Mount Holyoke College or Earlham College

College Search & Selection
1

I am an international student intending to major in Psychology. I am accepted to Mount Holyoke College and Earlham College with the same remaining cost. However, if I choose Mount Holyoke College, I will have about 30k loan after graduation. I have to pay the loan in 10 years after graduation. Earlham doesn’t include loan in my package.

MHC is my dream school with excellent academic quality so I have paid the deposit but now I am reconsidering about the loan. Earlham is still pretty good but it is a bit cruel to miss the dream when getting this near.

Do you think a loan of 30k for MHC is worth it?

2

Absolutely.

3

I second @dc20016’s sentiments. It is worth it!

4

30K over four years is definitely a good deal for your dream school! But can you actually afford it? 30 divided by 4 is roughly 7K and a fuzz. You can only take out the 5,500 and 6,500 for the first two years…can someone else provide that extra 2K/fuzz?