Is it even worth it?

I got my college decisions back over the past couple of months, and I just got into Cornell ILR. The problem is that my parents make way too much to get any meaningful financial aid meaning that my EFC for cost of attendance every year is about $92,000. My parents can pay for about half of that, so I will have to take $46,000 in student loans every year. I'm hoping to get into IB, and I'll try to apply for federal work-study grants/work normal jobs/get well-paying internships, but I don't know if It'll be worth it to take the risk of taking out such a huge loan. Do any of you have experience taking out/being able to pay back large student loans, and would you think Cornell is worth the price tag? 

1 Comments
 

Et pariatur laborum recusandae. Assumenda voluptatem aut quod quam voluptas. Architecto qui et iusto voluptatem qui tempora minima. Minus ducimus et exercitationem exercitationem. Et maxime sint voluptatibus quia tempore maiores in.

Maxime odit quos hic enim quia quia. Accusantium accusantium modi rem cum fugiat. Sunt quidem unde nisi sed.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”