QUOTE(strategist @ Mar 2 2012, 09:57 PM)
just one question.... I got an offer from Imperial College. Is it worth the extra 50% cost to study in a very prestigious university over an equally-prestigious university like University of Bristol?
I'm taking Mechanical Engineering. If we take into consideration that Imperial is one of the best in the world for engineering... does that make Imperial the better choice regardless of its fees?
Wow. GBP 24,500 vs 16,750. I'm taking Mechanical Engineering. If we take into consideration that Imperial is one of the best in the world for engineering... does that make Imperial the better choice regardless of its fees?
Bristol almost look cheap for Eng assuming my figures are correct, since non-Eng, non-lab science subjects at LSE cost GBP 15,200 each, and the same at Warwick probably costs upwards of GBP 13,000. But I have never paid any mind to Engineering fees so I don't know what other schools charge, except that if you do Engineering at a regular public university in Australia it roughly costs the same as an LSE degree, which means instant savings vs schools like Bristol.
It's simple Economics. Are you willing to spend that 50% more (8000 pounds!) for the benefit you perceive? Is it too much? At this point all you have is reputation and rankings, unless you have visited the school and faculty. You have nothing concrete. Maybe you have friends there. I could say the same for any of these schools that partially rely on internationals.
I don't know if Bristol is anywhere near as prestigious as Imperial, but that's 32,000 pounds over the length of an MEng. That's two years at Bristol, almost 1.5 years at Imperial. And it's Imperial, not Cambridge which at least has a far bigger name (honestly, few outside of academia really know about Imperial, except maybe students like you who find out about unis - sometimes Imperial comes higher, sometimes UCL, and in England, sometimes Warwick, but nobody knows them!).
Are you wealthy enough? You buy the best food you can afford, up to the point where it is no longer "worth it" (such as special pills with claimed health benefits that may cost hundreds of dollars for a tiny container, or expensive, small dose drugs) or affordable. So I suppose you extend this to all purchases, determining how much value each good/service represents.
Try to get a scholarship - very hard, but it'll be worthwhile. Quite simply, if you can easily afford to go to Imperial and do not expect to need the almost 40,000 pounds (that's the value after tuition hikes and time value is accounted for) for near-future use (medical, property etc), go there.
Mar 2 2012, 10:27 PM
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