BU vs. NYU costs

[Dr.BadVibes]

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On SDN, most people think that BU and NYU are the same relating to costs....After comparing the costs, BU's tuition is $4000 cheaper per year, and living in Boston would probably be a bit cheaper than NYC....

I know this may seem like peanuts, but, dont you think going to BU would save at least $10 000 in the long run? $10 000 doesnt seem like peanuts to me.

Are these calculation accurate, or am I missing something here?

Cheers!

 

[ItsGavinC]

I don't know if your calculation is correct, but 10k IS nothing in the long run.

Geez, opening a practice from scratch will run you $300-500k. If you're going to BU or NYU, then you'll probably pay back $250-300k total in loans.

The difference between $1.00 and $10,000 is huge, but the diff. between $225,000 and $235,000 isn't enough to warrant that being your only (or major!) criterion.

Go where you will be happiest.

 

[vishal_k32801]

I will say , ""A penny saved is a penny earned" means that little by little you will save money by not spending your money. "

 

[ecdoesit]

It depends.
My general concept of money.
If the 10K is well spent, I wont hesitate to spend that money.
I will have second/third thought about not-necessary stuff.

 

[Bickle]

I agree. They are both expensive schools, so tuition should not be a deciding factor. NYC and Boston are both expensive cities, so cost of living should not be a deciding factor.

Pick a school based on where you would most like to live, and which school fits your needs the most.

 

[StarGirl]

I'm sure my old roommate will spend at least 10K on alcohol thru his 4 yrs of med school...

so depending on your spending habit 10K can be easily spent