Anonymous
04/20/2017 00:16
Subject: Boston U full scholarship vs. Yale full price
OP this is actually a very helpful thread. Another thing no one is mentioning when you pile up all that debt while planning to pay it off with a high paying specialty-- those specialities (ortho, radiology, dermatology, neurology, etc) are VERY competitive. So after med school, Yale, internship, $500k debt, the doc next to you is some kind of machine/ genius/ workaholic and beats you out for a spot in the high paying specialties. All kinds of very tough and smart competitors come from many different schools. You can get shut out. There are highly paid docs all over DC with double Ivy degrees but many of them come from wealthy families who paid a large portion of that expense.
Anonymous
04/20/2017 00:00
Subject: Re:Boston U full scholarship vs. Yale full price
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I had a similar choice years ago. Princeton vs Uva (virtually full ride). I chose Uva because of no loans and my parents could not afford to pay much for my college. After Uva, I ended up at at Harvard medical school and top residencies afterwards. So going to Uva did not hurt my career and I had no debt until medical school.
However:
1. At least 80 percent of my medical school class came from top 15 universities and top 5 LACs. So undergraduate prestige is not essential, but certainly helps at top medical schools.
2. Over the years, even though I have had a successful medical career, I still wish we had the money to make Princeton work.
IMO, if you can make it work financially, I would choose Yale for my child. Congratulations and best wishes.
Well, UVA is much, much, much better than BU.
Not really.
Acrually ut is. Are those her only options.?
Other options are UMDCP in state, Notre dame full price, Tufts full price, Haverford full price.
Anonymous
04/19/2017 23:59
Subject: Re:Boston U full scholarship vs. Yale full price
http://whitecoatinvestor.com/is-medical-school-still-affordable/
1) I chose an inexpensive undergraduate school. When was the last time someone asked what undergraduate school you attended? My patients don’t even care where I went to residency, much less any of the previous steps. Now I’m no dummy, I’ve served on a medical school admissions committee. I know those committees are more impressed with a Princeton grad than a degree from Podunk State. But a 3.9 is a 3.9. I was generally more impressed with a 3.7 from a decent state university than a 3.1 from a prestigious university.
Now, you can probably argue that the education is better at Brown University ($40K per year) than at the University of Texas ($10K per year.) But four times better? Hardly. My particular undergraduate institution, consistently ranked in the top 100 (and occasionally top 50) has a current tuition charge of less than $5000 per year. Many graduates go on to prestigious medical schools all over the country.
2) I went to an undergraduate school where I received a scholarship. If you’re smart enough to become a doctor, you ought to be smart enough to get scholarships. Not only does an academic scholarship help you keep your debt load down, but it also forces you to keep your grades up, not a bad thing for a pre-med.
1) I chose an inexpensive undergraduate school. When was the last time someone asked what undergraduate school you attended? My patients don’t even care where I went to residency, much less any of the previous steps. Now I’m no dummy, I’ve served on a medical school admissions committee. I know those committees are more impressed with a Princeton grad than a degree from Podunk State. But a 3.9 is a 3.9. I was generally more impressed with a 3.7 from a decent state university than a 3.1 from a prestigious university.
Now, you can probably argue that the education is better at Brown University ($40K per year) than at the University of Texas ($10K per year.) But four times better? Hardly. My particular undergraduate institution, consistently ranked in the top 100 (and occasionally top 50) has a current tuition charge of less than $5000 per year. Many graduates go on to prestigious medical schools all over the country.
2) I went to an undergraduate school where I received a scholarship. If you’re smart enough to become a doctor, you ought to be smart enough to get scholarships. Not only does an academic scholarship help you keep your debt load down, but it also forces you to keep your grades up, not a bad thing for a pre-med.
Anonymous
04/19/2017 23:56
Subject: Boston U full scholarship vs. Yale full price
Negotiate aid with Yale. They have tons of money.
And regardless go to Yale. Opens tons of doors.
And regardless go to Yale. Opens tons of doors.
Anonymous
04/19/2017 23:40
Subject: Boston U full scholarship vs. Yale full price
Here's a list of the undergraduate schools attended by the residents at various prestigious institutions.
