Talk to me about DEBT (and those FinAid packages that just didn't come through...)

<p>I've heard some pretty impressive numbers thrown around, particularly during Cornell Days, and I'm looking for a little verification on them before I sink myself deep into the debtor's pool. The girl who took me on my engineering tour told me of summer internship opportunities that abound and "the average 12-week summer internship is about $20,000, I'd say $15,000 is on the low end". She also said, "the low-end average salary for a Cornell Engineering graduate is $60,000". She was also, however, a Cornell Commitment person (I don't recall which one, the research one, whichever that's called); is that inflating the numbers she gave, or is there hope for those who aren't Cornell Commitment?</p>

<p>I'm looking for some responses from kids who decided it was worth it (or not worth it) to go into debt to go to school. Where was your breaking point (10k, 50k, 100k, more?) and why?</p>

<p>Funny, I was reading another cornell thread and the students were talking about how none of them (freshman) could get internships.</p>

<p>What's a Cornell Committment person?</p>

<p>"Funny, I was reading another cornell thread and the students were talking about how none of them (freshman) could get internships."</p>

<p>I'd certainly hope freshmen can't get internships. You do internships your junior year, anything else really isn't an internship.</p>

<p><a href="http://www.commitment.cornell.edu/tradition/pdfs/application.pdf%5B/url%5D"&gt;http://www.commitment.cornell.edu/tradition/pdfs/application.pdf&lt;/a&gt;&lt;/p>

<p>psquared...looked on the cornell sight and found interesting info. on cornell committment etc. You may want to read in full about these programs. </p>

<p>Cornell has special programs to give its best/hardworking students extra perks. I can only imagine the competition for these slots is intense. Check them out thoroughly before you make a decision based on those inflated #'s.</p>

<p>Go to the thread on Cornell Committment - there are three programs that offer extra aid and internship grants - the Committment scholars are chosed by committees from the applicant pool - you do not apply - info on the progrmas was sent with or right before the acceptance packet</p>

<p>No, I understand how the committment program works. The question is about the availabillity of summer work, particularly the high-paying kind. I happened to stay with a committment guy and my tour guide was commmittment as well. Both of them told me about how easy it was to get a summer intership (or perhaps they meant job) that pays $15,000 easily, perhaps $20,000. My question is whether those kind of figures are realisitic for the average Cornell student, or are there special programs that these kids get?</p>

<p>Stately simply -- Were I to go to Cornell, could I expect to make $20,000 every summer? That's what I was told, and it sounds unbelievable.</p>

<p>can you apply for cornell commitment after you enroll?</p>

<p><a href="http://www.commitment.cornell.edu/default.php%5B/url%5D"&gt;http://www.commitment.cornell.edu/default.php&lt;/a&gt;&lt;/p>

<p>yes, you can. Check them out.</p>

<p>I think the internships were $20 per hour versus $15 per hour, not $20,000 for the summer</p>

<p>$15-20 per hour is more like it. </p>

<p>Even my friends at the big ibanks wont get $20K per summer. On top of that, it usually only for junior internships that the pay is really well. The expectation for freshmen and sophomores if you can get a co-op should be around $5-8,000 per summer, though that's even a strech. </p>

<p>"could I expect to make $20,000 every summer?"</p>

<p>no. maybe one summer, but that'd be rare and you'd have to be at the top of your class with perfect interviewing skills. </p>

<p>though, this comes with a disclaimer as I'm not in engineering, though I do know a bunch of engineers and I've never heard of this type of pay for freshmen.</p>

<p>I've only heard of Google that comes close to that amount. I know someone doing Microsoft who's only getting like 5-6k; I'm doing government funded research and getting about 7k.</p>

<p>I'd work at microsoft for free. It's microsoft, that on a resume alone is worth thousands.</p>

<p>I got offered a summer internship for about 18 an hour...they really base pay on how much education you have/how qualified you are, so you're going to have to be REALLY lucky to find an internship that pays 20,000 every semester. Maybe if you did the co-op program you could get close to 20,000 between that fall and the next summer combined.</p>

<p>the thing is, although I'm making "only" about $800 a week with my inernship, this is still WAY more than any of my friends at other colleges that have nailed some internships. I'm somehow their envy yet I know some here at Cornell that are making quite a bit more than I am. </p>

<p>It's a perk of the Cornell name.</p>