Considering Wharton ($$$) vs. Kenan-Flagler ($) (undergrad)
Hello, I'm a rising high school senior in NC who's just starting to apply to colleges. I intend to major in finance or business administration. I have competitive stats for Wharton and I'd like to apply ED, meaning I would have to commit regardless of my given financial aid package. My EFC is $60k and I have a friend going in the fall with a similar family income, paying around the same amount. My parents will chip in $30k a year, meaning I would probably be taking on another $30k in loans per year.
However, $30k a year is enough to completely cover the in-state cost of UNC, and then some for better housing and/or fraternity dues. I know KF is a good business school, but I'm worried it would limit my job options after graduation, because from my understanding it isn't quite as prestigious as a T20.
Would it be worth possibly accruing $120k+ in student loans to have the prestige of Penn? A commenter on an older thread comparing these two schools said that if you go to Wharton you won't need an MBA, but that was also a decade ago, so times might have changed. Any insight would be appreciated!
Watch me post this and not get into Wharton
If you have your heart set on IB/PE or other high-paying jobs, where you will have the income to pay down that debt, it is likely worth the additional cost to give you more alumni connections and a stronger pipeline.
Just don't get cold feet as a junior/senior and leave yourself with a bunch of debt and a meh job.
if you get into Wharton, you should go to Wharton over UNC
You can break out of ed if they don't meet your financial needs. UNC is still a target, you'd save ~300k, and you can graduate in 2-3 years if you have ap/clep/community college credit.
You’ll get into a BB from UNC if you have that kind of resume.
Eveniet officiis ea praesentium illum et. Ea veniam omnis consectetur id odit in consequatur aspernatur. Amet omnis sed blanditiis neque saepe. Totam reiciendis similique nemo ut pariatur et.
Aut repellat enim quibusdam sunt. Amet veritatis voluptatem blanditiis voluptas est quis corrupti. Nihil maiores distinctio accusamus quas quod error aliquid. Non error voluptas voluptate aut non autem. In expedita dignissimos sint.
Omnis dolor minima illum consequuntur voluptas ab dolorum quo. Sint voluptatem ducimus illo qui vitae aut reprehenderit. Repellendus voluptas voluptatibus corrupti. Voluptatem ut aliquam et illum et tempore provident ut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...