« on: February 28, 2006, 05:46:08 AM »
So, plenty of USC or Hastings threads go up, and there's never much of a conclusive answer in terms of 'all things being equal.' But for me, all things aren't equal. I am a really poor student, so it's conceivable that I'll get grants and scholarships from UC Hastings that will cover maybe 50-60% of tuition. I can live at home and commute on BART, so my total costs in loans and cash from a year at school wouldn't exceed 15K.
I'd probably end up living at USC's campus my 1L. Assuming the best from LSN, I might get 10-15K from USC. That puts my cost, optimistically, at 35k/year in loans.
So coming out of school, I'm owing about 45-60K from Hastings, or 90-120K from USC.
If I choose to believe the $ figures coming out of USnews, I see that Hasting's 25th percentile is 66,000 to 125,000 at the top 75th, and the median is about 100. It's 90-125 reported at USC, with the median at 125.
So if i'm at the worst-case 25th percentile of Hastings, i'm earning about 100-120% of debt my first year, or possibly 200% if I do well. If I'm at USC, i'm earning anywhere from 80-110% of my debt. So some questions:
1) How seriously do I take those $ numbers?
2) At what price differential do I choose Hastings over USC? Or visa versa?
I understand that there's an lovely excel sheet out, but i'm more curious as to people's attempt to quantify 'opportunity' and 'prestige' when there is a price differential between schools.
Your input welcome..