fatduck wrote:xyzbca wrote:You are precisely the person who should be taking the scholarship at the lower ranked school. If you really have these "strong connections" you should be minimizing your debt. Why pay $200k for a Ferrari if you can get it for $100k (using your figures)? The vast majority of rational people would put up with the indignity of living in Austin for 3 years if it netted them $100,000. That's essentially a year of after tax income for a first year associate. Something just isn't adding up about your story.
I don't know, I think it makes sense. I'm considering taking a bigger debt-risk for a chance at a higher ceiling in terms of career paths, because I have a fallback option that can support me even if I completely strike out with 150k debt. It just depends on your personal goals.
I don't disagree with your choice. The poster I'm responding to makes it sound like he/she could walk right into a V5 job due to his/her "strong connections." If you have no choice but to pay $200k for the Ferrari, well, you pay the $200k. But if you can get it for $100k, what would the rational person do?