I was trying to decide between NW and NYU. I had some good reasons to keep NYU in the running for awhile, but the more I think about it the clearer it becomes. NW is #2 on US news rankings ... which definitely shouldn't be a deciding factor in and of itself... but I've only ever heard great things about the program. And considering I've heard good AND BAD about every other program, that says a lot. It's expensive, sure... and that's definitely a serious thing to think about. As others have pointed out, it doesn't really matter where you go- you'll get a job either way. But in my case, I'm undecided about whether or not I want to continue to get my PhD, so I'd like to keep my options open by going to the best school possible. I also really, truly care about the quality of my education (like for the sake of learning, not just for professional outcomes) and I have a feeling NW is tops. Plus, keep in mind that SLP's have basically 100% job security... loans might take awhile to repay, but you can definitely pay them. Icing on my cake: Chicago is supposed to be an incredible city! I can't think of a single thing besides the cost that would prevent me from going.
Here's an email I received recently regarding NW scholarships:
"Departmental scholarships are offered to approximately ½ of admitted students. All admitted students are automatically considered; it is not necessary to apply for a departmental scholarship. Offers are made in “rounds.” The first round of offers will be made approximately April 1st and acceptances for that round will be due approximately April 15th. Based on the number of declines, we will then be able to make further offers.
The scholarship amount offered to 1st year students is usually the same amount offered for the 2nd year of study. In rare cases, 2nd years receive a somewhat larger amount based on GPA and clinical performance."