Chicago
- $25,000 per year scholarship
- Small school (more interaction with professors?)
- Full price
- Huge alumni network
Short answer: Yes.msmongolian wrote:Are the Harvard name and connections worth $75,000?
Thanks for the great advice! I do have a follow up question about LIPP. I haven't been considering any of these programs because my fiance has a very well-paying job. In terms of need-based financial aid, my chances are blown due to his income. I was under the impression that any loan repayment programs would operate similarly, i.e. his income would lower my aid eligibility. So I was thinking that money in hand now is superior to the possibility of money later. Thoughts?vanwinkle wrote:Also consider the financials. If BigLaw works out then you've paid an extra $75K for that safety net, and at long-term BigLaw salaries, you can afford it. If BigLaw doesn't work out, or you decide you want to do something else, Harvard's LIPP will pay off your loans if you end up with a job in any public-sector job, or any private legal-sector job, that falls within the income threshold. You can start in BigLaw and move to a qualifying job and be LIPP-eligible then, and LIPP applies until your loans are fully paid. Oh, and it will also cover up to $30K in undergrad loans if you have them.
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Yeah, if you are married and your spouse makes more than you, they take one half of your combined income. (I guess they are assuming that your spouse's income is available to you to repay the loans.) Here is more info about Harvard's LIPP http://www.law.harvard.edu/current/sfs/lipp/index.htmlmsmongolian wrote:Thanks for the great advice! I do have a follow up question about LIPP. I haven't been considering any of these programs because my fiance has a very well-paying job. In terms of need-based financial aid, my chances are blown due to his income. I was under the impression that any loan repayment programs would operate similarly, i.e. his income would lower my aid eligibility. So I was thinking that money in hand now is superior to the possibility of money later. Thoughts?
Sure - but to clarify that does not make Chi a better choice for biglaw.CanadianWolf wrote:Chicago finished at the top of the Nat'l Law Journal's Go-To-Law-Schools list ranking placement into the nation's largest 250 law firms.
FWIW Chicago is way cheaper than Cambridge.msmongolian wrote:They're both cold and in expensive cities (compared to where I live now).
Wow, that's a bold statement. Can I hear more? I think your insights will be very helpful!Sentry wrote:If I were you I'd go with Harvard...and this is coming from somebody who is going to and LOVES UChicago.
Well when you look at the COA for Chicago, the total debt would be around 200k if you take away the 75k in scholarship you're still looking at 125k in debt. At that point it either becomes about getting a BigLaw job or finding something that qualifies for LRAP. Harvard is superior to Chicago on both of those fronts. Also, Harvard is Harvard.msmongolian wrote:Wow, that's a bold statement. Can I hear more? I think your insights will be very helpful!Sentry wrote:If I were you I'd go with Harvard...and this is coming from somebody who is going to and LOVES UChicago.
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Coming from my perspective, (I want to own my own 5-60 person firm) going to a school with name recognition + my hard work = whatever the hell I want it to. If the OP wants this, or basically anything else, going to Harvard will actually give him/her a leg up in which ever area, simply by name recognition alone. Chicago's lower student faculty ratio is not going to matter to 99.9% of the people that come in to your office, or in any other circumstance. What will matter is how people respond when you tell them you went to Harvard Law. Call me crazy, but I think the name alone will actually allow you to do basically anything, and you can make a great living without working for the fat cats. The potential for truly great heights is greater with Harvard than with Chicago, period. And I don't really know what "superstar" means, but you're clearly already a superstar, and with the better name recognition, you, your ideas, and your bank account, would be better served. Student faculty ratios mean little in the bigger picture.yohan wrote:Go to Chicago.
Speaking as a current HLS student, this is a terrible, soul-sucking, hope-crushing excuse for a law school. The class sizes are so large, you can forget about having any meaningful interaction with your professors. Contrast with Chicago, which has the same caliber of academics as HLS but with a much better student-professor ratio. Any surprise that it's easier to make a dent in academia at Chicago?
As for name recognition, do you really think a few shining stars out of a huge entry class of 500+ students is a good representation of where most students end up? Besides the President of the United States and a few oddball media stars, most HLS alum are spending 90 hour weeks working at a Big Law job they hate to pay for an oversized New York apartment they don't need so they can retire early and regret having wasted their lives working for corporate fat cats.
Take it from me: HLS can be a lonely, sad experience if you don't have a strong support base and clear idea of what you want out of the Harvard experience before you come here. Don't expect HLS to mold you into a superstar - superstars are what make HLS what it is, but it doesn't work the other way.
yohan wrote:Go to Chicago.
Speaking as a current HLS student, this is a terrible, soul-sucking, hope-crushing excuse for a law school. The class sizes are so large, you can forget about having any meaningful interaction with your professors. Contrast with Chicago, which has the same caliber of academics as HLS but with a much better student-professor ratio. Any surprise that it's easier to make a dent in academia at Chicago?
