Hey guys;
The title of this post is somewhat deceiving, as my dilemma is not simply a consideration of the merits of each university, as Stanford is the unequivocal winner.
It’s finances. Essentially, I’ve been admitted to both, under REA and EA respectively, but my family’s financial situation is what has kept me from committing to Stanford.
My parents won’t (and to a certain extent, can’t) contribute to my college education, and so I am left in the unfortunate circumstance of swallowing the bitter pill of the sticker price for both universities. We qualify for no financial aid.
Here are my options:
If I wanted to attend Stanford, I could either assume the entire cost of attendance as a loan, or I can go through ROTC. The ROTC route entails that I am forced into a technical major (in my case, chemistry) and a four year service commitment upon graduation. It should be obvious why I’m hesitant to commit to the second option, as while my interests right now are in the premedical track, that could completely change. And I’m concerned about hinging my future happiness on my interests in high school, which could drastically change, especially in light of my diverse academic interests.
For Boulder, I have two options. Firstly, I have almost a full ride just in merit, and I would have the complete freedom to pursue whatever major I wanted. Secondly, I am a semifinalist for the Boettcher scholarship, which awards a full ride to any university in Colorado, including the promise of research grants and networking benefits. I’m not planning on winning the scholarship (so as to not put the cart in front of the horse), but it’s something to consider.
As a final thought, many have told me that it is preferable to be a large fish in a small pond (Boulder) than to be an average fish in a large pond (Stanford). They may be right, but my happiness, from my perspective, isn’t at all predicated on my being at the top of my class.
So, I welcome any and all input you can offer. In particular, I’d love to hear the perspective of someone that elected the expensive option, and whether it has resulted in a good return on investment.