UMN vs Fordham

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alexanderkaim
Posts: 26
Joined: Sat Apr 17, 2010 8:47 pm

UMN vs Fordham

Postby alexanderkaim » Tue Apr 20, 2010 2:53 pm

I really like New York City.
I have $15k/year at UMN but nothing at Fordham.
That means I borrow $33K/year at UMN and $70K/year at Fordham.
Newest USNWR rankings put UMN at 22 and Fordham at 34.
I really like New York City.

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D. H2Oman
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Re: UMN vs Fordham

Postby D. H2Oman » Tue Apr 20, 2010 2:55 pm

Fordham if you want to work in NYC. If you want to work anywhere else/not default on student loans-Minnesota.

alexanderkaim
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Joined: Sat Apr 17, 2010 8:47 pm

Re: UMN vs Fordham

Postby alexanderkaim » Tue Apr 20, 2010 2:58 pm

See that's the thing, I want to work in New York AND I want to not default on student loans. This is a difficult decision for me.

GermX
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Re: UMN vs Fordham

Postby GermX » Tue Apr 20, 2010 3:01 pm

Check UMN's placement statistics. If they do place in NYC, give it a shot and make it your goal from the beginning.

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Thomas Jefferson
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Re: UMN vs Fordham

Postby Thomas Jefferson » Tue Apr 20, 2010 3:02 pm

As someone who sent in his seat deposit to UMN last week, this seems like a no-brainer. Go to Fordham since you want NYC that badly. There's always IBR if loan repayment becomes an issue.

de5igual
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Re: UMN vs Fordham

Postby de5igual » Tue Apr 20, 2010 3:03 pm

alexanderkaim wrote:See that's the thing, I want to work in New York AND I want to not default on student loans. This is a difficult decision for me.


IBR makes it nearly impossible for you to default on student loans

splinter23x
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Re: UMN vs Fordham

Postby splinter23x » Tue Apr 20, 2010 7:28 pm

I don't see any hope for NYC if you choose UMN. At the same time, it's not like Fordham is a guaranteed NYC job (top 35-40% in a good economy, rough guess but probably top 15% in 2009 OCI). The rankings are meaningless, I hope you know that.

alexanderkaim
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Joined: Sat Apr 17, 2010 8:47 pm

Re: UMN vs Fordham

Postby alexanderkaim » Wed Apr 21, 2010 4:12 pm

splinter23x wrote:I don't see any hope for NYC if you choose UMN. At the same time, it's not like Fordham is a guaranteed NYC job (top 35-40% in a good economy, rough guess but probably top 15% in 2009 OCI). The rankings are meaningless, I hope you know that.


I don't really give the rankings any weight. Its the debt I'm worried about. And I'm pretty sure that Minnesota has a higher employment rate.

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baboon309
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Re: UMN vs Fordham

Postby baboon309 » Wed Apr 21, 2010 4:18 pm

alexanderkaim wrote:
splinter23x wrote:I don't see any hope for NYC if you choose UMN. At the same time, it's not like Fordham is a guaranteed NYC job (top 35-40% in a good economy, rough guess but probably top 15% in 2009 OCI). The rankings are meaningless, I hope you know that.


I don't really give the rankings any weight. Its the debt I'm worried about. And I'm pretty sure that Minnesota has a higher employment rate.


WHY DO YOU CARE ABOUT DEBT???????????????????????????????? TAX PAYERS WILL PAY FOR OUR EDUCATION!




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