Saving money or going to the school of my dreams??? HELP :(

Paying for College
1

<p>Ahhh! I am so distraught right now! I got into the school of my dreams (Northeastern) but they gave me no money!! Additionally though, they've put me into the nu-in program where I have to go overseas to study for the first semester because they wont have enough room in boston until the spring semester! So here is what im looking at:
A. go to northeastern, go to greece the first semester, pay $205,000 for 4 years.</p>

<p>B. go to community college first semester, reapply to northeastern in spring</p>

<p>C. go to unh first two years, transfer after my sophomore year to northeastern</p>

<p>D. go to unh for undergraduate, go to northeastern for graduate school</p>

<p>PLEASE GIVE ME INPUT! :( :( :(</p>

2

<p>I suppose the most obvious first question is do you have the money to pay for northeastern?</p>

3

<p>no, i would have to take out loans… :(</p>

4

<p>As mentioned above…</p>

<p>How much will your parents pay each year? If they cannot pay the $50k for NEU, then it’s not an option. </p>

<p>*go to community college first semester, reapply to northeastern in spring
*</p>

<p>??? What would be the point of that?</p>

<p>Go someplace where you can afford to go and then go to NEU for grad school.</p>

5

<p>Your parents will have to co sign or take out loans for that amount. Are they able and willing to do that? I think you had better have a talk with them as to what you can afford as a family.</p>

6

<p>Simply put: No. Do you realize how much $200,000 in loans really is?</p>

<p>[FinAid</a> | Calculators | Loan Calculator](<a href=“Your Guide for College Financial Aid - Finaid”>Loan Payment Calculator - Finaid)</p>

<p>You’d be paying $2,500 a month for the next ten years, or a total of more than $300,000.</p>

7

<p>A is not an option. I would choose option D if you and your parents can afford it.</p>