Business kid isn't going to be happy at a liberal arts school like Stanford anyway. He'll enjoy Emory more. |
You earn more or spend more savings. You need to make an extra $15k a year. That is doable with another PT job |
It's 240K for 4 years, that's like a top of the line Ferrari or a huge chunk of mortgage down payment that will help for life time. |
They said they can afford $55k a year |
Focus on all the job opportunities a Stanford grad would have, and less on the uber nonsense. Paying back $60k in loans would be quick. |
Emory costs 80k Stanford 320K That's 240k difference. At the start of the app process we told him we could do, with struggle, around 200k but now we would have to either add more or have him be 100+k in debt. It's not our fault these schools cost so much. |
It's not Stanford vs state school. Is Emory.... like give OP a break. |
It’s $240,000 difference, not $60,000. |
I see this is a challenging decision. Your kid should decide if they are willing to take on the debt. If it were me, I would. |
Emory of course |
Even Stanford is not worth that debt, send him to Emory. |
What about state shools? State flagships like UVA, UMD, UCB, UCLA, UMitch, UNC, UT, etc. are not any less than Emory. |
For which program? Chemistry would be a toss up. Nursing would be Emory. Etc
I think OP is more focused on the overall brand |
A kid as bright as yours will do great anywhere. Will get lots of opportunities at Emory to shine. Save the money!!!!! |
Just keep in mind you would also have to pay for travel to the west coast for holidays, etc. It all adds up. Palo Alto and ATL are VERY different places- has he visited both? I would not go to a school just for the name. Does not make financial sense, especially with an admit like Emory in your pocket. |