So we are struggling with decision time. Daughter admitted to USC and Belmont as well as many others (UNC-CH, Washington and Lee, Santa Clara, Furman, Pepperdine, Univ of San Diego, Rollins). She was mostly undecided until discovering USC’s Annenberg school and the music industry minor in Thornton. She applied at the last minute with not much discussion and I just didn’t expect her to get in. No merit or aid because after the deadline and we are full pay. They just announced a tuition increase so full COA is $85,000. We went to Admitted Students Day partly because it worked with our schedule to combine it with other AS days. I kinda hoped and thought she would get it out of her system - I didn’t expect she’d like LA life or the size of the school, but she absolutely loved it. And I have to admit, I had tears in my eyes listening to an alumnus speak who is literally living my daughter’s dream. BUT, can a student walk out of Belmont’s music business program, for example, or just a strong standard business/communications program at a solid institution and pave the same path? Or is the USC network truly that much stronger? Would she enter the workforce at a higher starting point, have more opportunities with that diploma down the line, etc.? Here are the costs of other options:
Santa Clara - $64k (is a finalist for Johnson Scholarship and have submitted merit appeal- can’t understand only $14k in merit but be a finalist for one of only five full rides?). In honors program which seems to have a lot of advantages and opportunities.
Furman - $36k, in scholars program
Rollins College - $41k, in honors program and auto admit to accelerated MBA
Univ. of San Diego - currently full price at $73k + but waiting on appeal.
Belmont - $43k, applied after bigger scholarship and honors deadline
Pepperdine- we REALLY wanted to like it but went for AS day/tour and it’s a no.
She would like to be in California and feels that the location is a huge advantage for her career goals. I had her throw in an app to Belmont last-minute after she got so excited about USC’s program, but she doesn’t love Nashville. She’s not interested in UNC-CH and W&L was too remote and admitted student body too homogenous. Rollins is in a nice location but it’s just not nearly as academic as far as I can tell. I really like what Furman has to offer, but it doesn’t really excite her and she’d just have to study a pretty standard business admin/communications program.
She would consider going somewhere and then transferring into USC to save money, but I hate to go in someplace with that attitude, and of course there’s no guarantee of admission.
Can we afford $85k? Tricky question. She has about $200k in her 529. If we sold some unnecessary crap (boat that we haven’t used in two years, for example) I take on a part-time job (totally do-able) and my husband keeps his job for the next four years, yes we could make it happen. There’s no guarantee, due to health issues, that he will remain employed. If he lost his work we’ve been told we still may not qualify for aid due to assets, but those assets would have to support us for the next 40 or so years, so…
Bottom line: what is the value of USC and in being in LA for someone who wants to work in marketing/p.r./talent management etc.? What are your thoughts on her options?