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College and University Discussion
Reply to "Graduating late from a good college vs graduating on time from a mediocre college?"
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[quote=Anonymous][quote=Anonymous]What makes the better school better? What makes the other school mediocre? US News’ ranking is not a valid answer. [/quote] This! But also, there is a long-term cost to graduating in an extra year that most people don't think about (and I am sure for many here isn't a big deal, but for our family it is huge): 1. Tuition increase (tuition will increase each year) but this is minor compared with 2. Earnings loss (that would be about $40-80K depending on the field over a lifetime) 3. Retirement loss (for that first year)[/quote]
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