<p>$100,000??? No way, not worth it. About the only way you could justify that was by going to a real 'name' school like Harvard, Yale, Princeton, etc. You might be $100,000 in debt, but you still went to Harvard.</p>
<p>dsmo, I don't think any "name" school is worth 100K in debt. Michigan may be worth 30K or 40K, Harvard may be worth 50K or 60K, but no university is worth 100K.</p>
<p>Tushar707:
She was an English major. Her beginning salary was $38,000 as a personal assistant to the anchor of "Inside Edition." She worked there 2 years and is now finishing her first year of law school at St. John's in NY and working for CBS in the Trademark department part time.</p>
<p>I think you also need to take into account how that kind of debt burden will affect your decisions after graduation. I'm most likely graduating after 3 years, and I'm hopefully headed to Teach for America, or perhaps one of the legislative fellowship programs in the Illinois legislature. My point; neither of those options pay big bucks...which is ok by me because, at best, I'll only have 3-4K in debt to pay off. No biggie. If i had 100K, I'd be busting my butt to get a high paying business job straight out, which isn't really what I want to do with my life right now.</p>
<p>UMich gave me around 9k in grants for the 2006-2007 school year.
i ended up having to take over 30k in loans for just ONE year.</p>
<p>at the beginning of the year, i thought it would be worth it because i was in the BBA program. but as this year comes to a close, it definitely wasn't worth it.</p>
<p>100K is a huge amount. Forgiven, your parents aren't paying a penny toward your education?</p>
<p>People have got to remember that you are essentially buying a house when you get into those kinds of figures...just to put it in perspective.</p>
<p>Hey "forgiven",</p>
<p>I've been accepted to the BBA program for the class of 2011 and I'm deciding whether I should attend.
The 4 years will cost me about 80k total. </p>
<p>My other option is University of Miami where I got a full scholarship. </p>
<p>I was just wondering how you like UMich and what are the internship opportunities for a first year BBA Finance student. Also, do you know what the job outlook is after graduation?</p>
<p>I like UMich but 80k seems kind of a lot for undergrad.</p>
<p>Thanks for your advice!</p>
<p>boca_raton, attending Michigan will cost you 80K? Do you mean that the cost to your familly will be 80K or that on top of what your family can afford, you will have to take out an 80K debt?</p>
<p>yeah, my family can't afford to pay any of it.</p>
<p>boca_raton, would you be 80k in debt when you graduate? if so, i would go to UMiami for free.</p>
<p>the job outlook is amazing for internships and post-grad, as for all top UG business schools. the only thing is that you'll have to work EXTRA hard to get those top jobs and internships because the ross student body is so smart and competitive. i'd probably say that if you can pull a 3.4 at ross, you can pull a 3.9 with ease at UMiami.</p>
<p>To go to UMich it will cost me a total of 80k. Loans will be about 30k, with the rest coming from work-study, parents contributions, etc. </p>
<p>Still... that's a down-payment for a decent house in Miami, lol. </p>
<p>I'm leaning more towards UMiami these days. UMiami will give me credit for all the AP classes I've done (about 50 college credits), etc. so I could graduate in 2 1/2 to 3 years and enjoy a very laid back life. Then I can use the rest of the time to go to a top MBA program a couple years down the line. </p>
<p>UMich on the other hand will acknowledge the credits, but I still have to graduate with the class of 2011. </p>
<p>My reasoning is that UMiami has plenty of surrounding financial institutions where I can get a good job afterwards and it's better to invest the 80k in a good MBA program then in a somewhat better undergrad school. </p>
<p>Do you think I'm correct believeing that?</p>
<p>Good lord it's not worth it, unless it's for med/law school. I'm out of state and I love UMich, but I still cringe at the tuition costs. Had I done it again, I probably would have stayed in-state (Virginia) and gone to UMich or Stanford for a Master's. Even though my parents pay most of it, I don't think I could stomach a more expensive school for a graduate degree. It's just been too much money already.</p>