Hi, everyone. Currently decided between UF and Harvard and wanted some feedback as I'm making my decision.
Overview
UF
-$290k total
-Close to home as I'm from Florida
-Gainesville is fine more or less, little boring
-Good specialization rates
-It seems nice overall; I've spent a several hundred hours in the building assisting, doing research, etc. so I'm pretty familiar with it
Harvard
-$437k total
-Boston seemed amazing, but it's cold and I have never lived in a city; I'd probably like it though
-P/F grading sounds great
-Guaranteed specialization
-Opportunity to live in another part of the country
-It's Harvard; in theory, lots of opportunities for networking, learning from brilliant people, etc.
-I liked it much more than UF on my interview day, but it's hard to quantify how much it would realistically differ from UF in terms of how much I like it day-to-day
Clearly, the only logical reason to go to Harvard is to make my chances of specializing about 100%; there is no other good reason to take out $147k more in loans. However, I don't necessarily know I want to specialize. If I did go to Harvard, I would essentially force myself to specialize since there is no good reason to go there if not to specialize; I'm sure I'll be interested in at least 1 specialty quite a lot, so I'm not too worried about not ending up happy because I forced myself to specialize. It'll be fine.
There are 4 possible scenarios once I'm out of dental school:
Harvard w/o specializing: idiotic choice, I won't be doing this
UF w/o specializing: $290k debt; a very good career choice
Harvard with specializing: $437k debt + residency cost; almost guaranteed to get into the specialty/school I want
UF with specializing: $290k debt + residency cost; not guaranteed anything in terms of specializing really but it's still mildly secure since I should be in the top-ish percentile of my class still
Realistically, I'll perform well enough in dental school to be competitive applying to residencies. This fact alone makes going to Harvard to ensure my specialization less appealing because I could, probably, end up in the same situation/specialty after dental school but with $147k less initial debt (after interest accrues over 10-15 years, the cost of Harvard is closer to $300k).
Is the guarantee of specialization, along with the other less major benefits of going to Harvard, worth $300k long-term? Broadly speaking, specializing increases expected lifetime earnings by millions of dollars potentially based on BLS data. That's not a bad investment in the long run to secure a specialty for myself.
Any feedback would be great! Thanks for reading.
Overview
UF
-$290k total
-Close to home as I'm from Florida
-Gainesville is fine more or less, little boring
-Good specialization rates
-It seems nice overall; I've spent a several hundred hours in the building assisting, doing research, etc. so I'm pretty familiar with it
Harvard
-$437k total
-Boston seemed amazing, but it's cold and I have never lived in a city; I'd probably like it though
-P/F grading sounds great
-Guaranteed specialization
-Opportunity to live in another part of the country
-It's Harvard; in theory, lots of opportunities for networking, learning from brilliant people, etc.
-I liked it much more than UF on my interview day, but it's hard to quantify how much it would realistically differ from UF in terms of how much I like it day-to-day
Clearly, the only logical reason to go to Harvard is to make my chances of specializing about 100%; there is no other good reason to take out $147k more in loans. However, I don't necessarily know I want to specialize. If I did go to Harvard, I would essentially force myself to specialize since there is no good reason to go there if not to specialize; I'm sure I'll be interested in at least 1 specialty quite a lot, so I'm not too worried about not ending up happy because I forced myself to specialize. It'll be fine.
There are 4 possible scenarios once I'm out of dental school:
Harvard w/o specializing: idiotic choice, I won't be doing this
UF w/o specializing: $290k debt; a very good career choice
Harvard with specializing: $437k debt + residency cost; almost guaranteed to get into the specialty/school I want
UF with specializing: $290k debt + residency cost; not guaranteed anything in terms of specializing really but it's still mildly secure since I should be in the top-ish percentile of my class still
Realistically, I'll perform well enough in dental school to be competitive applying to residencies. This fact alone makes going to Harvard to ensure my specialization less appealing because I could, probably, end up in the same situation/specialty after dental school but with $147k less initial debt (after interest accrues over 10-15 years, the cost of Harvard is closer to $300k).
Is the guarantee of specialization, along with the other less major benefits of going to Harvard, worth $300k long-term? Broadly speaking, specializing increases expected lifetime earnings by millions of dollars potentially based on BLS data. That's not a bad investment in the long run to secure a specialty for myself.
Any feedback would be great! Thanks for reading.