UMN vs Fordham Forum
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alexanderkaim

- Posts: 26
- Joined: Sat Apr 17, 2010 8:47 pm
UMN vs Fordham
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.
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

- Posts: 7445
- Joined: Tue Feb 24, 2009 5:47 am
Re: UMN vs Fordham
Fordham if you want to work in NYC. If you want to work anywhere else/not default on student loans-Minnesota.
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alexanderkaim

- Posts: 26
- Joined: Sat Apr 17, 2010 8:47 pm
Re: UMN vs Fordham
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.
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GermX

- Posts: 562
- Joined: Tue Feb 16, 2010 5:24 pm
Re: UMN vs Fordham
Check UMN's placement statistics. If they do place in NYC, give it a shot and make it your goal from the beginning.
- Thomas Jefferson

- Posts: 384
- Joined: Sun Feb 21, 2010 6:32 pm
Re: UMN vs Fordham
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.
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de5igual

- Posts: 1442
- Joined: Mon Dec 08, 2008 11:52 pm
Re: UMN vs Fordham
IBR makes it nearly impossible for you to default on student loansalexanderkaim 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.
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splinter23x

- Posts: 47
- Joined: Sun Apr 11, 2010 9:04 pm
Re: UMN vs Fordham
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.
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alexanderkaim

- Posts: 26
- Joined: Sat Apr 17, 2010 8:47 pm
Re: UMN vs Fordham
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.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.
- baboon309

- Posts: 341
- Joined: Wed Oct 14, 2009 12:21 am
Re: UMN vs Fordham
WHY DO YOU CARE ABOUT DEBT???????????????????????????????? TAX PAYERS WILL PAY FOR OUR EDUCATION!alexanderkaim wrote: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.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.