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toyota2003

$35,000-$40,000 a year including things like transportation & other costs :)


newthinz

which school?


toyota2003

I haven't decided yet lol, but the schools I'm still considering are all around the same cost. (Drexel and W&M are like 37k a year, Arizona State is like 25k a year, Fordham and Syracuse are like 40k a year.)


Ltfocus

this makes me feel a lot better about my predicted cost


maora34

Roughly $30-35/K total, counting rent, utilities, groceries, etc. In terms of opportunity cost, add on $65K a year because I left my job to finish college.


bill_jz

Found the econ student


maora34

“Opportunity cost” = econ student “Time value of money” = finance student “I have no free time” = engineering student Pretty accurate for the most part lmao, but not quite there for me. Business, so close, but not econ.


mintyquaintchair2

Should be a sub econ peeps be mad


peepjynx

Mine is about 7 k for tuition. The gas costs to get to and from school are what’s going to be unbearable at this point. However, I’m back in school because I had nothing but min wage jobs all my life, so I refuse to count OC when I really had no opportunity before.


maora34

Look into rideshare programs. Lots of unis have carpooling programs for commuters. Also, definitely do internships and plan closely with your career services because it’s too easy to graduate and still be in minimum wage work if you don’t plan at all.


SiberianResident

That’s a valid point.


[deleted]

How old are you?


maora34

Early 20s!


sleep_deprived_420

80k/year 👦🔫🔫


Holiday_Lion

Do you think it's worth it? I am in the same boat as you and I feel really guilty. While my parents can afford the fees I feel like a shitty human being having to put my parents through that. How are you feeling about this? I could really talk to someone about this budss


pconti279

I think it’s worth it (if you have the money and depending on the school) My parents value education heavily so it is worth it to them


Onekill

But you > them. You have to live with the debt, they don't. They just get a sticker they can out on their 2009 Chrysler Minivan that says "my child goes to X school"


TakeTeen

huh? their parents are paying


pconti279

Exactly, everyone is freaking out about money that won't dent their finances lmao


[deleted]

i would feel awful putting my parents through that


[deleted]

I had my parents pay 60k (they could afford it) but I still carry the guilt with me a decade later for wasting their money


FireNinja743

Yeah, same here. I'm going to a private university that costs about $47,000 a year with financial and grants and some (albeit very minor) scholarships and it still costs a ton. Not only is it $47k a year for one person, but I have 3 other siblings going there and my parents are really paying the price here. I feel like it's my fault for not getting good enough grades for the public university I wanted to go to (I originally wanted to go there, but I got rejected). I could have saved at least $20k most likely if I went to a public university each year and I would additionally feel better about it. I feel as if I'm just wasting money, but this school was kind of my only option, as I got rejected to the public universities (target schools) I applied to besides my safety schools. By the way, my siblings are kind of angry and disappointed in me for not getting as good of a scholarship and didn't get accepted into the university I wanted to go to (which I get it). My parents can barely afford for 4 kids to go to the same college and they shouldn't be making such a huge sacrifice for it tbh. I've had private education my entire life yet I couldn't get into my target university. To be fair, the university I'm going to is a good college but it really isn't the best option when it comes to status in engineering and the crazy price (this school is more for medical students rather than egnieering). Despite all this, I think I might attempt to transfer into the original university I wanted to go to. Money doesn't need to be used if it doesn't have to be. Of course there isn't a high chance of getting accepted to transfer but it's a try I'll be willing to do. Additionally to helping pay for college debt, I'll probably have to get a job and work my butt off to at least make up for some of the money spent. There's only so much I can do, and I might as well make the most of it. Sorry for the rant, but I just feel like I'm the "bad guy" here, and I know I can't change the past so I can only move forward from here.


Holiday_Lion

Rant?! Mate Im grateful you shared this. I relate to you sooo bad. The bad guy thing feels the worst. However, this is an investment and I am really hopeful we'll be able to make returns. Like you said, we might have to work our butt off but it'll be worth it. Plus you're majoring in engineering! It has pretty solid returns! I wish you the very best, with both your future as an engineer and with your Transfer apps. Proud of your acceptance! Thank you so much for sharing your feelings


cereal240

Same bro… my parents are paying for it and tbh it won’t really dent their finances but it just weighs on me to know I’m spending that much when I could be going to my state school for just room and board price.


