mistergoft wrote:badfish wrote:mistergoft wrote:badfish wrote:
Better opportunities from HLS ≠ not being able to get in a job in any of the 5 boroughs after graduation from NYU
buzz off, troll.
Sorry Badfish I didn't mean for it to come off like that. I meant to say NYU 1Ls substantially below median. I have heard that there are a substantial amount of NYU 2Ls that haven't procured SA positions, which would suggest that they will not be making a Biglaw salary at all. Now, if this is true, what do you suggest that these students are earning and, is it worth going into almost 200k debt (as a non-scholarship student) over going to, say, Fordham, on full scholarship?
It's OK, sorry I got upset but the anti-NYU trolling on these boards is simply egregious.
Clearly the situation is not ideal, ALL of CCN took a major hit (perhaps NYU worse than CC) but there are reasons to think that self selection, along with NYU's LRAP, may have played a role in helping to steer NYU students towards PI and away from BIGLAW.
I agree that you shouldn't go into $200K debt if you have no way of paying it back but it is important to realize that the legal market is in flux. While current market signals seem to indicate that the BIGLAW payment structure will come back it wasn't so long ago that industry experts thought BIGLAW was dead.
With that in mind, current students have a decision to make about the relative importance of institutional clout against the risk of debt. You're betting against an uncertain future and each side of the coin offers certain advantages/disadvantages.
As I pointed out to OP, I actually agree that she should go with Harvard unless she has a full ride to NYU, but to make the claim that the market won't sustain some of the best and brightest students I've ever had the pleasure of working with is just plain wrong.
While I concur with your sentiments Badfish, I still believe that in this economy that Harvard would be a more advisable decision than NYU. Not that I think that NYU is an irresponsible or even poor decision; that is completely mis-characterizing my argument. NYU is an amazing school, but, it doesn't afford the same opportunities as Harvard and does not all but guarantee you'll be able to repay your debts.
While it is prudent to take the economy into account, you need to take the economy of 2013 into account, not today's economy. Odds are we will have made significant recovery by then, which should take this whole business of not being able to secure a job coming from NYU Law crazy talk out of the equation.