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College and University Discussion
Reply to "In State Scholarship vs Out of State Debt"
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[quote=Anonymous][quote=Anonymous]UMBC is the in-state, her dream school is Grinnel. She's also been accepted to a handful of more affordable schools. She plans on majoring in either economics or statistics (if offered where she ultimately attends) and minoring in philosophy. Her college savings cover one year of tuition and she has $15k a year in merit rewards. [/quote] I had a really good economics prof who is an adjunct at SAIS who I believe teaches full time at UMBC i believe. Economics as an undergrad study is interesting (and pretty easy for the most part), but as a vehicle to get a really sweet job right out of undergrad it is tied too much into school reputation. Statistics might be a bit more useful (i.e. teach hard skills). Grinnell is a good school, but it is disappointed they are not giving your daughter more given the fact that they have a top-10 in the nation ranking in endowment/student ratio (higher than half the ivy league). 3 options: 1. I would suggest for her to go to UMBC and since she'll stay in the balt-wash area, to really network hard during the year so she can leverage that into internships every summer so she'll be set up really nicely come graduation time. 2. Her other option of course is to call up grinnell and tell them what umbc is offering and see if they'll bump up the aid/merit money. 3. A compromise with her could be to tell her to go to umbc for a year or two...kick ass..i.e. rock a 3.7+, get involved, help out in some research in whatever she's intersted in and then put in transfer apps to Williams/Amherst/Pomona (if she is dying for a LAC feel). Those three get amazing recruiting from places that are more stuck up on 'elite' brands like the banks and strat consulting firms i mentioned...plus they have AWESOME alum networks. [/quote]
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