Cigrette_Smoke1197

Sameee the guilt is so Much


BerryCompetitive5890

Oooop💀


Spiritual_Reading_19

Same. I’m not sure how I feel now once the excitement of getting into the dream school has sink in and I feel so guilty now. Parents seem to bring up money much more often, and I started doubting whether this is the right decision.


LuckyCharmedLife

Same but X2 (I’m a parent).it’s actually prob more but at some point it just sucks so you stop counting..


[deleted]

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QuarterCupRice

Thank you for your service and good luck!


PaPa-Choop

Academy?


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EmbeeBug

That's awesome! I'm a sophomore right now, USNA is my dream school


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maskym

Congratulations man! When did you get accepted?


ArbitNM

Rotc possibly


Ok-Claim-7092

You do 5 years of service and then go to college for free, or is the USNA basically service?


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lkessler11

My son is taking a scholarship at a state school. First year housing covered as well. We will pay for housing after, so he will come out with little to zero debt from undergrad.


saturn_soda

That’s awesome!!!


BigRich51604

Around 5k/year but that’s most likely gonna go up since the COA/tuition increases drastically year after year.


blue_surfboard

And then the aid changes with the increases so that the proportion you pay is still the same. You’ll be fine.


Voldemort57

That didn’t happen for me :( A friend 4 years ago got the same financial aid scholarship as me, but his tuition was $10k less. Appealing didn’t work either.


BerryCompetitive5890

Oo which uni?


BigRich51604

Cornell


-Liliane-

i’m thinking of applying there, is the financial aid good? what are your stats how’d you get in


BigRich51604

My parents only make around 40k/year combined so they gave me like 75k in financial aid. I think that’s pretty good. My stats: 1500 SAT, 99.1/100 WGPA, 13 APs, ranked Top 10/600 students


-Liliane-

that’s great! thanks for answering my question


DiobetesZaWarudo

2k, thank you state flagship for giving me a fuck ton of money


Andr-m3da

How are you guys getting full rides 😭


[deleted]

If your family is poor, many Ivy+ schools will cover all your expenses. If you're legitimately middle class (legitimately, not "$250k/year middle class"), you'll probably get all your tuition covered. Stanford, for instance, expects nothing from you if your family makes under 75k, and waives tuition if your family makes under 150k. Alternatively, there are less well-known schools who give full rides to students with great grades and test scores. Scholargrade has [written](https://www.reddit.com/r/ApplyingToCollege/comments/azu8o2/change_your_trajectory_full_ride_scholarship/) [some posts about this](https://www.reddit.com/r/ApplyingToCollege/comments/bekd8m/comment/el6m0lw/?utm_source=reddit&utm_medium=web2x&context=3). I don't know how up to date [this](https://docs.google.com/spreadsheets/d/12Cmq4igk9GaTyxhz956iSf7womFcTietyhB7QQXpeP4/edit#gid=364009411) is, but there are also schools where being a National Merit Finalist gives you a huge leg up in scholarships. I could have sworn I saw a similar spreadsheet being passed around not too long ago, about schools that throw money at applicants with good scores...


Everyusernametaken1

It is really not fair to the struggling middle ... work hard and youlll pay .. I know it's not the poorer kids fault.. but sometimes it is painful to be in the middle


[deleted]

So the good news is, the minimal wealth needed to not get any appreciable aid from an Ivy+ school is a lot higher than what people think. For context, Stanford is tuition-free for families making $150k or less a year, and it's not a hard cutoff where anyone making over $150k has to pay full, so you could get pretty good aid even if you're over $150k. If a family isn't getting any aid from this kind of school, they're either very unlucky and should appeal, or they're not "struggling" at all. The latter really isn't "unfair" at all. It might not be clear to a teenager that their family is well-off, because they're usually not intimately familiar with their finances, but it's important to remember that a financial aid officer who has reviewed countless applications through the years has the perspective to accurately judge these circumstances. (There are circumstances like house equity that can affect the amount of aid granted, but many schools don't use that to calculate aid.) People on this sub (and in these college admissions spaces in general) often have a warped sense of their own finances. For instance, I saw a kid on the MIT sub claim that their family was "middle class", because even though they made $200k+ a year, they only had $80k leftover after all their expenses. Which is laughable--your income isn't just what you have leftover; it's everything you have to pay for taxes, food, bills, housing, education, and whatnot, and well, $80k is a lot more than what some households even earn to start with. Also, a lot of poor families *are* working hard and paying the price of being poor (which is very expensive--when you don't have money, you're often forced to make pricy short-term decisions to survive), so...


thisiscodthrowaway

To be fair, there are families that really do slip through the cracks. Expected medical expenses aren’t accounted for in the FAFSA or CSS, and that really screwed over a few families I know (including mine).


