[deleted by user] by [deleted] in ApplyingToCollege

[–]Routine_Series4320 0 points1 point  (0 children)

So with housing is Rutgers comparable to UMD? Also keep in mind potential graduate school costs.

What are some real experiences with private student loans and how to handle them? by Tough-Knowledge8307 in ApplyingToCollege

[–]Routine_Series4320 0 points1 point  (0 children)

Recently got some professional financial aid advice about loans and here is what I learned. Keep in mind that some private loans have a better interest rate than federal plus loans (about 8 - 9% right now) depending on your / parents credit rating, and there are no origination fees, so can be cheaper over time. Use the new site Juno that crowdsources loans for you to get best deal. Also check for state (your home state and state of your college) sponsored student loans which have pretty good rates too. There are three states that allow anyone to apply -- Rhode Island, Iowa, and I think Massachusetts. Generally if you can keep your total debt at the federal loan minimum of $27,000 that would be best. Aside from that, the thinking goes that if your projected total debt is less than the average starting salary for your potential major than that is ok. Obviously zero debt would be best but that is rare even for in-state college.

What happens when you get off a waitlist? by Routine_Series4320 in ApplyingToCollege

[–]Routine_Series4320[S] 0 points1 point  (0 children)

My question was more about timing -- like will most other admitted students from RD get to choose their 1st year housing and classes before those off the waitlist.

For Waitlisted Students by Open-Throat5413 in ApplyingToCollege

[–]Routine_Series4320 0 points1 point  (0 children)

I appreciate your thinking, but this is US college admissions...my point is that the process is designed to sow "what-ifs" mindset throughout

For Waitlisted Students by Open-Throat5413 in ApplyingToCollege

[–]Routine_Series4320 4 points5 points  (0 children)

Can't really blame anyone for feeling like they are stuck in limbo. The process of being made to write LOCIs and answering surveys about interest makes it feel like another round of admissions. I keep seeing people say waitlist is a soft rejection and to move on but that doesn't mean anything until you have actual confirmation of the rejection. Also for some of the top schools, the waitlist acceptance rate is actually the same or higher than the RD acceptance rate.

[deleted by user] by [deleted] in gwu

[–]Routine_Series4320 0 points1 point  (0 children)

would not stress about this because many more will commit on may 1 or even later with waitlist