Okay, so here is the update. I narrowed my list to about 4 schools. Purdue didn’t offer me any merit money and is 40k a year, but is offering me an option to use an Income Share Agreement at 5%. North Central is saying 22k a year, but can go down to 14k a year. Marquette is 28k a year, but that number can be cut in half. Illinois State I didn’t receive the financial aid letter yet. Any advice? I’m still looking into teaching but considering law as well.
Marquette at 14k. Good school and really good law school vibe/connection. And least expensive.
If you become a teacher being well prepared and with no debt would be ideal.
Marquette law has these interesting combo tracks as well. JD/MBA for sports management and JD/MS for bioethics and others for public policy etc.
And they have Big East basketball and good alumni network.
That would be my advice.
Thank you. What would you consider my next option if I can’t get it cut?
Wait to see what the final numbers are including I State. School experience and national reputations
Perdue Marquette NCSU/Illinois State.
Pricing Perdue. Out. Unless I am misunderstanding the income sharing agreement. Can you explain it me as you understand it?
Marquette for 6k more if you have it or can make it. Yes.
The other two whichever is less. Yes.
What does it mean that the $28K can be cut in half? Is that for sure? (And if so why didn’t you just quote it as $14K?)
And the 5% income-sharing agreement… what are the up-front costs if you go that route? And it would just be put on hold if you went into a grad/law program? If you’re likely to end up in a less-lucrative career path (i.e. teaching) then this might not be a bad deal… but you need to really crunch the numbers and see what the debt-equivalent is.
Ok
The cut and half is not guaranteed each year.
It would be put on pause if I don’t have a job.
What subjects would you be interested in teaching?
Spanish
Illinois State and Marquette would be my top choices then - good academics, good value, with a nod to Marquette.
Adding an ESL or bilingual education certificate (or a French minor/teaching certificate) would make you more employable.
okay why not North Central or Purdue?
@bubblytaco ISU is the gold standard for teaching in Illinois. You most likely will get money. I would call their financial aid department and let them know you need to make a decision soon. Once you get a decision you can negotiate a bit with them. I agree with Marquette also depending on price. North Central in Naperville doesn’t scream any speciality to me. I know a lot of their students since my office is close to there but students do like going there but huge commuter school also.
Purdue is very expensive and doesn’t scream teaching to me either. I agree with the above with ISU and Marquette. Save your money when you can. You might want to go to graduate school etc.
It’s great you have nice options.
ISU financial aid comes out March 1st
What else have you heard about North Central @Knowsstuff
@bubblytaco not sure what you mean. I have a medical office close to there and one of my employees goes to school there. I see students from there all the time time. The students tend to like the school overall.
So it’s a commuter school? Does it have a campus feel?
Please go on Facebook etc and talk with students. There are definitely students from all over. It is part of downtown Naperville, which is the largest city outside of Chicago and lots of stores etc to go to. Seems like everyone is doing study abroad.
I would connect with students to see if this is right for you or come up and visit the school. Kinda hard to judge a school that your interested in without visiting it, if you can you. Again, the students tend to like the school.
While my daughter loves Purdue Engineering, I think it’s is too expensive for an out-of-state teaching major.
@RichInPitt is she using the Income Share Agreement?