by twenty » Tue Feb 05, 2019 11:59 am
HmmOhkay wrote: ↑Sat Feb 02, 2019 11:57 am
It suggests that they aren't engaging in a heated competition in this area (appealing to prospective students who want to go into PI that may not pay well).
I know I cared a lot about this when I was applying to T14 schools (I didn't apply to Cornell + some others for this exact reason). Over ten years the difference can be ~60k you didn't have to spend on loan repayments by opting for Columbia over Northwestern. You obviously never know what kind of job you'll get, what your grades will be, etc. etc., so the more-certain items with regards to PI weighed pretty heavily for me.
Harvard at 45 and 46k.
So it's worth pointing out that the Harvard, Yale, Stanford + many of the older LRAP programs do not neg-am over ten years with one huge payoff at the end. The argument is that if you're only going to stay in PI for a few years, you're better off at one of these programs because your loan balance will actually decrease over this time. I don't think it deserves as much weight as people give it, but it is worth pointing out.
[quote=HmmOhkay post_id=264326 time=1549126673 user_id=1413]It suggests that they aren't engaging in a heated competition in this area (appealing to prospective students who want to go into PI that may not pay well).[/quote]
I know I cared a lot about this when I was applying to T14 schools (I didn't apply to Cornell + some others for this exact reason). Over ten years the difference can be ~60k you didn't have to spend on loan repayments by opting for Columbia over Northwestern. You obviously never know what kind of job you'll get, what your grades will be, etc. etc., so the more-certain items with regards to PI weighed pretty heavily for me.
[quote]Harvard at 45 and 46k.[/quote]
So it's worth pointing out that the Harvard, Yale, Stanford + many of the older LRAP programs do not neg-am over ten years with one huge payoff at the end. The argument is that if you're only going to stay in PI for a few years, you're better off at one of these programs because your loan balance will actually decrease over this time. I don't think it deserves as much weight as people give it, but it is worth pointing out.