<p>Did your father lose his job recently? If that’s the case, call the financial aid office at <em>each</em> college (except Baruch) and let them know about it. You’ll proably have to redo paperwork and they may re-evaluate aid.
I’d pick Emory over Villanova but right now we’re talking without the proper numbers. All we know is that you’ve ot the Baruch free ride and we don’t know the costs anywhere else.</p>
<p>Can you give us (tuition+ R&B) - (grants+scholarships) = ? for each school?</p>
<p>I am skeptical that you should take on this much debt, but here are the strategies I would use in making this decision.</p>
<p>First, go through all your offers and make a spreadsheet. Map out the expenses as well–some colleges will low-ball the costs of books and supplies, or airplane tickets etc. Also dig into each college’s website and figure out if they used the cheapest price for a dorm room and there is only one tiny little dorm with that rock bottom price? Or does the R&B number on your aid form match up with the housing department’s web page? Then you get to the big question: What are the best two offers, really? If you are looking at a $5k difference between these four favorites, that is $20k over 4 years’ time.</p>
<p>Second, there are two ways to lower the pricetag of a college education; Raise more income (whether it be loans or school grants, working two jobs, or whatever)… or Lower the costs. </p>
<p>Lowering Costs: You can’t change the tuition price, but you can choose not to do room and board. So if you want to attend one of these schools, are any of them in a city where you have relatives and could rent a bedroom? Or, after freshman year, you could try to be an RA. (Note that becoming an RA can be a competitive process and you need to be the right kind of person.) If you can’t do either of these, look at the apartment rental prices for all the campuses, and figure out which one would be cheapest if you move off campus (My guess is that Emory and Villanova would cost less to rent an apartment, but I haven’t researched this at all.)</p>
<p>Lowering costs 2: This is more nickel and diming, but you could possibly save a couple thousand a year by saving on all those other miscellaneous costs. Air travel, could you take the slow train or a Bolt bus? Are you organized enough to get your book list for next quarter early and order used online? Did the school allocate a bigger meal plan than you would realistically use and can you downgrade it?</p>
<p>Be strategic in your decision.</p>
<p>Consulting is what you do when you gain an expertise in something. You don’t major in consulting. I don’t want to say anything about finance possibilities because I flat out don’t know. I’ll ask. Risk management without the math is useless. Perhaps you can go on the business board on the forum and find out what the possibilities are with a finance degree. </p>
<p>Everyone I know in finance close to me focused on it when they got their MBAs. They were math/econ types for undergrad. Finance, I know has great possibilities with the foundation of math/ econ, etc, but as an undergrad, I don’t know. Marketing, gen business and psych are not good fields for finding high paying jobs easily. I would not say any major is a death sentence, but if you are looking for majors that have a high probability for above average wages and a high demand for grads in the fields, some courses of study are better than others. Sometimes by far. You need some hard stats in this matter, not just anecdotes. I know folks who do well and poorly in all kinds of scenarios on an anecdotal basis. But the rock hard stats, other that the facts that math type majors, STEM, health care fields, Accounting all have high probabilities of good job possibilities, I can’t tell you.</p>
<p>@MYOS1634</p>
<p>I will be posting the billed cost, not the COA including living expenses (which i will handle through work study/part time jobs) </p>
<p>Villanova: 58k (tuition + R/B) - (32k grant + 3k Work Study + 5500 Stafford) = ~18k remaining
Boston University: 61k (tuition + R/B) - (31.9k grant + 3k Perkins + 5500 Stafford + 2k Work Study) = ~19k
Northeastern University: 57k (tuition + R/B) - (31.4k grant + 5500 Stafford + 1k Perkins + 1.5k work study = ~20k
Macaulay: 12k (R/B)
Emory: Aid yet to be determined, expecting to find out in a few days
Fordham: Same situation ^ </p>
<p>I have crossed off OSU, Cuse, and my other safeties as the prices are similar but these are frankly much stronger programs</p>
<p>Can anyone explain how the perkins loan works btw, kinda’ve confused how it gets determined</p>
<p>Perkins Loans are student loans. They are subsidized loans meaning they do not accrue interest while you are in college. Perkins Loans have a nine month grace period after college before payment begins. </p>
<p>Perkins Loans have limited funding per college campus. They are awarded on a first come first served basis to lower income students at the college. </p>
<p>So…you could get a Perkins at some schools but not others.</p>
<p>I don’t think OP is talking about major in consulting, he is thinking about getting a consulting job upon graduation.<br>
This is what he wrote:
Consulting firms do hire UG students. They train those UG in house. I know a lot of people working at consulting firms without a MBA.
