BSchoolorBust wrote:
Hey guys, I'm a R2 applicant, and I've gotta say, the more I read about LBS, the more excited I get. However, the one thing that bothers me a little is the cost - factor in the pound, the cost of living in London, and things start to get a little expensive. I'm wondering how you guys (especially internationals) are thinking about this, especially in the current economic downturn?
BTW, I'm not looking to get into investment banking or consulting post MBA (hours too long) and I'm starting to worry about graduating with a huge loan on my back. I'm also not from a rich family and already have a smallish loan I need to pay off - I'm in net debt right now ... mainly for personal reasons (illness in family).
What are your thoughts on this?
Have you seen the pound lately? $1.4633 per 1 Pound is the exchange rate. It's dirt cheap, but who knows how long it will last.