Barry is going to make it very difficult for you to work in the North East. But coming out with that much debt is going to be scary, unless you are in the top 10% of your law class. Its definitely a conundrum.
I have a friend who went out of market to a T4, and ended up working at the DA's office. With less debt, you could break into the legal market this way. Even if you want to do civil law, the trial experience you will get is very valuable to firms, and will open opportunities for a later lateral hire. If you take this route, plan on spending your summers working/interning in the NE at courts or DA's office. For a DA job, you aren't usually competing with the top law students.