Johns Hopkins neurosurgery:
Yale, University of Florida, University of Illinois, Instituto Tecnologico y de Estudios Superiores de Monterrey, Campus Saltillo, Yale, NYU, Wake Forest, Stanford, Miami University of Ohio, Barnard, UT Austin, University of Utah, Johns Hopkins (2), CUNY Queens, University of Athens School of Health Sciences, Harvard (2), UNC Chapel Hill, INS Serrallarga, Brown http://www.hopkinsmedicine.org/neurology_neurosurgery/education/residencies/neurosurgery_residency/current_residents/
Stanford OBGYN:
Penn, Texas A &M, Georgetown, U of Southern California (2), Duke, Stanford (2), Yale (2), Williams, University of New Mexico, UC-Berkeley (2), University of Illinois at Chicago, Queens University, Cornell, Johns Hopkins, UCLA
http://obgyn.stanford.edu/education/residency/roster.html
Stanford Emergency Medicine:
Franklin and Marshall, UC-Berkeley (2), Southern Illinois University-Edwardsville, Brigham Young University, Harvard, Adelphi University, University of Vermont, University of Southern California, Whitman College, UT-Austin, Temple, Notre Dame (2), UC-Davis (2), La Sierra University, Princeton (3), University of Utah, Stanford, Williams, UCLA (3), Harvey Mudd, NYU, UVA (2)QQ, San Francisco State, Millsaps College, Oklahoma State, Air Force Academy, Smith, Michigan State, UC-Santa Barbara, University of Toronto, Boston University, Dartmouth, University of New Mexico, University of Nevada Reno, University of Washington
http://obgyn.stanford.edu/education/residency/roster.html
Stanford Ophthalmology:
Duke, Northwestern, UC-Berkeley (2), Penn, MIT (2), Vanderbilt, Harvard, Boston University
http://ophthalmology.stanford.edu/education/residency_current.html
NYU OBGYN:
Cornell, Wesleyan, Boston University (2), Brown, NYU (3), Wake Forest, Tokyo Institute of Technology, Wake Forest, UMass, Yale (2), University of Washington, Tufts, Columbia (2), Queen's University, Georgetown, University of Michigan
https://med.nyu.edu/obgyn/educational-programs/residency-program/meet-our-current-residents
Penn Orthopaedics:
Penn (4), University of Richmond, UCLA, UC-Santa Barbara, Notre Dame (2), University of South Carolina, University of Delaware, Harvard (2), UConn, University of Missouri-Kansas, Boston College (2), UMass, Brigham Young, Cornell, Northwestern (4), Rice, Duke, University of Rochester, University of Wisconsin, Bryn Mawr, William and Mary, Providence College, Michigan State, University of Southern California, Rutgers, Emory, Creighton, Colgate, The College of New Jersey, Pitzer, University of Leicester, North Carolina State
https://www.pennmedicine.org/departments-and-centers/orthopaedic-surgery/education-and-training/residency/current-residents
Yale orthopaedics:
Hamilton, Columbia, Air Force Academy, Yale, Colorado State, Duke, Cornell (2), University of Massachusetts Boston, Brigham Young, Princeton (2), University of New Mexico, Ohio State, SUNY Albany, JMU, Emory, Illinois Institute of Technology, Barnard College, Wheaton College of Illinois
https://medicine.yale.edu/ortho/education/residents.aspx#page4
Duke General Surgery:
Duke (3), Yale, Columbia, Pomona, University of Michigan, John Carroll University, University of Kansas, Rice, Florida Atlantic University, Johns Hopkins (2) , University of Washington, Georgetown, University of Chicago, Boston College, Stanford (3), Emory, Vanderbilt, Penn State, Butler, WUSTL, University of Wisconsin (2), MIT, Kalamazoo College, Clemson, Carnegie Mellon, Harvard, UNC-Chapel Hill, Union College, Omdurman Islamic University, UVA, Haverford, Rollins College, Indiana University,
https://neurosurgery.duke.edu/education-and-training/neurosurgery-residency/current-residents
Yale Neurosurgery:
University of Michigan, Biola University, Johns Hopkins (3), Cornell, University of British Columbia, University of Bridgeport, WUSTL, UC-Berkeley, Harvard (2)
https://medicine.yale.edu/neurosurgery/education/residents.aspx
Yale Plastic Surgery:
NYU (2), University of Georgia, Johns Hopkins, University of Mississippi, Bates, Harvard, Denison, RPI, Case Western, University of MIchigan, Queens University
https://medicine.yale.edu/surgery/plastics/education/residents.aspx#page8
Johns Hopkins neurosurgery:
