Is it worth it

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  • #602112
    genuine
    Member

    To attend an ivy league school with a hefty price tag in a field that is not well paid?

    Will the name open up doors to better economic opportunity…or will the debt just pile up?

    What are your thoughts, experiences, suggestions?

    #853311
    hershi
    Member

    The only job I got after graduating Yale with my degree in Philosophy, was flipping burgers in KD.

    #853312
    MiddlePath
    Participant

    Well, I can say something from personal experience. I declined pursuing a Masters degree from a very respectable institution in a certain field because tuition would have been extremely high, I would’ve been paying off student loans for years and years, and the field itself is very rough right now, with very few job opportunities. So instead, I am currently pursuing a degree in a similar, yet more opportunistic field, though from a less- prestigious school, with drastically lower student loans. I just think in a field such as mine, where one needs a degree to be licensed altogether, having experience, recommendations, and a strong portfolio can help a lot more than a degree from a specific school.

    #853313
    zahavasdad
    Participant

    IMO Yes

    Not because of the education, but because of the contacts you will make. You can make contacts attending Ivy League schools that you cant get anywhere else

    #853314

    I would love to hear the consensus on this one! Currently, I am waiting to hear back from 3 graduate schools (One is a state college and tuition is very cheap) The other 2 are private colleges and therefore tuition is north of 50 grand for a two year program (& that doesn’t include my student loans I took out for my undergraduate degree)

    #853315
    zahavasdad
    Participant

    Ivy League is very different than almost any other private institution.

    I would not pay for most private institution, I really dont think they are worth the money for what you get. A few non-Ivys like Duke, NYU, Stamford, MIT etc you might the connections, but otherwise I dont think they are worth it

    #853316
    popa_bar_abba
    Participant

    It really depends what the degree is in.

    If you are going to nursing school, go for the cheaper one. If you are going to business school, you better take HBS if you can.

    #853317
    genuine
    Member

    Thank you everyone for your responses…:)

    MiddlePath, if you don’t mind sharing…which field you were going to go into and which you alternatively chose? I’m having a similar dilemma right now.

    #853318
    MiddlePath
    Participant

    No problem, genuine. I was considering Architecture, and I am now going into Industrial Design. More specifically, product design and engineering.

    #853319
    genuine
    Member

    Thanks! Sounds interesting 🙂

    #853320
    OneOfMany
    Participant

    If you are going to nursing school, go for the cheaper one.

    I know someone who is in U Penn for social work. Why, I don’t know.

    #853321
    yentingyenta
    Participant

    PBA: “If you are going to nursing school, go for the cheaper one.”

    do you really want the person dispensing high alert drugs having a cheap cut-rate education? i wouldn’t. and i’m in a private nursing school and i have classmates i would NEVER want near any family member of mine. or yours.

    oneofmany, that being said, i have a friend in NYU nursing school. but i know why she chose that school. (its a good reason too)

    #853322

    My graduate study is social work…I’ve been told to stay away from pricey private colleges because the field is not lucrative, but as yentingyenta said…I wouldn’t want high risk patients at the mercy of ill educated therapists.

    After making all these assumption I would hazard a guess to say that the college attended is not as important as the quality of the student who attended…

    #853323
    OneOfMany
    Participant

    We’re not talking cut-rate schools and decent ones. We’re talking decent ones and Ivy League. There isn’t any reason to waste your money on that price tag for certain fields, because their programs probably won’t be substantially better or more in demand. NYU, indeed a great college, isn’t Ivy League or pish-posh up there, so it isn’t as pricey. U Penn is, complete with $50,000 price tag.

    #853324
    Think first
    Member

    Just like its not the car its the driver, I feel its not the school its the student.

    #853325
    yentingyenta
    Participant

    oneofmany, NYU is over 70,000 for her degree. i think it is a little ‘pricey’

    think first, good point. didnt think of that.

    #853326
    zahavasdad
    Participant

    Ivy League Schools give more Scholorships than most and discount the tutition.

    If you can get into an Ivy League School, because they have Huge Endowments, they are able to make sure you can afford it

    #853327
    popa_bar_abba
    Participant

    yenting: I thought we were asking what the person going to school should do; not what the patient should want.

    In any event, the answer to the question here is that it really does depend what sort of program you are going to. The job market is what should determine which school you want to go to.

    If it is a field like dentistry where it doesn’t matter what school you go to, then you should definitely choose stonybrook for 25k over columbia for 50k. And that is why stonybrook is more selective than columbia.

    If it is a field like law where it really does matter which school you go to, then you should certainly choose columbia for 50k over New York Law School for free. (also over fordam for free, in my opinion)

    #853328

    What is your logic of entering a field that is not well paid to ‘open up doors to better economic opportunity’? Is there room for promotion or not?

    As an aside, a student loan can be a very helpful stepping stone to reach an otherwise unattainable goal, but it can also be dangerous if you don’t take it seriously. You don’t see the money actually being spent, and it adds up pretty quickly.

    With the amazing advice and support group here I have no doubt you’ll make the right decision though. 🙂

    Good luck.

    #853329
    BTGuy
    Participant

    Hi genuine.

    I dont know the answer, but consider this:

    1. An Ivy League school should be able to facilitate you in becoming an expert in any field, world renowned even. It depends on where you take it, but the resources and contacts will be there in the Ivy League.

    2. An Ivy League school is certainly expensive, but if you are looking to develop into a top of the line person in your respective field, the expense is a small price to pay for the level of expertise you would have acquired in your field.

    Needless to say, someone can make for themselves world-renowned greatness in any field from any or no college.

    On the other hand, Harvard, Yale, Brown, MIT, Princeton, Columbia..etc…are not exactly small potatoes in terms of catapulting someone to be at the forefront of their field, if that is the level of commitment someone aspires to.

    Hatzlacha in your endeavors!

    #853330
    OneOfMany
    Participant

    yentingyenta, a degree can cost around $200,000 at the highest level.

    zahavasdad, Ivy League and a lot of highly ranked colleges don’t give merit scholarships b’chlal. Scholarship endowments are distributed only as need-based aid. You’re only going to get what you qualify for.

    #853331
    Health
    Participant

    PBA -If I was going for nursing -I’d go to Excelsior or whatever it’s called -the one that you don’t need to be in the school and tution is almost nothing.

    For nursing all you need is the degree, noone cares if you really know anything. There aren’t any jobs in hospitals for nurses, just for a very few. Most of the nursing jobs are nursing homes or home care.

    #853332
    BTGuy
    Participant

    Hi Health.

    I am very surprised to read your apathetic opinion about nursing, particularly since you, up to this point, seemed to be such a staunch defender of all things medical, in particular the pharmaceutical companies.

    You implied that no one cares if a nurse really knows anything? Is that an indictment of nursing?

    Everyone knows nurses are invaluable to patients in terms of doctors being inadequate in the time and explanations they can give to their patients.

    Again, considering how you defended the pharmaceutical industry, in comparison, I would you to give equal thought to nurses, and consider the last time there was a call back on a nurse, or a class action lawsuit against a nurse?

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