<p>We got our acceptance from RHIT but not the financials yet. It does seem high priced but I also see good things about the school pgm online and on Payscale where they rate the pay rate after graduation.</p>
<p>In the Northeast it will be expensive for us to visit and we are hesitant to until we see the actual cost for us.</p>
<p>Anyone have any experiences with Rose and its value for education vs its price?</p>
<p>I’m a senior at Rose-Hulman, so I’ll throw my $0.02 in.</p>
<p>As far as ROI and pure salary goes, most engineers will make similar amounts of money starting out post-graduation. In general a Rose-Hulman graduate will make a similar starting wage to a Georgia Tech grad to an Ohio State grad. There are some differences as far as what opportunities are available to different graduates, but starting salaries at a company are fairly independent of the graduating university. Of course, there are things that make a Rose-Hulman education valuable that aren’t apparent in starting salaries.</p>
<p>If Rose-Hulman “fits” you better than another school, that’s invaluable. Finding a school that fits you as a student and allows you to excel will set you up for more happiness in college and much more success in your career than trudging your way through a difficult curriculum like engineering at a school that you dislike. Many students come to Rose and really thrive in the tight-knit environment - not only does it help them succeed academically, but it helps develop a lot of non-academic areas as well. A lot of students are more inclined to get involved with sports, student government, clubs, etc., at a school like Rose-Hulman than a large university. Many students come into their own socially and as leaders at Rose.</p>
<p>I’ll say that in my own experience, my Rose education has given me everything I wanted of my college experience. I’ve enjoyed the interaction that I’ve had with professors and fellow students, and the environment has helped me to succeed academically. I’ve had two internships the last two summers with companies very respected in their fields, and I obtained both through the career services department here. I had several offers to choose from during my job search this year, and I ended up accepting a job that is a dream opportunity for me. I don’t know whether these opportunities would have been available for me had I gone to another school, but I would find it hard to believe that the unique environment here at Rose had nothing to do it.</p>
<p>Whether the value balance tips for or against Rose depends on your individual circumstances. I would definitely not recommend taking out $160,000 in loans for Rose-Hulman or any undergraduate education. That’s just too much of a burden to take on in an uncertain world. Is it worth $80,000? $20,000? Completely dependent on your individual situation, of course.</p>
<p>Your last paragraph is the one I ponder the most (Rose is expensive)
“Whether the value balance tips for or against Rose depends on your individual circumstances. I would definitely not recommend taking out $160,000 in loans for Rose-Hulman or any undergraduate education. That’s just too much of a burden to take on in an uncertain world. Is it worth $80,000? $20,000? Completely dependent on your individual situation, of course.”</p>
<p>@wtped64 - we are in similar situation. My son thinks that he will thrive in schools like RHIT, but also thinks he can a give a shot at mid sized schools. He personally prefers to go RHIT (is admitted already) if they offer good scholarship (their need based seems to be not so good) even over a full tuition he got from NEU and substantial scholarship from UIUC (effectively cost us <$28K). </p>
<p>Hopefully Rose would come close to that otherwise, however great fit it is, it may not be financially viable.</p>
<p>Personally, I think the stuff gobeavs said in the beginning was most important. The stuff about finding a school that is right for you. You will find the most success in education and the following career if you attend somewhere you feel fits you. </p>
<p>In his last paragraph, gobeaves was probably trying to say that a Rose education was valuable, but any education needs to be considered within the context of overall cost. </p>
<p>Take a look at the different schools you would consider. Then forecast the debt you’ll be in for each of them. Use an on-line debt payment calculator ([Direct</a> Loans?Calculators and Interest Rates](<a href=“http://www.direct.ed.gov/calc.html]Direct”>http://www.direct.ed.gov/calc.html)) to arrive at your approximate monthly and yearly debt burden.</p>
<p>Subtract that from the mean starting salaries in payscale to get a feel for your financial future.</p>
<p>IMHO, going into debt for a highly technical degree, like engineering, is a completely different situation than going into debt for a business or one of the liberal arts degrees. It is a reality of today that many will leave technical schools with six figures of debt. Going into that kind of debt for a business degree is lunacy. </p>
<p>Just a note: my daughter will be finishing her sophomore year and thanks to Rose’s excellent career fair already has a summer internship lined up that will pay her $17.00 an hour and give her some excellent engineering experience.</p>
<p>Man they do make it tough as they accept in FEB but dont give you the amount it will cost you to attend until mid-late March. I’m still waiting to see what it will actually cost.</p>
<p>This is a bit belated, but I’d like to add my $0.02 to this conversation. I’m not a student at Rose, but my best friend graduated with the class of 2012, so I have had ample opportunity to observe/study the school. If your child is passionate about his/her STEM field, Rose will almost certainly give the experience s/he wants: good practical facilities, excellent professors (not to mention strong English speakers, which I’ve come to recognize as something of a rarity at my own, large, research university), and true peers. </p>
<p>What truly makes me think that Rose is worth it, though, are my friend’s outcomes. As I said, he graduated in 2012; his degree is in computer science. His GPA was pretty lousy compared to that of his classmates, and he didn’t have the connections others had forged through professional societies, fraternities, etc. In spite of this, he managed to secure two solid summer internships, as well as interviews with high-profile companies that might have completely passed up his application if he came from a lesser school. Less than two weeks after graduation, he was hired as a software developer at a global firm with a salary of $60k. He’s now comfortably self-sufficient and making great progress toward paying back some hefty student loans. It was the superior education at Rose, as well as the respected name, that enabled him to get those positions. I am hesitant to say that the same would have been true of the other, albeit wonderful, tech schools to which he was admitted.</p>
<p>Is Rose a guarantee? Does it justify loans that equal your family’s total annual income? No, I should say not. No school provides a “yes” to those questions.</p>
<p>Is Rose the kind of school for which stretching finances a bit is worth it? Is it the kind of school that will establish loyalty on the part of its alumni? Is it the kind of school that truly earns its ranking? Yes. I would say all of those are absolutely true. </p>
<p>(As someone who was once playing the financial waiting game with Rose myself, I know the wait feels interminable-- best of luck to you, and I hope that your child ends up at a school that is a great fit)</p>