Is Cornell worth the extra 40k debt?

Hi I'm currently finishing my freshman year in CMU's Tepper school of business and last week I received my acceptance to Cornell University's Dyson school of business (undergrad). Cornell's financial aid came out last week and I was a bit shocked at how much I had to pay: 21k a year (out of 51k, so got 30k in FA). I only paid 7k a year in Tepper at CMU, and i believe my cmu aid letter will be relatively similar.

So Cornell will cost me 14k extra a year, meaning If i transfer to cornell this Fall 2017 I would be paying a total of ~40k extra for my undergrad business education if I attend Cornell. I live in NYC so bringing back a cornell AEM degree would certainly help me.

My career goals and aspirations? I've been thinking of: IB, S&T, operations management, or maybe financial consulting. I plan to double major in Biometry (applied math/stats) if i transfer to cornell, and at CMU double major in statistics.

I need advice deciding whether Cornell' AEM degree is worth 40k more total than CMU Tepper in the long run.

Thank you very much for reading

3 Comments
 

However, I'm not completely sure what i want dive into: finance, consulting, or operations. But I do plan to do something math or stat related, and I am looking to go to wall street for decent salary because of where I live and my interests.

 

Cornell may be better for "confused" ones. You can switch to Philosophy if it's as crazy as that may be, and that $ pays off long. CMU is a north star for quants no doubt

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