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by daredreamdo » Mon Mar 17, 2014 7:35 pm
Hello,
I need some expert advice to make a career decision. I have an admit from Price college of business and also an admit from UIUC, MBA program. I know UIUC is ranked very well but it has offered very little aid. I am probably going to invest about 40K for Price MBA and about 100K for an MBA from UIUC. I was wondering if some one can comment on what choice would be preferred. A high ranked school and a loan of 100K or a low ranked school and a loan of 40K. If possible, can youplease also speculate as to how long it would take to recoup the money invested in each school. Thank you so much.
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by Jon@Admissionado » Tue Mar 18, 2014 4:30 am
Well, I can't really tell you where to go, especially since I don't know your profile intimately. But as far as the financial issue goes, the best way probably to approach is to look at the average salaries in YOUR industry from both of the schools and do some sort of calculation based on the published numbers to figure out if over the next 5-10 years you recoup this difference in investment.

Other than that, I can only highly recommend you actually VISIT both schools BEFORE you make your choice. You may be surprised by your own decision, and by how much you learn about both places.
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