jcl2 wrote:Desert Fox wrote:I'm of the opinion that going to a lower ranked school at half tuition is often a much worse risk than going to a t14 at full tuition, especially in this economy.
100K in debt for and needing to be top 10% at Forham and UIUC, or 200k needing to be top 40% at NU or Cornell.
A 90% chance you are going to be making 50K in an expensive area, with 100K in debt is a really terrible bet.
I disagree, 100k in debt, while not insignificant, is manageable on a 50k salary, 200k would not be. Since there is a significant chance of not getting biglaw in either situation I think the lower T14 for 200k is the bigger risk. If you will not be satisfied with anything other than biglaw, you should probably not go anywhere outside the T6 IMO.
It depends on how risk averse you are. The T14 is double the cost for quadruple the chance of biglaw. Statistically speaking, it's the winning strategy.