There are many areas within finance, like risk management, compliance, finance, operations. The regulators are putting more and more control on the banking industry, they need a lot of people to work in the area. Because those regulations are ever evolving, one can’t go to school to learn those things.<br>
My vote is to go to Emory, get a broad liberal arts education, do some internships and figure out what you would like to do. You will succeed if you could find a career which is suited to your personality, instead of just getting a job for best pay.</p>
<p>Thumper1 probably could address this better than me when it comes to FA. You may not be able to improve your out of pocket by lowering the cost or making more money. Your FA is calculated based on COA and your family EFC. I know my kid’s school will adjust your FA based on where you are living and what you are doing that semester. If you want to study abroad, they will raise your FA to meet the cost. If you move off campus and the cost is less, they will also adjust your FA down. If your family’s income should go up, your FA will also go down, same goes for outside scholarships.</p>
<p>Villanova
58k (tuition + R/B) - (32k grant + 3k Work Study + 5500 Stafford) = ~18k remaining
Your out of pocket is really 18k+5.5k+3k = 26.5k, not 18K. Same for other schools.</p>
<p>
</p>
<p>It’s possible to go into finance with a Baruch degree, but oldfort’s point that the odds are long is correct as you’d really have graduate from the very top of one’s class and excel in internships/relevant ECs. </p>
<p>To give you an idea, the ones I know who managed this later got their MBAs from HBS, Columbia, Wharton, etc. </p>
<p>
</p>
<p>And for management consulting, especially with high profile firms like BCG, you’ll need a reasonably high cumulative college GPA from an elite/respectable college they have recruiting relationships with*. </p>
<p>Of the schools on your list, only Emory seems to have that. </p>
<ul>
<li>While one can try applying from schools without such a recruiting relationship, odds are very slim according to a relative and a few family friends who worked for them right out of college.<br></li>
</ul>
<p>Thumper1,</p>
<p>Am I to be ashamed that my parents own a company and are paying my tuition? Well, I’m not. If there is one thing entrepreneurial parents teach their children, it is this. There is no free lunch! </p>
<p>I will spend many years repaying that debt with time and service and at reduced pay. It’s the same as entering college under an ROTC program. </p>
<p>Well Villanova is currently my top choice because I live in New York and the cost would be a bit cheaper travel wise than emory…but I really do think Emory is the best option for my future if i’m going to go into debt </p>
<p>Villanova is very good for business and finance. You’ll make valuable connections that are close to home. </p>
<p>Sparks…you are a high school senior. How do you know so much about these schools?</p>
<p>Large extended family. Many are Villanova grads(finance)…quite successful. I was accepted to Villanova, but have declined. I have very specific requirements for an engineering program.</p>
<p>@sparksflying did these people in your family have jobs by graduation? </p>
<p>Absolutely. Top firms in the NE.</p>
<p>Closetohome. I would strongly suggest you check the job placement and recruitment information at each of these colleges. See what recruiters come to the school. Inquire about where students do internships. Look for the %age of students who are employed and the average salary. </p>
<p>Closetohome:</p>
<p>I plan on earning an MBA at Villanova and hope to be married in the Cathedral. It is a very tight community. Good Luck with your decision.</p>
<p>
Are they using the company money to pay for your tuition? Would that be considered as an expense to the company? If so, they are paying 50% less than most of us.</p>
<p>For sure, when I visit each of the schools i will make a visit to the career center </p>
<p>Out of curiosity between Emory Villanova Northeastern and BU which would you guys recommend for my goals? </p>
<p>You may get more money from Emory. Let us know what you get, I am just curious.
I say Emory.</p>
<p>Poster Staceyneil suggested another student use this tool:
<a href=“Calculate Your Cost – BigFuture | College Board”>https://bigfuture.collegeboard.org/pay-for-college/loans/student-loan-calculator</a>
You can enter your loans, your expected salary (low would be 28k, average would be 34k, if you’re lucky 40k, so enter all figures to have average and extremes) and see how much you’d be paying back each month.</p>