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Business Decision: what is the long-term value difference for private universities?

Posted on 3/3/23 at 7:43 pm
Posted by Turf Taint
New Orleans
Member since Jun 2021
6010 posts
Posted on 3/3/23 at 7:43 pm
...such as: Baylor, SMU, Tulane, etc.?

Not Ivy League
Outside the top 50ish universities
But lots of $

For a business or finance degree

Justify (or not) the $160k minimum degree cost for this tier of private universities for these degrees, please.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
73681 posts
Posted on 3/3/23 at 7:44 pm to
Connections

Put a price on them.
This post was edited on 3/3/23 at 7:45 pm
Posted by saint tiger225
San Diego
Member since Jan 2011
37422 posts
Posted on 3/3/23 at 7:45 pm to
The Loch Ness monster told me it's about tree fiddy of a difference.
Posted by TheWalrus
Member since Dec 2012
40786 posts
Posted on 3/3/23 at 7:52 pm to
Career wise virtually nothing, probably a better college experience though
Posted by baldona
Florida
Member since Feb 2016
20544 posts
Posted on 3/3/23 at 7:55 pm to
Difference compared to what? A public school? There are sec schools that rank better than those. It all depends on what you want to do and where you want to live when you graduate, as well as everything working out as far as ur making as much sense at 22 as it did at 18 years old.
Posted by MusclesofBrussels
Member since Dec 2015
4547 posts
Posted on 3/3/23 at 8:16 pm to
quote:

Not Ivy League
Outside the top 50ish universities
But lots of $


Tulane has never been outside of the top 50, at least not consistently. Typically bounces around high 30s to mid 40s.
Posted by tigerfive
Member since Nov 2020
492 posts
Posted on 3/3/23 at 8:17 pm to
Look at Western Governors University. Private not- for-profit university that's 4x regionally accredited. Their college of business is fantastic, they allow acceleration, and their grads are working for tons of big companies. My total out of pocket was less than 25k for my 4 year undergrad. It's a legit alternative to going broke for college education.
Posted by Jyrdis
TD Premium Member Level III
Member since Aug 2015
12826 posts
Posted on 3/3/23 at 8:46 pm to
quote:

Western Governors University


Was hit with a $700m fine by the DoE for crap online courses. Somehow, they were able to negotiate out of that.
Posted by KillTheGophers
Member since Jan 2016
6235 posts
Posted on 3/3/23 at 8:52 pm to
Quant

University of the South

U r welcome
Posted by Ric Flair
Charlotte
Member since Oct 2005
13683 posts
Posted on 3/3/23 at 8:53 pm to
For business/finance, the Tulane name will impress the people hiring for the investment firms in NYC, much more so than LSU/Ole Miss/etc. Plus there are a lot of people from NY/NJ who go to Tulane, who have parents/connections who work in investment banking. If you plan on staying in Louisiana, probably a better ROI to go to LSU.
Posted by CitizenK
BR
Member since Aug 2019
9662 posts
Posted on 3/3/23 at 8:57 pm to
Connections bigtime. Not that they cannot be had elsewhere like a friend (RIP) who at University of Texas had one of the Hunt family as a roommate along with another guy in a 4 BR apartment and the 4th BR a grow room for weed in the early 1980's.

A older friend who died at 90 a year ago went to one of the Ivy League feeder prep schools and made lots of connections for capital when he left being a math prof to oilman. He never had to borrow money for oil deals but would bring in other investors for wells and fields he had a piece of globally.

Capital looks for investment opportunity and why GHWB went to Midland, TX to find and invest in oil deals for his family.
Posted by Texas Ram
Member since Sep 2020
1120 posts
Posted on 3/3/23 at 9:49 pm to
One daughter TCU
One daughter Baylor

both have serious degrees....Business and STEM. Worked their arse off.

The connections to the wealthy are legit...a lot of California and East Coast money sent their kids to TCU and Baylor.
Posted by tigercross
Member since Feb 2008
4918 posts
Posted on 3/3/23 at 10:03 pm to
Once you get outside of the top 50 there really isn’t a benefit. Go to whatever state school has a good program that you’re interested in and has a track record of students getting hired. Being debt free at 22 is very nice
Posted by BearsFan
Member since Mar 2016
1283 posts
Posted on 3/3/23 at 10:09 pm to
As someone who went to one of those schools. I would only do it if you get a full ride or your parents can pay. A lot of my friends are successful after graduating from there, but if you had to take out the loans I don’t think it would be worth it over a state school.
Posted by LSUScores
Member since Oct 2015
985 posts
Posted on 3/3/23 at 10:18 pm to
Maybe, but who the f wants to live in ny or nj? Hard Fricking pass.
Posted by TomRollTideRitter
Member since Aug 2016
12632 posts
Posted on 3/3/23 at 10:19 pm to
quote:

...such as: Baylor, SMU, Tulane, etc.?


I went to public school, but I will say the average student I interview from these schools is usually much more impressive than the average student from even highly ranked public schools like Michigan, UCLA, and Florida.

I wouldn’t recommend taking out a ton of debt for it, but if the parents can afford it, I think it’s a better education.
Posted by BearsFan
Member since Mar 2016
1283 posts
Posted on 3/3/23 at 10:32 pm to
quote:

the parents can afford it,


I think any path that gets you a worthwhile degree with little debt when in entering the workforce at 22 is a good thing.

I did have friends who took out big debt for liberal arts degrees and I don’t think that was wise at all.
Posted by TomRollTideRitter
Member since Aug 2016
12632 posts
Posted on 3/3/23 at 10:41 pm to
quote:

I think any path that gets you a worthwhile degree with little debt when in entering the workforce at 22 is a good thing.


100% and this is why I always have encouraged the consulting firms I’ve worked at to recruit from more schools.

Nowadays, the cost of college is too prohibitive and the admissions criteria too subjective to assume a student at highly-ranked college A is better than a student at lower-ranked college B.

There are definitely better and worse universities, but the spread of talented students is much more broad than it used to be.
Posted by WinnaSez
Jackson, MS
Member since Mar 2019
1021 posts
Posted on 3/3/23 at 10:42 pm to
For undergrad I would say zero. Grad school, definitely worth the money.
Posted by ChickennBiscuits
San Francisco
Member since Nov 2019
343 posts
Posted on 3/3/23 at 11:01 pm to
Maybe for MBA….but not at all for undergrad.
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