As for name recognition, do you really think a few shining stars out of a huge entry class of 500+ students is a good representation of where most students end up? Besides the President of the United States and a few oddball media stars, most HLS alum are spending 90 hour weeks working at a Big Law job they hate to pay for an oversized New York apartment they don't need so they can retire early and regret having wasted their lives working for corporate fat cats.
Take it from me: HLS can be a lonely, sad experience if you don't have a strong support base and clear idea of what you want out of the Harvard experience before you come here. Don't expect HLS to mold you into a superstar - superstars are what make HLS what it is, but it doesn't work the other way.
I'm not saying definitely go to Chicago, but I think this post has some validity to it (especially the bolded). Plus, vanwinkle and others ignore the significant difference that the $75,000 actually makes. That is $75k of additional principal, for a total of who knows how much. With interest, that $75k is going to be a lot more than $75k coming out of your pocket (unless you are going to pay cash up front). Not to mention the fact that some lawyers (no, I'm not just making this up) respect Chicago more than Harvard.yohan wrote:Go to Chicago.
Speaking as a current HLS student, this is a terrible, soul-sucking, hope-crushing excuse for a law school. The class sizes are so large, you can forget about having any meaningful interaction with your professors. Contrast with Chicago, which has the same caliber of academics as HLS but with a much better student-professor ratio. Any surprise that it's easier to make a dent in academia at Chicago?
As for name recognition, do you really think a few shining stars out of a huge entry class of 500+ students is a good representation of where most students end up? Besides the President of the United States and a few oddball media stars, most HLS alum are spending 90 hour weeks working at a Big Law job they hate to pay for an oversized New York apartment they don't need so they can retire early and regret having wasted their lives working for corporate fat cats.
Take it from me: HLS can be a lonely, sad experience if you don't have a strong support base and clear idea of what you want out of the Harvard experience before you come here. Don't expect HLS to mold you into a superstar - superstars are what make HLS what it is, but it doesn't work the other way.
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Wow someone's an xcore downer.yohan wrote:Go to Chicago.
Speaking as a current HLS student, this is a terrible, soul-sucking, hope-crushing excuse for a law school. The class sizes are so large, you can forget about having any meaningful interaction with your professors. Contrast with Chicago, which has the same caliber of academics as HLS but with a much better student-professor ratio. Any surprise that it's easier to make a dent in academia at Chicago?
As for name recognition, do you really think a few shining stars out of a huge entry class of 500+ students is a good representation of where most students end up? Besides the President of the United States and a few oddball media stars, most HLS alum are spending 90 hour weeks working at a Big Law job they hate to pay for an oversized New York apartment they don't need so they can retire early and regret having wasted their lives working for corporate fat cats.
Take it from me: HLS can be a lonely, sad experience if you don't have a strong support base and clear idea of what you want out of the Harvard experience before you come here. Don't expect HLS to mold you into a superstar - superstars are what make HLS what it is, but it doesn't work the other way.
Isn't the most important factor where your fiance works or could find a job? I'm assuming you don't want to do 3 years long distance.msmongolian wrote: I do have a follow up question about LIPP. I haven't been considering any of these programs because my fiance has a very well-paying job. In terms of need-based financial aid, my chances are blown due to his income. I was under the impression that any loan repayment programs would operate similarly, i.e. his income would lower my aid eligibility. So I was thinking that money in hand now is superior to the possibility of money later. Thoughts?
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Wow, good catch. Normally that'd be a factor, but my situation is unusual in that his current job allows him to live anywhere. So that's not an issue for now.adude wrote:Isn't the most important factor where your fiance works or could find a job? I'm assuming you don't want to do 3 years long distance.msmongolian wrote: I do have a follow up question about LIPP. I haven't been considering any of these programs because my fiance has a very well-paying job. In terms of need-based financial aid, my chances are blown due to his income. I was under the impression that any loan repayment programs would operate similarly, i.e. his income would lower my aid eligibility. So I was thinking that money in hand now is superior to the possibility of money later. Thoughts?
What's the school culture like? I've heard that it's very serious and academic but don't know much more than that.Desert Fox wrote:LOL I would have never thought I'd see someone saying go to Chicago for the school culture!
Alternatively, you go to HLS, end up working at some NYC firm alongside your buddy who went to Chicago because he was "too dumb" to get into HLS, realize that you could be in exactly the same position you are in but without the $2k debt payments every month if you had gone to Chicago... so you go on TLS and write "the definitive post on Harvard vs. Chicago" to validate your decision.TTH wrote:The definitive post on Harvard vs. Chicago
http://dl.dropbox.com/u/3308682/tlsarchive/chicago.htm
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