Quote from: justin1104 on January 23, 2010, 08:51:34 AMQuote from: OG Loc on January 22, 2010, 10:49:38 AMQuote from: justin1104 on January 16, 2010, 11:28:47 AMI'm still waiting to hear back from a handful of the top schools I applied to (Berkeley, U Chicago, Northwestern) but I'm kind of assuming I won't get into those schools and I'm trying to narrow it down to the schools that I have been accepted to.The main ones I'm considering that I've been accepted to are:Boston UniversityFordhamUC HastingsTulaneU MinnesotaSo far, Fordham has offered me a $5k per year scholarship, and Tulane has offered a $25k per year scholarship. I feel like that $75k is going to make a huge difference in eliminating the need for student loans and it's making me consider Tulane pretty seriously. But am I just not looking at the big picture and should just try to go to the highest ranked school I can get into (in this case BU)? I'm having a very difficult time making a decision.Of those I think the only one that can even be argued to be worth full price is BU (UofM/UC-H only if in state), but it would still be a substantial risk...a lot of people would even tell you that paying full at places like Penn or Northwestern is a bad investment these days. Personally I wouldn't go that far, but realize that the debt you will accrue at expensive schools is no joke (150k - which would be on the low end if you don't have any savings - equals about $1800 in monthly payments for a 10 year term), and the odds of getting a high paying job to pay it back and live comfortably are not that good, even if/when the legal market comes back around. I would guess most students at BU would be thrilled with a 60K/y job offer right now, which would be BARELY scraping by in Boston with that much debt. I don't think anyone can knock you for taking the scholarship in your situation. Also investigate LRAP options if you're interested in public service/public interest.Thanks, this was very helpful. No prob. I'm looking at schools in your range too.
Quote from: OG Loc on January 22, 2010, 10:49:38 AMQuote from: justin1104 on January 16, 2010, 11:28:47 AMI'm still waiting to hear back from a handful of the top schools I applied to (Berkeley, U Chicago, Northwestern) but I'm kind of assuming I won't get into those schools and I'm trying to narrow it down to the schools that I have been accepted to.The main ones I'm considering that I've been accepted to are:Boston UniversityFordhamUC HastingsTulaneU MinnesotaSo far, Fordham has offered me a $5k per year scholarship, and Tulane has offered a $25k per year scholarship. I feel like that $75k is going to make a huge difference in eliminating the need for student loans and it's making me consider Tulane pretty seriously. But am I just not looking at the big picture and should just try to go to the highest ranked school I can get into (in this case BU)? I'm having a very difficult time making a decision.Of those I think the only one that can even be argued to be worth full price is BU (UofM/UC-H only if in state), but it would still be a substantial risk...a lot of people would even tell you that paying full at places like Penn or Northwestern is a bad investment these days. Personally I wouldn't go that far, but realize that the debt you will accrue at expensive schools is no joke (150k - which would be on the low end if you don't have any savings - equals about $1800 in monthly payments for a 10 year term), and the odds of getting a high paying job to pay it back and live comfortably are not that good, even if/when the legal market comes back around. I would guess most students at BU would be thrilled with a 60K/y job offer right now, which would be BARELY scraping by in Boston with that much debt. I don't think anyone can knock you for taking the scholarship in your situation. Also investigate LRAP options if you're interested in public service/public interest.Thanks, this was very helpful.
Quote from: justin1104 on January 16, 2010, 11:28:47 AMI'm still waiting to hear back from a handful of the top schools I applied to (Berkeley, U Chicago, Northwestern) but I'm kind of assuming I won't get into those schools and I'm trying to narrow it down to the schools that I have been accepted to.The main ones I'm considering that I've been accepted to are:Boston UniversityFordhamUC HastingsTulaneU MinnesotaSo far, Fordham has offered me a $5k per year scholarship, and Tulane has offered a $25k per year scholarship. I feel like that $75k is going to make a huge difference in eliminating the need for student loans and it's making me consider Tulane pretty seriously. But am I just not looking at the big picture and should just try to go to the highest ranked school I can get into (in this case BU)? I'm having a very difficult time making a decision.Of those I think the only one that can even be argued to be worth full price is BU (UofM/UC-H only if in state), but it would still be a substantial risk...a lot of people would even tell you that paying full at places like Penn or Northwestern is a bad investment these days. Personally I wouldn't go that far, but realize that the debt you will accrue at expensive schools is no joke (150k - which would be on the low end if you don't have any savings - equals about $1800 in monthly payments for a 10 year term), and the odds of getting a high paying job to pay it back and live comfortably are not that good, even if/when the legal market comes back around. I would guess most students at BU would be thrilled with a 60K/y job offer right now, which would be BARELY scraping by in Boston with that much debt. I don't think anyone can knock you for taking the scholarship in your situation. Also investigate LRAP options if you're interested in public service/public interest.
I'm still waiting to hear back from a handful of the top schools I applied to (Berkeley, U Chicago, Northwestern) but I'm kind of assuming I won't get into those schools and I'm trying to narrow it down to the schools that I have been accepted to.The main ones I'm considering that I've been accepted to are:Boston UniversityFordhamUC HastingsTulaneU MinnesotaSo far, Fordham has offered me a $5k per year scholarship, and Tulane has offered a $25k per year scholarship. I feel like that $75k is going to make a huge difference in eliminating the need for student loans and it's making me consider Tulane pretty seriously. But am I just not looking at the big picture and should just try to go to the highest ranked school I can get into (in this case BU)? I'm having a very difficult time making a decision.
If you have any questions about Tulane, let me know. I promise to answer candidly.
Quote from: OG Loc on January 23, 2010, 03:46:07 PMQuote from: justin1104 on January 23, 2010, 08:51:34 AMQuote from: OG Loc on January 22, 2010, 10:49:38 AMQuote from: justin1104 on January 16, 2010, 11:28:47 AMI'm still waiting to hear back from a handful of the top schools I applied to (Berkeley, U Chicago, Northwestern) but I'm kind of assuming I won't get into those schools and I'm trying to narrow it down to the schools that I have been accepted to.The main ones I'm considering that I've been accepted to are:Boston UniversityFordhamUC HastingsTulaneU MinnesotaSo far, Fordham has offered me a $5k per year scholarship, and Tulane has offered a $25k per year scholarship. I feel like that $75k is going to make a huge difference in eliminating the need for student loans and it's making me consider Tulane pretty seriously. But am I just not looking at the big picture and should just try to go to the highest ranked school I can get into (in this case BU)? I'm having a very difficult time making a decision.Of those I think the only one that can even be argued to be worth full price is BU (UofM/UC-H only if in state), but it would still be a substantial risk...a lot of people would even tell you that paying full at places like Penn or Northwestern is a bad investment these days. Personally I wouldn't go that far, but realize that the debt you will accrue at expensive schools is no joke (150k - which would be on the low end if you don't have any savings - equals about $1800 in monthly payments for a 10 year term), and the odds of getting a high paying job to pay it back and live comfortably are not that good, even if/when the legal market comes back around. I would guess most students at BU would be thrilled with a 60K/y job offer right now, which would be BARELY scraping by in Boston with that much debt. I don't think anyone can knock you for taking the scholarship in your situation. Also investigate LRAP options if you're interested in public service/public interest.Thanks, this was very helpful. No prob. I'm looking at schools in your range too.Just out of curiosity, where are you thinking about going (or have you made a decision)?
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