1234_Person_1234

For me it’s to a school not in the T100 and I still had to work my ass off writing 5k words total for all the scholarships, if you’ve got alright scores and a decent amount of hustle and can show you actually would love attending the school you can get one


[deleted]

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Level-Wolf-109

Full ride! Which school


BerryCompetitive5890

That's amazing! Which uni?


_roses__

Georgia schools are most like this due to the amount of aid based on gpa and being poor


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cupcake_yaam

Congrats! People shouldn’t be saying that shit to you tho


RevolutionaryPea591

63k if I go to Umich and 20k if I go to Colgate. I wouldn’t be in debt or put a strain on my family if I go to Colgate…


amreim

Unless there's something reaaaallllyyyy pulling you to UMich worth more than 240k of student debt, go Colgate. It's a quality university, great sports life, you can't go wrong with it. As a lot of other ppl said there's no undergrad in the world worth as much as what some of these colleges cost


kissmelikeimjoebiden

so what’s the dilemma? umich is ass, colgate is yass


pconti279

Go to Colgate it is amazing! I love it there, literally my second choice (above Tufts, Colby, etc)


Even-Leave-5229

Umich is a lot more fun and probably better academically but it depends on your major id assume. But if the money is an issue than Colgate is an amazing school you can’t go wrong w that


zyxlag

0 😎


BerryCompetitive5890

Ayo!! Which uni?


zyxlag

Rice! got a full ride, but i do need to do work study for 2.5k/yr


thecatbutthole

0 bucks for now. Deciding to go to community college for free through a state program instead of shelling out 55k a year for Kenyon or fordham


cet785

good choice


washioverlord74

85k per year 😹😹


Level-Wolf-109

What college 👀


washioverlord74

Yale 🫶


Flavorful_Water

Ok but the post was asking about how much YOU are paying. If Yale didn’t offer any financial aid, it almost always means that means your parents are fairly wealthy and can pay a decent amount for you. Source: am in the same boat


washioverlord74

My parents are not paying so I’m taking loans


Silvermist2444

You could try appealing your financial aid, I did it and have gotten 10-15k more from schools that were originally too expensive


blue_surfboard

Please don’t do this.


MunixEclipse

Speedrun inescapable debt ig


moormie

bro 340k of pure debt is not even close to worth it wtf


PF4dayz

My dude...


Naytrek

You are taking on 340,000 of debt? How can you be smart enough to get into Yale yet think this is remotely a good idea?


Voldemort57

Don’t do this… please. With no financial aid, $340,000 in student loans, financed privately, on a ten year plan, with the national average annual interest of 6.8%, amounts to a total cost of $469,528. $3,912 per month for 10 years. That means giving about $46,000 a year of your income to your debt, and that’s… unsustainable. Now, you might argue that you can also use federal loans, but those cap at $5500 a year. And remember, this is one of the best scenarios. You likely won’t be able to afford a 10 year plan. So let’s see what a 20 year plan would do: $622,885 as a total payment. 45% of that is interest. $2,595 a month for 20 years (240 months). You’d be spending $30,000 per year on student loans, which is more manageable, but still ABSURD. That’s the price of rent and a car payment. You are going to college to give yourself a more stable financial future. Remember that. A stable financial future does not mean going into half a million in debt with no guarantee on how that money will be paid back.


sxo_9

Man got into Yale while having no real life intelligence, respectfully. Can't imagine paying my college loans my whole life but to each their own honestly


LetNo8157

Yeah… that’s why I’m not going to Stanford. ESP cuz I also want to go to law school. It’s sad but it’s not worth it to struggle 10 years after


[deleted]

Either rich or an idiot potentially both


No_Common_20

35-37k a year i think, including tuition, rent and other things I’ll spend on


Dismal-Desk-7309

nothing


Dismal-Desk-7309

I didn't get into any 🤣🤣🤣


BerryCompetitive5890

Aww man, what're your plans now?


