Hi all-- I hope you're getting good admissions news! I'm wondering if people have perspectives on the trade off of cost vs quality/prestige. I've been admitted to Smith, my first preference school, but with no institutional aid unfortunately. I've also been admitted to catholic in DC, and am waiting to hear if I got a half tuition scholarship. If I did, Catholic would be half the cost of Smith.
I am much more excited about Smith's program, but i would end up with 40K in loans. Is it worth it in the long run considering how little MSWs make? (A starting salary is half of what I make now, without a loan burden). Smith is nationally recognized and perfect for what I want to do (psychotherapy practice), but I just don't know how much recognition, curriculum, and prestige matters when so much of being a clinician is about learning on the job.
I live in DC and need to stay here to share living costs with my partner, so unfortunately a state school wasn't an option b/c DC isn't a state.
Any perspectives sought.