Hello there Everyone,
I recently got accepted as a transfer to LSA for Umich Ann Arbor, I have also applied for a minor in business administration at the Ross Business School.
As an out of state standing Junior, it will cost me nearly 100,000+ Dollars considering I am planning on off-campus residency.
I have also received admission to Harvard’s undergraduate degree in liberal arts at Harvard Extension School ( total cost estimated to be: 30000).
Comparing the cost, Brand, degree value of the two programs.
Umich Ann Arbor: Original Full-time student degree
Considering that I will have a minor at the Ross Business school, it will be quite formidable.
Cost: 100000+
Harvard Extension, Undergraduate Liberal Arts, Computer Science Major and Economics, Government Minor.
Cost: 300000
Value: Essentially a “Harvard University” graduate but NOT a “Harvard College” graduate.
Harvard University is collective: Harvard college, Business school, Kennedy School, Extension school, Medical school, etc.
( Not my words, but the words of the Harvard Admissions Senior Counselor).
The reason why this pulls me is maybe due to my personality,
I strongly believe that University does not guaranty success and it actually opens doors and opportunities. I never depended on college for my academic/professional achievements but on my ability and hard work.
If I am going to Umich, I would have to study full time and that would be the opportunity cost of actually doing many internships, working on building my tech startups, online businesses and brands while at Harvard( mostly possible due to it being a part-time work undergraduate degree).
My father is strongly pointing to the point that I should not give up Umich for an “unofficial degree”, even though it is costly: he insists he can pay for it: debt free. I highly retaliate this thought as I have confidence in my beliefs and moreover have confidence in my abilities, not believing, but knowing that I can succeed on my own and need not spend that much money for a degree which mainly has a high literal and a greater opportunity cost.
Moreover, the way we study is changing, more universities have recognized this and established low cost competitive online/part-time undergraduate degree programs which are rather optimal cause people are now recognizing how companies are selecting their employees(Example that an undergraduate degree is no longer an indirect example of success, even though it shows resilience in academic fortitude).Entrepreneurship needs no degree, but mere competence and the stress of the point that this generation of students which are realizing the uncountable opportunities which technology, social media, online business, the rapid generalization of mobile, internet and the advent of new technologies and opportunities booming every day.(online influencers, online businesses, AI, technology-business integration, etc).
My estimate: MOOCs, Online full time, part time degrees will become more common and maybe even more preferably within a few years(depends).
What would you suggest on this intake of mine? I value your opinion, insights, and comments.
Thank you.