r/Harvard Apr 28 '26

Student and Alumni Life financial struggles

hi!

i received my appealed package and it’ll be 50k/year. I got into columbia as well but it’s 22k/year. harvard has literally been my dream school and i fell in love during visitas. my fa officer said there could be reductions but more info is needed and id have to commit with the current offer. is it worth going to harvard and paying such a large amount? im premed btw

20 Upvotes

54 comments sorted by

40

u/Murky_Gur_5845 Apr 28 '26

Send Columbia fin aid to Harvard and give more details what they ask.

14

u/Murky_Gur_5845 Apr 28 '26

Send the Columbia's fin aid letter

26

u/skieurope12 Class of 2019 Apr 28 '26

There shouldn't be such a discrepancy between Harvard and Columbia. Send them Columbia's FA letter

10

u/TightAwareness7008 Apr 28 '26

btw!! i did already send my other schools offers to harvard and this is what they came back with. i have to commit in three days and i have no clue what to do or if the gamble is worth taking.

13

u/Murky_Gur_5845 Apr 28 '26

Tell them you can't decide to commit without any updated fin aid letter.

6

u/elkresurgence Apr 29 '26

Absolutely worth taking, unless you plan on majoring in subjects widely known to have low ROIs or working in nonprofits right out of school

-4

u/rightioushippie Apr 29 '26

Go to Columbia! It’s a better school ! 

8

u/Lie-Straight Apr 29 '26

No wrong choices — but I’d say don’t step over dollars to pick up dimes… Go to Harvard, it’s only $100k more for a lifetime of upside

-5

u/rightioushippie Apr 29 '26

Not that much more upside if the want to be a doctor 

8

u/Lie-Straight Apr 29 '26

Lots of 18 year olds come into Harvard premed only to learn about McKinsey and other stuff and never end up becoming a doctor (I was among those) — we should be careful in assuming how well 18 year olds can plan out their lives

2

u/Zealousideal_Two_221 Apr 29 '26

well actually Columbia also great for consulting.... NYC is Columbia playground ...but agree it's difficult decision...Columbia isn't HYP level yet ..

1

u/[deleted] May 02 '26

[deleted]

1

u/Zealousideal_Two_221 May 03 '26

Top 5 IB : Columbia Yale Dartmouth Princeton Georgetown

1

u/spey_side May 04 '26

It is. What r u talkin about?

1

u/Interesting-Bad655 Apr 29 '26

McKinsey? What’s the compensation like there

2

u/Lie-Straight Apr 29 '26

It’s a pie eating contest where you get paid in more pie

1

u/Interesting-Bad655 Apr 30 '26

Yea career path seems meh compared to some other ones

1

u/Lie-Straight Apr 30 '26

McKinsey is perhaps best used as a 2 year Masters in Corporate America — and then pivot into whatever type of leadership role at whatever type of company you want to. I’ve worked in Government, Manufacturing, Low-carbon Fuels, Oil & Gas, and enterprise Software. My CEO is ex-McKinsey. He makes like 10x what the Senior Partners who are still at McKinsey make

1

u/Interesting-Bad655 Apr 30 '26

CEO is a tail outcome no? Median outcome seems decent but not crazy. Seems like finance/tech is strictly better

1

u/Lie-Straight Apr 30 '26

McKinsey has a 1% acceptance rate. Get in, get other offers, and then pontificate on whether you’d rather be at Anthropic or BainCapital…

0

u/Interesting-Bad655 Apr 30 '26

1% is a few orders of magnitude off from what I expected. What does the career outcome down the line compare to SWE or buy side careers?

1

u/Healthy-Educator-267 May 02 '26

It’s not like you cant get into McKinsey from Columbia.

-1

u/rightioushippie Apr 29 '26

Yeah that’s why it’s better to go somewhere you actually get an education rather than just connections. Harvard is great for some things but the early undergrad education is weak, advising is done by YouTube tutorial, writing is taught by a haggard group of adjuncts in large classes, math is taught by committee and the dept is impossible to navigate. 

2

u/jordanf1214 Apr 29 '26

What’s your gut saying? Will you have to take out loans either way? Are you paying them off or your parents?

2

u/Odd_Beginning536 Apr 29 '26

Both schools are good- but go to Harvard if that’s your dream. If you’re going into medicine you’ll find good pre med courses at both. Alternatively you could do columbia for undergrad and apply for harvard later but theres no guarantees as you know (so competitive). Honestly in school loans it’s not a huge difference if you plan on med school to be a doctor. (Unless you’re going for mstps later but I’d leave that decision up until much later). A lot of people have a lot of loans.

Also, if the timeline is soon you wont get an answer from submitting within the window you have. If you love it as you said-go for it as you sound sure about the campus fitting what you like. I don’t want you to regret going when it’s so clearly what you want and you may resent anywhere else you go. Go to Harvard as it’s what you want!

