One other thing, while I’m on the topic. Is it worth it?
Well, Costs:
Roughly $64,000 per year, all in (of which $35k+ is tuition). No, I’m not kidding. Those are their numbers. I’d actually argue it’s more expensive since I couldn’t find an off-campus 9 month lease and my social habits, pitiful cooking skills, and trips I want to take with classmates have me spending more than $1224/mo on food, travel, social events, etc.
Fortunately, there are all kinds of loans available. I guess we are a good credit risk.
Just for kicks, if you invested in $64,000 each year for two years and then left those investments in the stock market (where get 10% annual returns over the long term) for 30 years total, you’d have over $2 Million!!
OK, that was a little ridiculous (you’d still have to pay living expenses, etc, if you didn’t attend), but it was also fun. And it makes me wonder… We can discuss what that $64k gets you in a future post.
joel