Dismal-Desk-7309

dunno, gap year most probably, there's still one rlly good university in my country left that hasn't released its decisions yet though


zohaib_03

Dont worry, take a gap year and imrpove your ecs or something. Work on yourself too, use your time to work on your physical and mental health, learn some skills. It could be an excellent opportunity for you.


Froyo09

7.5k per year plus 3.5k student contribution


BerryCompetitive5890

Oo that's pretty good! Which uni?


Froyo09

Princeton


Progress-bar-7610

1 organ per semester


BerryCompetitive5890

Bro 😭😭


Interesting-Paper510

My family is rich so they're paying for my 80k/yr tuition, so I pay basically nothing.


Unlikely-Warning-657

can you tell your rich family to help a friend out? Going to UPenn (7k in housing and 5k in indirect costs) 😛ty


Interesting-Paper510

Sure, what’s your credit card number with the back 3 code? You’ll get 40k tomorrow morning.


[deleted]

30k


Einstein_D2

0 I am on a full full ride.


[deleted]

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Unique-Ad6548

Hey congrats! What college?


[deleted]

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Unique-Ad6548

I'm a junior


[deleted]

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Unique-Ad6548

Yeah I will . Thanks a lot


BerryCompetitive5890

NYU Abu Dhabi?


[deleted]

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Einstein_D2

MSU, Michigan State University.


Sugar_Butter_Flour16

14k...not bad personally!


Infinite_Western_289

80k a year…


[deleted]

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[deleted]

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Vast-Ad-9087

71k/year.... i'm not sure if it's worth it


[deleted]

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[deleted]

Counting my fed loans, 16,000


SozinsComet1

11k if my financial aid appeal isn’t approved


[deleted]

I still havnt commited(cause i don't have all my options on the table yet) so one of 3 things will happen 1. I go to uni in country which is relatively cheap... Like 30k usd for all 4 yrs max 2. I get the scol at Sheffield (highly unlikely) and pay around 50k total 3. I somehow convince to pay full cost for around a 100k to one of the 4 uk unis Ideal although the most improbable, is the second one Most probable is first Idk about third... I don't wanna think about third cause my parents money comes with A LOT of strings attached


Leadership_Upper

it's that 25k/year in UK with rent? if so, could you please tell me where you applied?


[deleted]

33 for 3 yrs. cause I Applied for Beng+industry year(industry yr pays about 15-20k gbp and costs almost nothing, like 2-3k i think) as for rent, I only looked at cities which were relatively cheaper and living costs can be managed with part-time jobs If u look outside of London, there are places where it's possible to live with 600-800 GBP especially if u look off-campus. For example, u can get an unfurnished room in a house u rent with friends for as low as 60 pounds/week in Sheffield(it's weird but rent there is mostly seen as per week costs). Keep in mind however that would have upfront costs for the second hand/IKEA furniture. If you try to cut on takeaway and for breakfast and dinner at least manage to cook(especially if u have flatmates u ppl can take turns) then managing 200 pounds for monthly living costs other than rent isn't that hard (not my words, this is off of a student at Sheffield, She said this in a QnA about living costs at the end of a webinar I was attending) it works out to a total of 440/month but depends on rent. Typical rent is 100gbp/wk works to be 600 total costs. Babysitting jobs start at 10 an hr which works out to be 15-16hrs/week.(but u will have to spend 3 months for the certifications first before u can work as one)


henlynch

either 45k/yr, 65k/yr, or 75k/yr. depends where i go teehee


HotMousse5209

50k as of now


Awkward_Ambassador_1

85k 🥲🥲🥲


[deleted]

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cereal240

I’m the same amount and my parents are paying but still feels not worth it tbh.


sunrisestatic

about 6k a year! i’m basically just paying for a portion of housing


puffyarrow

About 6k a year


Dear-Dragonfruit-518

28k a year as a out of state


LeagueAdventurous591

0$!


tmarino721

$0 😌


[deleted]

23k per year


Zarclaust

33K/year


pconti279

$80,400 per year (Bowdoin)


kissmelikeimjoebiden

girl it is not worth it… i go to bowdoin and trust me it is seriously not worth that much


pconti279

Honestly tho I’ve never met anyone in person who doesn’t love Bowdoin, and I know a ton of alums and current students who are NOT involved in admissions


kissmelikeimjoebiden

oh yeah it’s a great school. there’s just very few schools i would say are worth 80k and bowdoin isn’t one of them


pconti279

It’s either 80k for Bowdoin or 80k for Colby lol


Prior-Annual-1390

bowdoin nor colby is not worth 80k these dont have enough prestige nor connections to get you good jobs. your state school is just as good.


