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Posted

Just wanted to throw out a hypothetical situation. What factors would you consider if you were offered a full ride at GWU Elliott School and also a significant reduction (66%) at Georgetown. Suppose also that you have a guaranteed job in your field (a federal agency, for example) when you graduate, regardless which school you attend. And let's just throw in the fact that you have, let's say, $40k in debt from undergrad..


Would it be justified to go to $30k more into debt to attend Georgetown when you have a full ride at GWU and a guaranteed job either way?

 

Purely hypothetical.

Posted

A question of prestige.  I would go with the full ride, since you're still going to be paying 15K at Georgetown a year, which will then add to the 30K you already have, not considering living expenses in DC, which easily will be around 24K a year...add all that up and you will have around 80K in debt from grad school and 30K from undergrad.  

Posted

Doesn't seem very hypothetical judging from your signature...  ;) 

Personally, Georgetown - I don't imagine myself needing much money.. especially if I'm already guaranteed my dream job... that pays for housing. In the long run, I think Georgetown would pay off - although I'm not too familiar with the quality of the specific program you're pursuing. There's something about attending the first IR school though..

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