Pepperdine with money or Fordham (NYC)?
Tough call. Obviously, regional reputation and placement is important, but Fordham is also a much better school, and it's just not easy getting jobs from Pepperdine.
If you felt you could place well at Fordham, and get Biglaw, you could always transfer to a Cali office after a few years. On the other hand, if you could place really well at Pepperdine (which has a less competitive class), you could probably get a decent job there starting out.
Personally, I'd leverage my Fordham acceptance into greater $$ from Pepperdine if possible. It's a great location, and if you graduate without debt, the job search won't be so painful.