I'm sorry. I wasn't aware I was misleading. Let me be clear- considering that T14(!) schools are competing with each other to move their OCI dates as far forward ass possible, and BigLaw firms are yanking offers, I thought people were aware that this is the worst economic climate possible for current entering lawyers. There are a few points to make:
1. If you are in-state, your cost of attendance is going to 1/4 that of going to a private school; less, if you get a scholarship. The COLA for Gainesville is great. You can graduate from this place with much less debt if you either in-state or get your ducks in a row to get in-state for your 2d and 3d years.
2. The economy will (hopefully) improve by the time the current group of applicants matriculates.
That said, it's tough out there. Law Review people are still getting clerkships and BigLaw jobs. The state cutbacks have lessened the number of positions that are traditionally available (prosecutor, PD etc.). The people at the bottom half of the class, especially the 'floaters' (those who weren't sure what they wanted to do and haven't really worried about employment) are really suffering. I have many classmates who have no idea what they'll be doing next year, and the number is much, much higher than last year.
Your prospects at UF are better than at any other school in Florida, but, like everywhere else, we are seeing the deleterious effects the current economic downturn has on the legal market. I have no crystal ball. I don't know when it will improve. My advice has always been the same- if you can go to a T14, do it. While I, and some friends of mine, chose UF for tuition/family reasons over T14 schools, I wouldn't recommend it since you don't know what will happen with that one bad exam your first year.