<p>I recently got accepted into Northeastern's nu in program, and I would totally be fine with going except for the high expenses it brings. I got into other colleges for engineering, but I assumed NU's co-op program would really help with experience and getting a job. If I were to graduate from NU, I would be in about 100k debt. I only received about 2k in financial aid. I'm wondering if this is worth it all because this is my dream school ad I would do anything to go here.</p>
<p>That’s way too much debt. What are your other options? </p>
<p>Arizona State University which also has a good engineering program. Or going to Emmanuel right next door to Northeastern for a year to get the basics, and then transferring… I figured if I made it through a year at NU though, that they might be able to change my financials since my other parent makes hardly any money.</p>
<p>Plain and simple - no, Northeastern is not worth 100k in debt, even for an engineer - you can get a decent engineering education and have similar job prospects at any (cheaper) reputable school. </p>
<p>First of all YOU cannot take out that much in loans. As a student you are limited to the direct loan limits ($5500 for freshman year with slight bumps up each year). Otherwise your parents or another qualified consigner would have to consign and be fully on the hook for repayment. Then they would have to re qualify every year. It is not unheard of for the consigner to not qualify any longer and then AFTER running a couple of years of debt, not having funds to pay necessitating a transfer to a lower cost option. And didn’t northeastern already have the information about your parent’s low income? </p>
<p>Much smarter to go to an accredited engineering program you can afford. </p>
<p>Northeastern is a great school, but from what I have heard from engineers is that salaries are not that different starting out as long as the school is accredited. </p>
<p>What are your instate options?</p>
<p>No school is worth $100,000 in debt, not Northeastern, not Cornell, not Duke etc. </p>
<p>Amen to that!</p>
<p>I want to thank those of you who replied to my question and thank-you for your advice.</p>