Chippy wrote:scribelaw wrote:
The posters above are right, though: median at GULC is rough right now. It's risky to borrow that much, but then again, thousands of people borrow as much to go to third-tier schools with no prospects. At least you'll have a 1/3 shot.
So the bad investments of third-tier law students somehow justifies a ridiculously bad investment of GULC students paying sticker? If the law student don't hit the 1/3 mark (which no 0L can know before entering law school, but as a waitlisted student, I bet his/her LSAT/GPA correlates with far below median), the 200k in debt is going to become out of control very quickly. Even if they get big law, the student would need to remain for several years (i.e. doesn't get sheath laid-off, fired, find they hate the work, offers rescinded or delayed, etc). What are the chances of all those factors working out?
You are right; I don't think GULC at sticker is worth it. I was trying to offer advice between two options the OP presented.
But I'd say there's a 1/3 change (maybe slightly better if hiring bounces back a little bit) at OCI. GULC does have a great LRAP program and Georgetown plays pretty well in secondary markets, if OP has any ties to one. I'd say the chances of getting something decent are better than 50/50.