Yale, University of Florida, University of Illinois, Instituto Tecnologico y de Estudios Superiores de Monterrey, Campus Saltillo, Yale, NYU, Wake Forest, Stanford, Miami University of Ohio, Barnard, UT Austin, University of Utah, Johns Hopkins (2), CUNY Queens, University of Athens School of Health Sciences, Harvard (2), UNC Chapel Hill, INS Serrallarga, Brown http://www.hopkinsmedicine.org/neurology_neurosurgery/education/residencies/neurosurgery_residency/current_residents/
Stanford OBGYN:
Penn, Texas A &M, Georgetown, U of Southern California (2), Duke, Stanford (2), Yale (2), Williams, University of New Mexico, UC-Berkeley (2), University of Illinois at Chicago, Queens University, Cornell, Johns Hopkins, UCLA
http://obgyn.stanford.edu/education/residency/roster.html
Stanford Emergency Medicine:
Franklin and Marshall, UC-Berkeley (2), Southern Illinois University-Edwardsville, Brigham Young University, Harvard, Adelphi University, University of Vermont, University of Southern California, Whitman College, UT-Austin, Temple, Notre Dame (2), UC-Davis (2), La Sierra University, Princeton (3), University of Utah, Stanford, Williams, UCLA (3), Harvey Mudd, NYU, UVA (2)QQ, San Francisco State, Millsaps College, Oklahoma State, Air Force Academy, Smith, Michigan State, UC-Santa Barbara, University of Toronto, Boston University, Dartmouth, University of New Mexico, University of Nevada Reno, University of Washington
http://obgyn.stanford.edu/education/residency/roster.html
Stanford Ophthalmology:
Duke, Northwestern, UC-Berkeley (2), Penn, MIT (2), Vanderbilt, Harvard, Boston University
http://ophthalmology.stanford.edu/education/residency_current.html
NYU OBGYN:
Cornell, Wesleyan, Boston University (2), Brown, NYU (3), Wake Forest, Tokyo Institute of Technology, Wake Forest, UMass, Yale (2), University of Washington, Tufts, Columbia (2), Queen's University, Georgetown, University of Michigan
https://med.nyu.edu/obgyn/educational-programs/residency-program/meet-our-current-residents
Penn Orthopaedics:
Penn (4), University of Richmond, UCLA, UC-Santa Barbara, Notre Dame (2), University of South Carolina, University of Delaware, Harvard (2), UConn, University of Missouri-Kansas, Boston College (2), UMass, Brigham Young, Cornell, Northwestern (4), Rice, Duke, University of Rochester, University of Wisconsin, Bryn Mawr, William and Mary, Providence College, Michigan State, University of Southern California, Rutgers, Emory, Creighton, Colgate, The College of New Jersey, Pitzer, University of Leicester, North Carolina State
https://www.pennmedicine.org/departments-and-centers/orthopaedic-surgery/education-and-training/residency/current-residents
Yale orthopaedics:
Hamilton, Columbia, Air Force Academy, Yale, Colorado State, Duke, Cornell (2), University of Massachusetts Boston, Brigham Young, Princeton (2), University of New Mexico, Ohio State, SUNY Albany, JMU, Emory, Illinois Institute of Technology, Barnard College, Wheaton College of Illinois
https://medicine.yale.edu/ortho/education/residents.aspx#page4
Duke General Surgery:
Duke (3), Yale, Columbia, Pomona, University of Michigan, John Carroll University, University of Kansas, Rice, Florida Atlantic University, Johns Hopkins (2) , University of Washington, Georgetown, University of Chicago, Boston College, Stanford (3), Emory, Vanderbilt, Penn State, Butler, WUSTL, University of Wisconsin (2), MIT, Kalamazoo College, Clemson, Carnegie Mellon, Harvard, UNC-Chapel Hill, Union College, Omdurman Islamic University, UVA, Haverford, Rollins College, Indiana University,
https://neurosurgery.duke.edu/education-and-training/neurosurgery-residency/current-residents
Yale Neurosurgery:
University of Michigan, Biola University, Johns Hopkins (3), Cornell, University of British Columbia, University of Bridgeport, WUSTL, UC-Berkeley, Harvard (2)
https://medicine.yale.edu/neurosurgery/education/residents.aspx
Yale Plastic Surgery:
NYU (2), University of Georgia, Johns Hopkins, University of Mississippi, Bates, Harvard, Denison, RPI, Case Western, University of MIchigan, Queens University
https://medicine.yale.edu/surgery/plastics/education/residents.aspx#page8
Anonymous
04/19/2017 23:37
Subject: Boston U full scholarship vs. Yale full price
Anonymous wrote:Anonymous wrote:Anonymous wrote:Yale without question. There's no way a kid that worked their ass off for Yale is going to be happy about BU. And if you're full pay at Yale you're rich. Stop being stingy.
