Well,it looks like my nephew has eliminated Lehigh,Lafayette,Penn State, and UMass. He is down to Rutgers and Villanova. I am trying to find ways to bribe him to go to RU. Anyone know where I can get some Rutgers shirts ?
Im guessing his parents are footing the bill? If he's footing the bill just explain to him what the savings of $120k over 4 years looks like compounded invested at 8% over 40 years. He can fund a very nice retirement by choosing RU over Nova.Well,it looks like my nephew has eliminated Lehigh,Lafayette,Penn State, and UMass. He is down to Rutgers and Villanova. I am trying to find ways to bribe him to go to RU. Anyone know where I can get some Rutgers shirts ?
Im guessing his parents are footing the bill? If he's footing the bill just explain to him what the savings of $120k over 4 years looks like compounded invested at 8% over 40 years. He can fund a very nice retirement by choosing RU over Nova.
My son is a graduate of RUeng, Computer Engineering. Had job offers junior year and been working the day after graduation. At night he is getting his PSM (professional science masters) some call it MBS at RU. Very tough first year but they put all the freshman in the same dorm so they can relate to each other and help when needed. You get a degree you have job that simple and Wall street comes a looking all the time.Son just found out he got into RU engineering.....Waiting on Perdue, VaTech, and Texas A&M Looking to Major Computer Engineering any insight from any RU alums?
Im guessing his parents are footing the bill? If he's footing the bill just explain to him what the savings of $120k over 4 years looks like compounded invested at 8% over 40 years. He can fund a very nice retirement by choosing RU over Nova.
A ton of people go home on the weekend at Villanova. If you haven't seen RU on the weekend with the Easton and NB going a little more upsacale you should try it.I agree with the observation that these are two totally different environments. Really depend on whether he wants a big school environment where you need to be able to find help if you need it because the place is just very big. While I am sure there is more going on at Rutgers on weekends just because of its sheer size, I also bet a much larger portion of its student body goes home on weekends given its Jersey centric nature than Villanova where there is a much more geographically dispersed student population.
RU is a much better school and will offer a much more diverse experience in every way. Villanova is a regional school and aside from its alumni few will hold it in better regard than RU.
Unless you are going to an Ivy or a Duke/Stanford type school, why anyone would pay for a private undergrad education blows my mind.
RUHudson,
He has been admitted to the Business School. I took him on a tour of the entire Piscataway/New Brunswick campus a few months back. He loved Livingston (home of the Business School), liked Busch Campus,seemed to have no interest in College Avenue (too crowded/hectic for his personality,I think) and we were running out of time so had to rush through Cook and Douglass). If Rutgers was only Livingston, I think he would pick Rutgers right now.
Being intimately familiar with the B School program, I would have no reservations about encouraging him to pull the trigger for RU. He will get a top notch education and the B School job prospects are very strong in areas such as Accounting, Finance, Pharma and Wall Street (improving every year and several really great networking opportunities for high achieving, motivated undergrads).
I know that 18 year olds and sometimes their parents don't want to pay enough attention to the finances. But that, just as much as anything, is your best sales pitch.
The lifetime ROI on the RU degree (assuming the net prices are similar with scholarships, etc) will be much higher.
Couple that with an MBA, CFA, CPA or some other professional certification in a few years and he will be on his way.
I agree with most of these points. Nova is pretty highly regarded for business at this point in time. Heard of a kid from Ridgewood getting into Georgetown and rejected by Nova recently. You will get much more individualized attention at Nova than at bigger RU. When resumes come thru the NYC finance sector, Nova will be viewed more favorably (there are exceptions and a top kid from RU will look better than a middle of the road kid from Nova). Same with MBA admissions. Sure, the top RU kids will do very well, but playing the %'ages, not everyone finishes at the top and it is very competitive to do so. The advantage for RU is the overall cost. Debt free out of the gate from RU or saddled with debt and a Nova degree, it is a tough decision.
RU is a much better school and will offer a much more diverse experience in every way. Villanova is a regional school and aside from its alumni few will hold it in better regard than RU.
Unless you are going to an Ivy or a Duke/Stanford type school, why anyone would pay for a private undergrad education blows my mind.
I hope that I have the money when my kids are older to throw away a hundred grand on a vanity choice for their college (and yes - that includes OOS public schools).Well,it looks like my nephew has eliminated Lehigh,Lafayette,Penn State, and UMass. He is down to Rutgers and Villanova. I am trying to find ways to bribe him to go to RU. Anyone know where I can get some Rutgers shirts ?
Rutgers and Villanova are very different types of schools. Rutgers is a major research university and Villanova is small liberal arts college.
The advantage of going to a research university is that he will have the opportunity to interact with faculty who are at the cutting edge of their fields. The faculty will guide your nephew on what to learn and how to learn, but it is up to your nephew to actually do the work. It is somewhat of a sink or swim environment. But, in my mind, it better prepares students for the real world.
At a small liberal arts college, your nephew will have the opportunity for more interaction with faculty, who without the pressure of their own research, can spend more time engaging students. At a school like Swarthmore or Williams, where you have top notch faculty, this can be a very challenging and rewarding experience. But Villanova isn't Swarthmore. It is much closer to 13th Grade than Swarthmore. Nonetheless, your nephew may be more comfortable in a smaller environment, where he only needs to learn the material fed by the faculty, without being too challenged to figure things out on his own. At 18, this may be a better choice, if he hasn't developed into an independent thinker. He may have opportunities to mature intellectually as he gets a little older (or maybe not at all).
If they don't have to take out loans of more than$40-50k including student and parent, they can afford it. Anything more they really can't afford it. The only advantage going to Villanova in the business world is if he wants to work on Wall Street. Villanova graduates worked at the same jobs at my previous company as graduates from Seton Hall, Rutgers and Penn State.I hope that I have the money when my kids are older to throw away a hundred grand on a vanity choice for their college (and yes - that includes OOS public schools).
RUHudson,
He has been admitted to the Business School. I took him on a tour of the entire Piscataway/New Brunswick campus a few months back. He loved Livingston (home of the Business School), liked Busch Campus,seemed to have no interest in College Avenue (too crowded/hectic for his personality,I think) and we were running out of time so had to rush through Cook and Douglass). If Rutgers was only Livingston, I think he would pick Rutgers right now.
At a small liberal arts college, your nephew will have the opportunity for more interaction with faculty, who without the pressure of their own research, can spend more time engaging students. At a school like Swarthmore or Williams, where you have top notch faculty, this can be a very challenging and rewarding experience. But Villanova isn't Swarthmore. It is much closer to 13th Grade than Swarthmore. Nonetheless, your nephew may be more comfortable in a smaller environment, where he only needs to learn the material fed by the faculty, without being too challenged to figure things out on his own. At 18, this may be a better choice, if he hasn't developed into an independent thinker. He may have opportunities to mature intellectually as he gets a little older (or maybe not at all).
Why an educated person continues to speak in such broad sweeping generalities blows mine.
Here's one reason--willingness of alumni networks to play the ole boy network for you...
Despite not agreeing with your ridiculous route, I do agree with your final destination.
I wouldn't pay for Villanova either.
There are lots of reasons why a student would pick a private school over a public. Often cost is not one of the factors - as has been pointed out many privates offer merit scholarships that bring the cost down to what an out of state public costs.
My daughter ris a HS senior and has applied only to private schools. My wife and I agree that a smaller school environment would be beneficial - no 2oo person lecture halls. So far she has been admitted to 4 schools all of which have offered what I would call significant scholarships - and she is not an "A" student. The cost of her school will now be no more than the cost we have paid for my son who attends an out of state Big Ten school.