Is the University of Southern California worth full tuition?

I plan on studying Journalism at the Annenburg School and it does have a recognized journalism faculty. The school provides internships and gives undergraduates the opportunity to publish their work. The average salary after graduating with a B.A. in Journalism is $47,042 according to Bureau of Labor Studies. The University of Southern California charges $77,459 per year. They do have a tendency to overcharge, their parking fee for 1 semester is now $750 and to order a transcript the fee is $125. Their transfer orientation fee is $450 which should be free like at CalState Fresno.

I've read many articles about people who cannot afford this school. In one article, I read about this man who owed USC over $1 million in student loans. In another article, a student who got accepted with limited scholarship was finding himself in a $90,000 debt after two years and had to drop out.

5 Answers

  • 1 month ago
    Favorite Answer

    You'r relaying asking a couple of different questions.

    1. Is going to and graduating from one of the best journalism school in the country a good investment if you want to be a journalist?  Yes.  Students out of Annenburg are more more likely to get top-quality internships and then jobs with national publications.  If you go to Fresno state, you'll be lucky to get a job as a part-timer at the Frenso Bee.

    2. Is it a wise or rational financial decision to go into debt to attend a top private university?  That depends on your goals and your earning potential.  Forget the med school student who is $1M in debt.  At $80K/year, the cost of a four-year degree is $320K, right?  So, do you believe that you'd be able to repay that debt at the average income?  Do you believe you'd be likely quickly make significantly more due to both your skills and the "name brand value" of a USC degree? How much money does your family have saved up to put toward your education?  How much financial aid are you likely to get?

    If you do't think you could ever repay th debt, then you shouldn't incur the expense.  It's that simple.  

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  • 1 month ago

    Journalism is a very competitive career. That "average salary" is more accurately a median salary, so somebody who is halfway to retirement (mid 40's) and has 20 years of experience. Your actual starting salary, if you are lucky enough to find a job, is going to be far less than $47K a year.

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  • 1 month ago

    USC is a good school for journalism, but so are plenty of state universities. The U. of Texas-Austin, U. of Maryland-College Park, U. of Wisconsin-Madison, U. of North Carolina-Chapel Hill and U. of Missouri will all cost you nearly $25,000/year less. And if you're a California resident, Cal State Fresno will cost you $40,000/year less. It's hard to justify the cost of USC when you can get good journalism training for so much less elsewhere.

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  • 1 month ago

    I actually looked this up. The figure for a starting salary is not the mean salary - it is the median starting salary.

    It excludes the overwhelming majority of journalism grads that are only working part time, or occasionally.

    It includes those who are not working in a journalism field (ie sales).

    That being said, if you can afford it, and go into it with the full realization that Karen's Blog of Speculation and Made Up Stories is your main competitor, then go ahead.

    • Pearl Lederman
      Lv 6
      1 month agoReport

      It's even worse than that, it's median income, not median starting income. A median income represents somebody who is halfway to retirement (mid 40's), so they already have ~20 years experience.

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  • 1 month ago

    I don't see how you can justify that. If you have the money to go and just want to, that's one thing. But if if you have to borrow, it's a bad deal. You will struggle the rest of your life to pay off student loans.  You'll end being one of those idiots who think they should get all their student loans forgiven. 

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