That is not necessarily true at all. I don't think anyone gets financial aid at ivies with a family income of over about $220,000 or so -- at least I read that somewhere. Do the math --that would be a huge sacrifice -- and what if there is another kid in route?
Thank you. Yes, we will have another heading to college in 2 years so we need to account for that as well.
When your second child attends, Yale will give you financial aid due to the changed family situation. I second those saying to recontact Yale. They are known for having the best need-aid policy out there. If Yale is truly going to be a burden for you to pay, something is off. We had aid packages from a lot of Yale's peers and Yale gave nearly 20000 compared to 0 at most of the other places.
Anonymous
04/19/2017 23:37
Subject: Re:Boston U full scholarship vs. Yale full price
Here's a blog post from a successful ER doctor..who did not go to an ivy league. If your DD really wants to be a doctor she'll be wise to take note.
http://whitecoatinvestor.com/get-out-of-undergrad-without-debt/
"Imagine a $20K loan you take out at age 18. Let’s say you matriculate to medical school at 24, graduate at 28, finish residency at 31, and finish fellowship at 34. At 6.8%, that loans is now $57K. Multiply that by 4, 5, or even 6 depending on how many years it takes to finish undergraduate school. Now imagine if the student was borrowing more each year, perhaps $30K, $40K, or even $50K. Just the tuition at Ivy League schools now averages about $40K. Now tack on medical school expenses. I’ve had advisors tell me that they’ve already seen student loan debts in the $600K-700K range. It’s easy to see where that comes from. Take an expensive undergraduate education, add on an expensive medical school education, let compounding work it’s magic for a few years, and voila….$700K."
It’s really hard to avoid debt in medical school. The tuition is so high, most families can’t afford to cover much of the cost. There are precious few scholarships, and the programs that trade time for money (military, public health, MD/PhD) are unattractive to the vast majority. There is little time to work during the year, and you really only get one very short summer off. Unless you are lucky enough to have a high-earning spouse, or fairly well-to-do parents, you’re not going to get out of medical school these days with less than $100-200K in debt. Many medical students will easily be in the $300-400K range. There isn’t a lot you can do about it. Choosing the cheapest school you can get in to is probably the most important thing.
http://whitecoatinvestor.com/get-out-of-undergrad-without-debt/
"Imagine a $20K loan you take out at age 18. Let’s say you matriculate to medical school at 24, graduate at 28, finish residency at 31, and finish fellowship at 34. At 6.8%, that loans is now $57K. Multiply that by 4, 5, or even 6 depending on how many years it takes to finish undergraduate school. Now imagine if the student was borrowing more each year, perhaps $30K, $40K, or even $50K. Just the tuition at Ivy League schools now averages about $40K. Now tack on medical school expenses. I’ve had advisors tell me that they’ve already seen student loan debts in the $600K-700K range. It’s easy to see where that comes from. Take an expensive undergraduate education, add on an expensive medical school education, let compounding work it’s magic for a few years, and voila….$700K."
It’s really hard to avoid debt in medical school. The tuition is so high, most families can’t afford to cover much of the cost. There are precious few scholarships, and the programs that trade time for money (military, public health, MD/PhD) are unattractive to the vast majority. There is little time to work during the year, and you really only get one very short summer off. Unless you are lucky enough to have a high-earning spouse, or fairly well-to-do parents, you’re not going to get out of medical school these days with less than $100-200K in debt. Many medical students will easily be in the $300-400K range. There isn’t a lot you can do about it. Choosing the cheapest school you can get in to is probably the most important thing.
Anonymous
04/19/2017 23:35
Subject: Re:Boston U full scholarship vs. Yale full price
Anonymous wrote:Anonymous wrote:Anonymous wrote:I had a similar choice years ago. Princeton vs Uva (virtually full ride). I chose Uva because of no loans and my parents could not afford to pay much for my college. After Uva, I ended up at at Harvard medical school and top residencies afterwards. So going to Uva did not hurt my career and I had no debt until medical school.
However:
1. At least 80 percent of my medical school class came from top 15 universities and top 5 LACs. So undergraduate prestige is not essential, but certainly helps at top medical schools.
2. Over the years, even though I have had a successful medical career, I still wish we had the money to make Princeton work.
IMO, if you can make it work financially, I would choose Yale for my child. Congratulations and best wishes.
Well, UVA is much, much, much better than BU.
Not really.
Acrually ut is. Are those her only options.?
