@suzy100 wrong dad^ (but I can see where you’d confuse them)
@momnyu I agree, adulting does really suck sometimes. That’s how you know you’re doing it right…
Hopefully he’ll recover enough to get applications out to the many excellent urban schools listed here.
I second McGill - better than NYU, very similar environment, January 15 deadline, easy application (his hard work will pay off: admission to McGill is ONLY based on grades, AP classes&scores, and test scores.)
Paveyourpath…thank you for your kind words!
Clarinetdad …this was never a “bash NYU feed”. This was solely to help us really weigh the struggle of the sacrifices we were contemplating and the value of, taking on an NYU education. Frustration yes. Feeling like we failed our son maybe. But we want to be able to give him more experiences in life than JUST NYU.
We came to this forum in search of guidance so those who have guided us kindly thank you and those who didn’t, I hope your never in the path of someone’s dream imploding in front of you. Cause its truly painful to witness. Social media is wonderful and then it’s not.
Some of you here understand the pain that came with this decision of weighing the real cost of NYU if we accepted. No bashing. Just reality. Kudos to those of you who can easily write a check for a 1/4 mill of tuition. I’m happy your child’s dream came true and you aren’t left picking up the pieces of a dream. They should improve their net price calculator. I have already expressed this thought directly to NYU. If it’s a tool for prospective students to use to gauge a range of tuition then it should be a tool that’s closer in gauge to the NET PRICE it is calculating.
Trying to show our son that there is also value in his hard school work ethic. We are just simply parents trying to help our children’s dreams come true.
NYU was his dream. I spoke with a financial counselor at NYU and she said she has tons of loans, is 25 and she is tired! We want to set our son up to throw anchors, not be chained to one.
Signing off…best wishes to all pursuing an NYU education.
Will you let your son pursue his dream in another NYC college or in another city ? January 15 deadlines are near.
I hope you come back to let us know where he eventually applied, was admitted, the financial aid, and where he chose to go.
@momnyu there are those here willing and able to offer guidance. As explained all we know is your child was admitted with an unaffordable package at NYU. That’s in the past,
To navigate towards the future if you could share an overview of your child’s academic and financial profile, there may be schools with deadlines that have not passed that could be solid options. Or perhaps if there are not a gap year could be appropriate and apply to the right target schools next year with a wealth of valuable life experience under his belt.
“he has been given other offers of nearly free rides to equally great schools…”
OP seems to have options lined up.
^ but it sounds like those aren’t in a big city ?
MYOS, only seemed to me that they weren’t in NYC.
OP didn’t ask for suggestions or to discuss a gap.
Should we be surprised NYU didnt do what it generally doesn’t do?
Advise a parent to borrow money she seemingly can’t afford?
Feel bad for a kid who has fabulous alternatives with huge scholarships at amazing schools?
Probably not. Seems this thread has run its course. Hope the kid makes a good choice.
@ClarinetDad16 thank you for showing us all how to be empathetic.
OP–you are brave and parenting does suck sometimes. I think that’s how you know that you’re doing it right. You’re able to take it on the chin and still hug your child. I’m sure that you made a wise decision.
hearts and hugs
=((
Did I miss where the OP provided the loan breakdown? It sounded like the tuition price of $250K was given. That is a fairly normal price for a private school. That would be a sticker type price. What about the money the parent is paying and the paltry aid. Sorry if I missed it in the thread. I think it would be unusual for any student attending NYU to exit the undergrad program with $250K in student loans.
Am I misreading the OP?
I have a question for those in the know, don’t school’s net price calculators need to be somewhat accurate? My daughter also applied to NYU, regular decision so we don’t know yet. The NPC said she could expect over 30k in aide, if it had said zero we probably would have applied. How are they getting away with that?
@socalmom007 The problem with the Net Price Calculators is that the one’s that are very generic and don’t ask for a lot of information (like NYU’s) aren’t all that accurate and are simply based on income buckets which don’t tell the whole story. Think about this - NYU requires the CSS Profile, but doesn’t ask for any of that same info on the calculator, so how could it be accurate? Some of them are better than others, just depends on the school. They get away with it because they don’t meet need.