Is Tulane Worth $120K?
My passion is trading so I'm hoping for a career in S&T. I've been accepted to Tulane with a nice scholarship, but I'll still probably end up with around $120K cost. From what I've found, it seems Tulane places well into Houston energy trading, but does that go for undergrad as well? The other main option is going to state school for very low cost and perhaps transferring. Money IS a factor, but it's not the highest concern.
well what state school is your in state school out of curiousity?
University of Oregon, quite the non target, eh.
Well think about it this way unless you have scholarships at oregon, which i'd image you do. It would be about 20k a year = 80k after 4 years at Oregon. Tulane is 120k that is a 40k difference, and that diffrence might be obsolete if you can get the job you want easier from one school more so than the other. That 40k difference could have less of an impact if you are willing to work during the school year, and get better summer internships.
From what I understand Tulane places very well into energy trading. If that is your goal Tulane will probably get you close there than Oregon. You have to take more than these things into consideration, no one here knows you financial situation or you personality more than you do.
Do you have other options besides Tulane / Oregon?
Thanks for your advice Sham Wow. But at U of O, I'll likely get the Presidential and Summit scholarship bringing the four year total to $24K. Blackrainn, I've been accepted to:
-University of Oregon -Tulane -University of Denver -Carrol College -University of Portland
Rejected: -UPenn
Applied: -Northwestern -Carnegie Mellon -American University
Considering applying to: -Rice
My advice is to stay away from American University. If money is a concern, you will not get a good return on your investment. You'd be better off at Oregon.
Go to Tulane, accrue some debt, work your ass off, be extremely competitive by the time Jr. year rolls around (have a relevant internship for S&T, have a solid GPA, do not change your mind in regards to your career path), and spread some magic all over those on-campus S&T recruiters. BOOM, there ya go!
If you want Energy, go for Rice, work your a** off on that application. I have met many people from Rice here that work in the industry. The school is in a prime location, which means you can network much better as well.
Do you have any idea what you want to do after graduation? Do you want energy trading or are you just considering it because you have heard that Tulane places well into the field?
I'm not sure what field of trading I'll prefer, as my experience is limited to my personal trading account and a bit of research. But yes, from what I've found it seems that Tulane places well into energy trading, and I can't imagine why I would dislike energy trading.
After graduation, I'd like to get some work experience, which is why career placement is so important to me.
Idk how much research you've done on tulane but here is a link to the energy program.
http://www.freeman.tulane.edu/energy/students.php
I'm sure the students who get into that program as an undergrad have good placement in energy trading, however Rice,Northwestern and CMU are a little more prestigous across the board.
4 years of college for 24k? Be a standout at Oregon and with preparation you should be able to get something. Going to a target basically makes up for being unprepared and not hustling during recruiting.
120k loan. 10 year payback @ 6% interest. Enjoy that $1300/month loan payment.
You can always re-fi. Or win the lottery.
A HS buddy of mine did both his ug at Tulane. Also completed the master of energy program, and now works in S&T at Citi.
So I would say yeah, it's worth it.
Not for undergrads exactly, but just for kicks about Freeman: http://poetsandquants.com/2013/01/25/u-s-news-tosses-out-tulane-from-it… http://poetsandquants.com/2013/01/17/who-cooked-the-books-at-tulanes-b-…
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