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At roughly $50,000 a year, you truly have to ask yourself the question: Is potentially owing almost $100,000 in student loans (assuming your grades are good enough to get the maximum $25,000 per year that Morehouse can provide and you stay on campus all four years) worth it to attend Morehouse?
Shoot....my twins get 3-4 emails per week from BAMA trying to entice them...Here’s one from today....Given the recent changes in travel and the opportunity to gather in large groups, we wanted to continue giving students and families ways to learn about UA Early College, even outside of regular school events and visits. We invite you to join us for one of our 30-minute Zoom sessions hosted this Thursday, March 26! Click the link below for the time that works best in your schedule and log on to learn more about this premier academic program available to high school students around the world. UAEC Info Session via Zoom - 10:00 AM (Central Time)Click to join!UAEC Info Session via Zoom - 12:00 PM (Central Time)Click to join! UAEC Info Session via Zoom - 2:00 PM (Central Time)Click to join!We hope to see you online soon to learn more about your opportunity to earn college credit while in high school through The University of Alabama! UA Early CollegeThe University of Alabamaearlycollege@ua.edu | 205-348-7083
QuoteAt roughly $50,000 a year, you truly have to ask yourself the question: Is potentially owing almost $100,000 in student loans (assuming your grades are good enough to get the maximum $25,000 per year that Morehouse can provide and you stay on campus all four years) worth it to attend Morehouse? No.Also you arent keeping that max 25k scholarship. They'll always find a reason to decrease the amount they give you. 2x I had mine decreased to help out "other" lower income students in the name of community. I heard that went to give admin bigger bonuses(What I heard...I am not able to 100% confirm this). What I did see however was everybody getting more and more loans and everybody graduating in debt. Im 30 and am still paying these loans. I cant afford a wife,kids, or a house the way other 30 year olds can. Let my experience be an example to every other kid. Going 100k in debt for an undergrad degree is a BAD choice.Picking Morehouse/Any other Private non IVY school for undergrad when your parents are not rich WILL set you back a decade.If you are rich already? Go ahead. Have mommy and daddy foot the bill, but you dont know what a 5,6,7 hundred dollar a month student loan bill will do to your life. If you can spend less than 50k getting a degree, which most in state schools will afford you, then do that. It will put you so far ahead in life.
Ivan a few minutes ago, I emailed my son with the same comments that you made about both Presidents Thomas and Wilson. I never knew what the conflict was between Wilson and the Previous head of the board of Trustees. I knew that President Wilson had a son at Stanford while Board Chairman Davidson who lives in Pasadena, California, sent three sons and significant financial contributions to Morehouse. The Atlanta Constitution-Journal called the three year campus rule a money making scheme. I think that Spelman has that requirement also. I am not certain. I know they have always required seniors to live on campus. President Thomas appears to be quite comfortable with that requirement however.
Two things I think the school should do.................1. We are a tuition dependent institution. Raise the enrollment back up to around 3,000 students, like it was when I was there.2. Get rid of the ridiculous requirement that you have to spend your first three years living on campus. I thought that was a bad idea when Wilson instituted it, and it has resulted in many students not being able to afford to attend, and many of the students graduating with much more debt, as Neymar has stated.
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