of 3 co-ops. This money can be used to defray tuition costs. The people who are on scholarship make out like bandits because they get to keep all their earnings. I had a classmate who used his co-op earnings to buy a small condo near campus which he lived in until he graduated. When he sold it had increased in value by about 40%. Quite a nice graduation present I would say.</p>

<p>Where do you get these numbers from? Do you have the average coop earnings for specific colleges or majors?</p>

<p>The highest paid majors are:</p>

<p>Pharmacy
Nursing
Engineering
Computer Science
Accounting</p>

<p>Here's some salary info for Computer Science: </p>

<p><a href="http://www.ccs.neu.edu/co-op/index.html%5B/url%5D"&gt;http://www.ccs.neu.edu/co-op/index.html&lt;/a&gt;&lt;/p>

<p>I will try to find the stats for some of the others.</p>

<p>Engineering:</p>

<p><a href="http://www.coe.neu.edu/prospective/index.phtml?go=coop.htm%5B/url%5D"&gt;http://www.coe.neu.edu/prospective/index.phtml?go=coop.htm&lt;/a&gt;&lt;/p>

<p>Thanks.. Computer Science is my major so that helps.</p>

<p>Is that list of highest paid in order?</p>

<p>Nope, I think that the highest paid major is Chem Engineering followed by Computer Science and then Pharmacy. I should also through finance into the mix of well paid majors.</p>