Pace University - New York

Date: Dec 02 2014
Major: Finance (This Major's Salary over time)
The only good thing "I" can say as an much older student (late 40's) good about this school is that it's located in the immediate area of the companies I wanted to apply to for internships, co-ops and employment. But I must admit I feel like the odd man out at recruiting events with students from Columbia, NYU and Fordham representing Pace but the credentials that got me in the room was my NEU gpa. Beyond that I regret leaving the 42nd ranked university to come to the 173rd ranked university solely on the basis of receiving a scholarship. Would you believe they have the audacity to charge the same tuition cost as the 42nd ranked university! To start, I received my scholarship offer in May, but they said I had to pay a refundable $100 fee to reserve it, ding. The first flag went up. I researched prior to applying to ensure myself that all transferring credits would be accepted, I found their acceptable transfer list of credits from my school and said ok, here's the refundable $100. A month later I received the transcript of transfer credits that they've accepted and 17 3 credit hour classes were reduce to 2 credits. When I called to question this I got a student assistant that didn't know what or how to explain it. In the interim, I'm still waiting for my scholarship letter to sign so my financing can be applied. I didn't get that until Dec 8. While I'm waiting they're sending me dunning letters like its my fault the scholarship letter wasn't signed. This went on for 7 months. Meanwhile, I'm a jr transferring in, but due to the reduction in credits I'm barely a sophomore. I'm sitting in sophomore classes I had already taken, I'm very disinterested and inattentive. I requested to appeal this gross injustice and I'm told there is no formal process to do so, me having done my research, point out that their transfer list states there are exceptions made so how could there not be a formal process if their policy is the provost can make exceptions. While this is going on I have another 10 credits that haven't even been considered since I transferred in in September, which are also on the list as transferable credits. Now this is 26 credits unapplied. To make this story short, I spent one semester at this school and that was enough to know I don't want to represent this school in anyway, shape, form or fashion and I transferred back to NEU. While I was there I heard staff making calls to former graduates stating the school was rescinding their degree because the school made an error in calculating their credits. Make no mistake this is a for profit school. I happened upon their financial statements and that explained why they were using dell computers, antiquated software and still using paper as opposed to being paperless when the push is to reduce carbon footprints nationally. Their endowment shows $137m but they're carrying $153m in debt. Now that explains why they accept 81.6% of their applicants and NEU only takes 34%. It also explains why the wifi is so bad you can barely do homework and that's while sitting in the library on campus. It also explains a great majority of their study body are international students paying annual tuition of $16k versus the $60k they charge US students and about 35% (being generous)national students. Parents, if you want your child to get a quality education and you're footing the bill. I don't care how much they want to be in NYC, if the school isn't Columbia, Cornell, NYU or Fordham, send them to Boston to Northeastern, Suffolk, UMass Boston, Boston U, Boston College, MIT, Harvard. I'm a former executive from JP Morgan who's gone back to school, trust me you don't want to spend your money here for your child's education. You'll regret it when your child is competing against students from the schools I mentioned about or Maryland University, Georgetown, George Washington U, American U, Catholic U, George Mason U or one of your more respected Jr colleges.