Pleas Help! Big Decision between returning to Michigan State and Staying at NYU!

Hi all,

I am currently studying economics at NYU and am a sophomore. I attended Michigan State University my freshman year and made the transfer out here.

There are infinite pluses and minuses to each experience I have had, and my question is more regarding debt.

My parents gave me a bit of an ultimatum: they’ll pay for 2 more years at MSU or 1 more at NYU.

If I continue at NYU, I’ll have anywhere from $50k-$65k in debt upon graduation.

I did love MSU, but came to NYU for the opportunity, especially in a field like economics. Both experiences have been rewarding - the city has taught me a lot, given me some great connections and opportunities as well. MSU is close to home and has a great finance program I would transfer back into, and most importantly, I would graduate with no debt at all!

There are a lot of moving parents to this decision socially, internship-wise, finance-wise.

Can anyone advise me either way or shed some light on the situation? I want to finish off my final two years of undergrad with no regrets.

Some additional details:

  • I am a fraternity man at both schools
  • I play club hockey
  • I had a 3.8 at MSU and a 3.33 at NYU first semester
  • from northern MI, which is very close to MSU
  • I think that MSU is very much the more “fun” school, but don’t want to think too hard into that!