Syracuse Newhouse: worth the debt...?

<p>To anyone considering Newhouse, these statistics are impressive in a difficult job market. Note the large database of alums who have willingly signed up for networking.
<a href=“http://newhouse.syr.edu/Career_Development_Center/CDC_files/CDCemploy_stats_ugrad.pdf[/url]”>http://newhouse.syr.edu/Career_Development_Center/CDC_files/CDCemploy_stats_ugrad.pdf&lt;/a&gt;&lt;/p&gt;

<p>Yes, the employment percentage is impressive, but look at the average salaries.</p>

<p>Class of '06: $31,200
Class of '07: $32,312
Class of '08: $32,900
Class of '09: $29,913
Class of '10: $33,300</p>

<p>So the highest average monthly salary for recent Newhouse grads is $2,700. As I said, particularly at the entry-level, journalism is not a well-paid profession.</p>

<p>The minimum monthly payment on $100,000 in student loans is $1,150.</p>

<p>That means that if you get a job making the average of your peers, more than half of your after-tax salary will be spent on student loans. You’ll have less than $1,000 a month to spend on everything else - food, clothing, rent, entertainment, whatever.</p>

<p>I was accepted into the TRF graduate program at Newhouse. I turned down my offer mainly because the university was very expensive, not to mention the fact that grads can’t live on campus and apartment prices are extremely high. </p>

<p>Upon visiting, one thing they will cram down your threat, is the vast amount of connections you’d make at Syracuse. However the money, among other things was a determining factor in not going there.</p>

<p>Plus, don’t feel bad about not accepting the offer. University’s are at a different stage nowadays. Yes syracuse is prestigious, but they will take almost anyone who has the money to dish out and pay.</p>

<p>Honestly, I would say F&M, but it is up to you and both are great choices. The thing is F&M is still an amazing school- many are lucky to even get in, nevertheless get a generous offer. Regardless of what you major in, it will provide a solid education given that you are willing to work hard. My mother’s friend’s daughter has one more year left of F&M- they also gave her a great offer, in fact a better offer than many other schools had given her. She is currently doing an internship at UPenn. F&M is a tough school, but it is worth it- She had a 4.3 GPA when she graduated high school but once she got into F&M, she worked like crazy and it payed off. Just think about this: Do you really want to graduate college with a great amount of debt when you could go to another great college, get just as good of an education, and not have to worry so much about paying off loans?</p>

<p>Either way, you’ll end up in a fine institution anyway because they are both great schools.</p>

<p>i’m a syracuse alumni and the father of a high school senior. my advice would be to stay out of debt no matter where you choose to go. </p>

<p>be careful about “financial aid” that is in the form of a loan. Aid that you have to pay back at any point in the future is NOT aid… it’s a loan!</p>

<p>in today’s economy the internships and jobs (even unpaid jobs) you have during your college years often mean more than what school you go to.</p>

<p>While we’re comparing schools. I’m accepted at both in political science. Went to Pitt orientation and loved the kids. No such pre-orientation at SU. Love sports at both. Heard SU students can be a little full of themselves? Any input?</p>

My daughter was accepted to Newhouse and we are wondering if it is worth the cost. She received 6K Dean’s scholarship. Paying would be feasible with some sacrifices, but should we?? Elon, Penn State (in state), and Ohio U are her other (much more affordable) options. All have great programs. @amarawr & @journalism12 any input from your experiences would be greatly appreciated. Any others with Newhouse experience? Thank you!