I started a Ponzi scheme. If you want in, it'll be $5,000 to play but I guarantee an 8% annual return. Interested?
I'm going to be funding my first year at Michigan primarily through loans....depending on different assumptions, I'll be taking out between $34,000-$46,000...Under what I would consider a "likely" scenario, $40,000 is a reasonable estimate.
The Goal: Use savings in years 2-5 to get down to $30,000 in debt by the end.
I gave up a funded offer at Maryland to do this...I think many would call me stupid, but Michigan is extremely strong in my field(s) of interest, and I really liked Ann Arbor (conversely, while the Maryland campus was beautiful and the department is only marginally weaker in my area of interest, I did not like College Park at all).
There are currently 1 users browsing this thread. (0 members and 1 guests)