mrwarre85 wrote:To big law or bust types, Cornell at sticker is going to be worth it. Otherwise it may be or it may not be.
Texas is your best bet in this case though. How much are you going to knock back a year from your loans while paying to live in NYC?
Go to Texas, finish in the top half and get market rate in an area of the country where you can pay off that 110k in three years and still live very comfortably. If money is your main concern here, go to Texas. Austin, San Antonio, Dallas, and Houston are all growing at like a 20% clip. This place is a land of opportunity, and it is big enough to accommodate people from all walks of life.
But if OP doesnt want to live in TX than Cornell offers a much better chance at working in one of the east coast big cities.
Personally, I also disliked Vandy, on visitation and would not want to go to TX no matter the money so I didnt even apply. Even if a given life is smarter financially, you must pick the one that you want. If it is the one with the higher risk, then you should take that one. Basically, I think that you should decide on if you can make Cornell work independant of the TX offer and see if that sounds like a good option, then do the same for TX. If the TX option does not sound good (because of the low chance of east coast, the location or whatever) then you should not take it. If Cornell does sound good even though there is a lot of risk, then take that path. You will have options such as IBR etc. out of Cornell so it is not as if if you miss the biglaw train that youre life is over.
Dont think so much about if Cornell is worth so so much money, think instead if Cornell offers the opportunities that you want at a risk that you are willing to take on. And then ask if TX does the same. Also,
mrwarre85 wrote:Go to Texas, finish in the top half and get market rate in an area of the country where you can pay off that 110k in three years and still live very comfortably. If money is your main concern here, go to Texas.
No, if money is your main concern
, take the risk, finish in the top half of your class, go to NYC, work like a dog, make way more money in the financial capital of the world than you ever would have been able to in TX. People go to TX for QoL, big yards, and opportunity sure, but if money is your main concern, go to NYC where the money is.