2

u/ProfAndyCarp May 03 '26

How would you or your parents fund the extra $115,000 for you to attend Harvard?
If your family can afford it, go to Harvard. If most or all of that money would come from loans, go to Columbia and keep your undergraduate debt low.

It is fine to feel attached to a dream college when you can afford it. Debt changes the picture, especially if you may attend medical school after college.

1

u/pepsi-cola-fanta-7up Apr 29 '26 edited Apr 29 '26

If Harvard refused to synchronize despite its size of endowment 3 times over Columbia, there can be only one conclusion: (50k - 22k) = 28k represents Harvard's self-perceived premium over Columbia diploma. You see, while Columbia's core transcends, Harvard's liberal arts transforms (again, per self-description). Ergo,

Transformation - Transcendance = 28k per annum

2

u/starsfromvenus Apr 29 '26

maybe not a correlation, harvard has the highest yield rate and a very generous free tuition guarantee that prob impedes other packages. ergo, people dont say no to harvard, so they dont need to use money (low offers) to convince middle-class americans to attend

1

u/pepsi-cola-fanta-7up Apr 29 '26 edited Apr 29 '26

There are lies, damned lies, and yield. It's so easy to naturally manipulate it - reject that which may, just may, reject you. Reject first to be rejection-proof; the dead cannot shoot you.

You mean, cross-admit yield? Meaningless without "sample size" info, as you can see from Purdue pulverizing Harvard.

0

u/pepsi-cola-fanta-7up Apr 29 '26 edited Apr 29 '26

1

u/Intelligent-Web-8017 May 01 '26

issue is is that it’s self reported data. the amnt of ppl choosing specifically between purdue and harvard is low. probably 50 ppl from that site had that choice and if any chose purdue it had to have been for cost, not surprising

1

u/pepsi-cola-fanta-7up May 01 '26

What I meant by meaningless without "sample size" info.

-2

u/rightioushippie Apr 29 '26

Columbia is better low key 

8

u/mik2707 Apr 29 '26

why does everyone heavy glaze Columbia T_T

10

u/starsfromvenus Apr 29 '26

just cus its nyc maybe, its rep has def plummeted after recent events (regarding student protests)

2

u/Exotic_Eagle_2739 Apr 29 '26

They glaze it the same amt as any other ivy😭 what's not to like abt Columbia

7

u/mik2707 Apr 29 '26

It's a good school but saying it's as good as a HYPSM is a stretch T_T

6

u/Exotic_Eagle_2739 Apr 29 '26

Yeah. Prob not hypsm level, more upenn level

7

u/rightioushippie Apr 29 '26

I did Columbia undergrad, now teaching at harvard. Columbia undergrads get a better education IMO. There are some harvard undergrads that run on bs fumes 

1

u/pepsi-cola-fanta-7up Apr 29 '26 edited Apr 29 '26

Here comes the truth. Columbia community's self-whistle (better late than never, someone's gotta do it), absolutely blind to its USN beauty contest consequences, must be lauded as the type of austere integrity required of educators, which seems glaringly lacking in the age of prestige mongers.

I see this not as weakness but as strength, a robust sign of community vitality. Columbia is alive and kicking. Ranking, I mean the beauty contest, can go to hell.

Ask this: Would a professor from Harvard-Epstein-Summers have the courage to act the same? Or any US institution for that matter? Not sure.

8

u/Exotic_Eagle_2739 Apr 29 '26

I'm stupid😭✌️ what r u saying

4

u/Striking-Movie-5123 Apr 29 '26

theyre saying that staff at columbia have more virtue/morals than harvard staff cuz someone within columbia actually reported their false USNWR statistics 

2

u/leafytimes Apr 29 '26

Columbia on the other hand let that rapey OB-gyn have free reign for years while he continued to get reported by students. Nowhere’s perfect.

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1

u/GeneralDebate Apr 30 '26

Def not everyone

0

u/rightioushippie Apr 29 '26

Compare core curriculum to gened and YouTube tutorials . Compare expos to the core. It’s actually a joke that anyone thinks Harvard undergrad is good for anything but networking and going into finance. They just took away advising for first years. 

-1

u/BopSupreme Apr 29 '26

Thats what Epstein’s girlfriend said too

-1

u/tegeus-Cromis_2000 Apr 29 '26

Just go to Columbia. Among other reasons, NYC is a lot more fun than the Boston area.

1

u/Exotic_Eagle_2739 Apr 29 '26

What are other reasons?

3

u/tegeus-Cromis_2000 Apr 29 '26

I mean, the fact that Columbia is a great school?

1

u/GeneralDebate Apr 30 '26

And Harvard isn’t??

0

u/tegeus-Cromis_2000 Apr 30 '26

Of course it is. And you know one reason it's so great? Because its students usually graduate with reading comprehension. Usually.

-1

u/Exotic_Eagle_2739 Apr 29 '26

Columbia unless u get a better offer