kingtut wrote:Dang. If I had it to do over, I'd go to college in-state... take care of your first two years at community college, transfer to one of the many great universities we have here for your degree, then ask your grandpappy for a healthy graduation pre$ent. Boom. You just saved your parents/grandparents a crap-ton of money and you made out like a bandit in the end.
To each his own.
My best in state choice for my degree would be CU Boulder, and Boulder is entirely too large of a school for me. And if I had taken a route like that, I'd probably actually graduate with more debt than I will graduating from RPI. They weren't very generous with financial aid for my sister that had a better high school transcript than I did. Although her schooling costs around $15,000/year out of pocket, it was her cheapest option and also I believe the best school she got in to.
Although I have around $8,000/year in federal loans, I only have 3 semesters of classes left. I can graduate as early as December 2014, although I'll likely take a semester off to do a co-op and graduate May 2015 instead. I should make more than enough to pay off all my loans and still graduate a year ahead of everyone else in my class. Not to mention, I'll have only been in school for 5 semesters so what would have been over $110,000 for my grandpa will be about half that, and I'll only have about $20,000 in loans instead of $40k+. Not to mention, paying my college tuition has no affect on my grandpa's lifestyle of financial stability. He personally preferred I attend a school like RPI over Boulder given the immense number of opportunities I am presented by going there.
I have no regrets about my decision to go to RPI. Not to mention, average starting salary of an RPI graduate is I believe $10,000 higher than that of CU Boulder graduates. And RPI also has a much better return on investment rating.