The problem is that many of us are too eager to rely on these second and third and fourth hand stories about situations we hear of and automatically assume that we will be in that same circumstance.
And way too many of us are ready to jump on any survey that has numbers and misread it to be an accurate depiction of the return on our investment. My example wasn't a fourth hand account with me assuming I'll be in the exact same position. Mine was numerous talks with actual graduates of a school about their law school experience and career prospects rather than a misconstrued magazine survey.
In any event, it's entirely clear from the data that 50 percent of the UTEXAS class does not get biglaw.
The data being one survey and "Biglaw" meaning only firms in the NLJ250? I can't disagree with that.
Your of course free to make any decisions or draw any conclusions you want (though I still think a massive data collection is a more accurate way of judging things than talking to a few graduates). My larger point is this: I just don't think that MOST students who finish at or below the median at non-T14 schools, including Texas, make biglaw OR the type of salaries that immediately justify a $150K investment. But most law schools feed the notion that everyone can get a BIGLAW job -- and that's just not the case.
As for a magazine -- for the most part, USNWR drives the law school admissions process, both for students and the schools themselves. It's why most people pick school A over school B and it's in the back of every admissions rep head when they are admitting people. And most people make their decision thinking that school A is going to dramatically improve their job prospects based upon a better USNWR ranking -- even if it involves passing up a huge scholarship. I just think this data provides some perspective about what job prospects really will be at different schools. In any event, it's a more scientific and robust data caluculation than ANYTHING USNWR gives us and everyone relies on that.....
If you read my other posts on here, I am not knocking any particular school. I think a lot of tier2 schools actually provide great value, especially if a scholarship is involved. I've also seen however how most law schools behave on admitted student days and through their mailings and I think some of it is fundamentally dishonest.