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Ah yes, forgot to mention that. But Buffalo university itself doesn't, you'd need to complete the requirements / do it with the state. Then you can get IS status.
The Most Ridiculously Expensive Dental Schools Thread
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Ah yes, forgot to mention that. But Buffalo university itself doesn't, you'd need to complete the requirements / do it with the state. Then you can get IS status.
During the interview, they said they'd never had a student get denied who filled out the paperwork on time. So it's pointless to calculate 3 extra years of OOS. From 4 years of school with 6% interest and a 4% increase in tuition every year plus housing, you'd be looking at $335,000 in debt.
Year 1 - $117,000
Year 2 - $76,000
Year 3 - $73,000
Year 4 - $66,000
Yes, you're correct. Although there are people from outside of the U.S that can't get IS tuition regardless, so for them it'll be the numbers I quoted.
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deleted696582
Now that the acceptance euphoria is wearing off, the harsh reality of massive debt will take its place.
Ok, here we go.
I found on their website, the total of all the fees, and tuition. Then I added in living cost of 1,500 per month. For OOS, this gives
D1: $99,900
D2: $121,360
D3: $121,360
D4: $123,360
Now, adding 6% compound interest, each year becomes:
D1: $126,121.40
D2: $144,541.70
D3: $136,360.10
D4: $128,641.60
MUSC Grand Total (For OOS): $535,664.80
I did an in-state calculation, which totals: $382,154.80.
However, for fun, I added in a 3% tuition increase per year, which gives a OOS total of $547,951.10, and in IS total of $390,809.20.
Also, I noticed in their fees that if you are an international student, there is an additional fee of $100,000 per year (added to the out of state tuition).
can you please do this for Temple? 🙂
Weird, the original list has it listed, and I remember doing the calculations for it, but I don't see it anywhere, so I'll post the breakdown here.
For Residents
Tuition + Fees + Living costs (estimated $1,250 per month)
D1: $86,120
D2: $89,192
D3: $86,192
D4: $81,226
Adding in 6% interest, annually this changes each year to:
D1: $108724.52
D2: $106,229.10
D3: $96,845.33
D4: $86,099.56
Grand total for PA residents: $397,898.50
For out of state students, the tuition is $7,000 higher per year.
So, the total for OOS (tuition + fees + living costs at $1,250/mo + 6% annual interest) = $428,271.10
Grand total for Non-PA residents: $428,271.10
So the total between residents and non-residents doesn't look like that much. But, it's actually the cost of a pretty nice brand-new car.
Except for you of course, Mr. HPSP 😀
Must be a big scholarship you are getting.Thank God UMKC is only 224 for 4 years with living expenses included. Minus my scholarship...I feel like I'm going for free
😳 do you or anyone else know if they do scholarships? so far this is my only acceptance
Aye matey!
Haha, so I looked up living costs in Boston. Apparently the average renter in Boston (with one roommate) lives on 1,500 per month (at least according to this).
In this situation, here's what you'd expect:
Cost per year attendance (including fees): $83,394
Living expense per month: $1500 (per year = $18,000)
Annual interest: 6%
Adding everything up (including interest) each year becomes:
D1: $125,735.13
D2: $118,618.048
D3: $111,903.8184
D4: $105,569.64
Grand Total:
$461,826.64
I screwed up the rent in the calculation, I put 1800 and not 18000. So yeah, kinda pricey actually.
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Lol there we go, much more in line with what I expected.
Sure thing Zeenie!!
Cost varies by year, between 73,000 - 84,000 per year
Living costs - as estimated by school
6% interest annually accruing
Each year becomes:
D1: $100,542.40
D2: $100,572.96
D3: $83,823.93
D4: $79,434.28
Grand total (In-State): $364,373.58
Thanks to @auoso for finding an error here.
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Pretty sure that's more expensive than Harvard and UDM. What the...
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Dude, it does not cost $1500 to live in Westwood. I lived very comfortably for around $750/month for rent and another $300 for food (I ate out a lot).
Pretty sure the 'tuition' you're quoting here is the total cost inclusive of living expenses and equipment. You've double counted living costs in your calculations.
You're right, hold on let me update it. Thanks for the correction.
If you can make a more accurate cost estimate, then go for it.
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Thank you so much! 🙂
The cost of tuition for Nova is all in the brochure from the folder they give you at the interview, as well as the cost of dental instruments/equipment for each individual year, which is not included in the tuition. According to my tour guide they no longer use textbooks; the students petitioned to get rid of them to reduce costs since people didn't use them anyway. They just use powerpoint presentations from their professors to study.
Is it possible you can do one for Maryland?
The demand is there.
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There is no reason for the rate of increase at most schools. A classmate shared this document with our class last year. She is pretty passionate about student debt. The debt has gone from a luxury car to a fairly nice family house. It's outrageous
http://www.adea.org/publications/tde/documents/allpredoctoralstudentdebttuitiongraphs.pdf
http://www.adea.org/publications/tde/documents/allpredoctoralstudentdebttuitiongraphs.pdf
The legend did provide it
All these numbers look terrifying. But how much are ya'll actually going to spend repaying your loans once you finish school? Unless your goal is to pay off your loans as quickly as possible, I'd imagine one would repay them with as little as possible. I think there is a minimum right? I personally think its a good idea to enjoy life a bit after so much schooling rather than to spend most of your salary on loans... just my .02 cents. 😀
Yeah that's a nice thought until you realize you're paying around 2x the total cost of school after 20+ years of interest...lol
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How did you get 15k/yr as cost of living?
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deleted696582
You could pay the minimum monthly on a 25 year extended repayment plan for sure. You'd be able to spend less on loans and more on luxuries. This costs a huge extra amount over those extended repayment years though, due to interest constantly building.
Agree! Interest is a killer. But thinking longterm, it is going to take us all a long time to pay off the loans anyways, some of us a lifetime, so why not pay the minimum and enjoy the salary with better and more meaningful things? Life goes by too quickly I think, and I don't know how I feel about waiting until I am older to enjoy my hard earned salary. Each will have their opinion though, and I respect that.
🙂
Gotta start hunting for those scholarships folks.
The vast majority of people graduate with about 40k less than whatever the school lists cause of scholarships/working in the summer/getting some help.
So if a school costs 300k total, the average indebtness is 260k. This is according to a school I interviewed at.
Of course this doesn't help at expensive schools like tufts, NYU, USC etc.
The vast majority of people graduate with about 40k less than whatever the school lists cause of scholarships/working in the summer/getting some help.
So if a school costs 300k total, the average indebtness is 260k. This is according to a school I interviewed at.
Of course this doesn't help at expensive schools like tufts, NYU, USC etc.
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deleted696582
Agree! Interest is a killer. But thinking longterm, it is going to take us all a long time to pay off the loans anyways, some of us a lifetime, so why not pay the minimum and enjoy the salary with better and more meaningful things? Life goes by too quickly I think, and I don't know how I feel about waiting until I am older to enjoy my hard earned salary. Each will have their opinion though, and I respect that.
Just hope you don't lose your hands in some freak accident hahah.
That's fine for people who prefer that approach.
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deleted696582
I wonder what the average would be if military scholarships and parental support wasn't factored in?
I'll put it at $320K (you gotta balance out the private schools with state schools)
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deleted696582
Sounds reasonable. The state schools definitely bring it down.
Most state schools themselves are ~$300K now.
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