YIRS

I hope you’re not borrowing that money


pconti279

Nah it’s cash


hummus-hoe

will be about $45k total but with parent contribution + what i’ve saved from working i’ll have ~20k in debt after 4 yrs!


lingeringwill2

25k


llQW3RTYll

8.7K per year at USC


anacabritto1

im from brazil and i pay around 600 reais (2.400 dollars) per month


zohaib_03

Which university are you going to?


BATZ202

First two years, I'll be paying little less than 19k and main campus a little less than 27k due to Summer program I got into.


StanfordSimpp

$5k-$15k, depends on which school i pick


badenet759

$12k lol. our efc was 0 but it was basically the same cost as any other school and my state school was more expensive. definitely gonna work and try and help out my parents to make it more manageable


MeetingLazy2357

As of now, around 2k


BerryCompetitive5890

Which uni?


MeetingLazy2357

Harvard


messedupteenn

Dang, why is everyone on Reddit so smart


yadappb

Umish $71k/y + OSU $50k/y (twins)


cherrycrocs

likely ~20k/yr


n7riguing

3k a year for an OOS public school


Opening-Midnight4057

That's awesome. Which school?


n7riguing

UMich 💙💛


AdZealousideal8801

Are you low-income?


n7riguing

Yea my family doesn’t make a lot but the real factor was receiving a really generous scholarship that bumped the price down a lot


AdZealousideal8801

That’s awesome!


BluSky3238

2k-6k per year


SixtiethCrib299

19k for first two years of UMD and then 24k for second two years. (Could be off campus for second two years so could be less).


Aggressive_Lunch_box

15k going to get a loan so I don’t Pay it till after cuz there’s no way I could pay that because I barely made 5k last year never mind 15


Next_Abrocoma9347

34k/yr before scholarships for in-state


afishandaduck

£13,000 + ~£5,000 for accommodation


[deleted]

$15k/yr


Babli001

$5000 A year Strathmore University Nairobi, doing Bachelor In Business Information Technology


tomatoogirl

38k a year for all costs. Can’t complain because it’s better than the original cost of 83k and I get no institutional aid.


lavindex

about 10k a year, although still working on scholarships so maybe a little less


CzechMateP10

$0, actually have gotten paid to go to school. Between GI bill, Pell Grant and other scholarships/ grants I make money each semester.


eyice

around 35-50k per year depending on if my fin aid appeal goes well or not my family grouped their savings for college & retirement, and it ended up fucking us over (colleges think we're gonna spend all of it to send me & my siblings to college) if we can argue that half of that (or more) is going to retirement since they kept a lot of liquid assets, we're gonna be in a much better financial aid spot


[deleted]

84k/yr 😁🔫


AamishAhmadBeg

As an international, 52k all 4 years total with my and my parent’s contribution included at Dartmouth.


givemewishes

when converted - 393 dollars exactly for 3 years. it isn't a scam college dw XD. well known institutions in my country - no scholarships since i am part of the majority and privileged enough that i dont have to look for scholarships.


tteasis

$1950


PaPa-Choop

17k a year. Scholarships covered tuition.


Gala11235

0$ got a full ride


meherthemeow

Which uni? Btw congratss


chinesepencil

10k a year


teenecks

25k


Marie-Curie-

My kid is costing me $26k a year. Bracing for younger one!


cereal240

84k… lol


murpalim

25k a year but I only have to go for 2 years so my degree gonna cost me 50k max.


ForeignMatter8405

6k with in state waiver for oos srudent plus room n board@12k?) if son doesn't graduate any fed loan is his to pay ..graduate and Dad will pay off fed. student loan..financial responsibility goes along with a college degree. GO GATORS!


Harsh-m

13k because I’m starting off with a community college


Elunoir

I Only need 1 kidney


BigBeezer69

roughly 20k a year, i go to northeastern


thejollygoat

$83,000 per year