Thursday, May 20, 2010

Picking a university

It is that time of year: Picking a university


From a recent email

A family I teach in Hamilton have a son who graduated from MAC recently. He just finished his MBA at Columbia in NYC. Paul, another student is about to graduate with his PHD from University of Chicago, he went to MAC. MAC is now in the top 100 schools in the world.

The Ottawa school has a co-op, which I’m told is an advantage.

At MAC costs are potentially lower: i.e. Housing. Large student loans really cramp a young person’s start in life. This comes from other former students.

Roger, another student went to York, for music, he is working on his PHD in music/brain research in England.

Jim, Western University, is going to UofT for a doctorate in music.

The conclusion: It’s the student’s ambition and well focused plans which make the biggest difference, with the student debt factor being a significant determinant in post grad studies. This advice comes from other students and family members who have piled up debt and are now saddled with a school debt mortgage.

I hope this helps.

(The first names of the students have been changed.)