Anonymous
04/19/2017 23:35
Subject: Boston U full scholarship vs. Yale full price
Anonymous wrote:Anonymous wrote:Anonymous wrote:I came across this website that claims that 75% of the med school admits in top med schools came from one of the 20 schools listed here. Similar info for phD, MBA and law programs.
FWIW..
Here's the link. Didn't post last time - https://www.collegetransitions.com/blog/category/infographics/
You didn't read it right. It says only 14% went to "extremely selective schools" like Yale and the other 19 represented. 60% come from the "most selective schools", which would include Boston U. You don't need to go to the best school possible to go to the top med school.
whoops, never mind, ignore- I misread. BU is in "Very Selective": https://www.collegetransitions.com/college-selectivity
Anonymous
04/19/2017 23:32
Subject: Boston U full scholarship vs. Yale full price
Anonymous wrote:Anonymous wrote:I came across this website that claims that 75% of the med school admits in top med schools came from one of the 20 schools listed here. Similar info for phD, MBA and law programs.
FWIW..
Here's the link. Didn't post last time - https://www.collegetransitions.com/blog/category/infographics/
You didn't read it right. It says only 14% went to "extremely selective schools" like Yale and the other 19 represented. 60% come from the "most selective schools", which would include Boston U. You don't need to go to the best school possible to go to the top med school.
Anonymous
04/19/2017 22:40
Subject: Re:Boston U full scholarship vs. Yale full price
Anonymous wrote:Anonymous wrote:I had a similar choice years ago. Princeton vs Uva (virtually full ride). I chose Uva because of no loans and my parents could not afford to pay much for my college. After Uva, I ended up at at Harvard medical school and top residencies afterwards. So going to Uva did not hurt my career and I had no debt until medical school.
However:
1. At least 80 percent of my medical school class came from top 15 universities and top 5 LACs. So undergraduate prestige is not essential, but certainly helps at top medical schools.
2. Over the years, even though I have had a successful medical career, I still wish we had the money to make Princeton work.
IMO, if you can make it work financially, I would choose Yale for my child. Congratulations and best wishes.
Well, UVA is much, much, much better than BU.
Not really.
Anonymous
04/19/2017 22:39
Subject: Re:Boston U full scholarship vs. Yale full price
Anonymous wrote:Anonymous wrote:I had a similar choice years ago. Princeton vs Uva (virtually full ride). I chose Uva because of no loans and my parents could not afford to pay much for my college. After Uva, I ended up at at Harvard medical school and top residencies afterwards. So going to Uva did not hurt my career and I had no debt until medical school.
However:
1. At least 80 percent of my medical school class came from top 15 universities and top 5 LACs. So undergraduate prestige is not essential, but certainly helps at top medical schools.
2. Over the years, even though I have had a successful medical career, I still wish we had the money to make Princeton work.
IMO, if you can make it work financially, I would choose Yale for my child. Congratulations and best wishes.
Well, UVA is much, much, much better than BU.
Please don't get the UVA fan club going. They don't know when to stop.
Anonymous
04/19/2017 22:24
Subject: Re:Boston U full scholarship vs. Yale full price
Anonymous wrote:Anonymous wrote:Anonymous wrote:Don't go to BU over Yale. It will be regretted every. Single. Day. Find a way to pay.
Ha, um no. I turned down Yale over a state school and have never regretted it.
People, prople sinner down: I am talking about BU--not whatever state school or SLAC you all allegedly chose over -"an" Ivy.
^ simmer
Anonymous
04/19/2017 22:23
Subject: Re:Boston U full scholarship vs. Yale full price
Anonymous wrote:Anonymous wrote:Don't go to BU over Yale. It will be regretted every. Single. Day. Find a way to pay.
Ha, um no. I turned down Yale over a state school and have never regretted it.
People, prople sinner down: I am talking about BU--not whatever state school or SLAC you all allegedly chose over -"an" Ivy.
Anonymous
04/19/2017 22:21
Subject: Re:Boston U full scholarship vs. Yale full price
Anonymous wrote:I had a similar choice years ago. Princeton vs Uva (virtually full ride). I chose Uva because of no loans and my parents could not afford to pay much for my college. After Uva, I ended up at at Harvard medical school and top residencies afterwards. So going to Uva did not hurt my career and I had no debt until medical school.
However:
1. At least 80 percent of my medical school class came from top 15 universities and top 5 LACs. So undergraduate prestige is not essential, but certainly helps at top medical schools.
2. Over the years, even though I have had a successful medical career, I still wish we had the money to make Princeton work.
IMO, if you can make it work financially, I would choose Yale for my child. Congratulations and best wishes.
Well, UVA is much, much, much better than BU.