UPDATE: Full Ride at Alabama

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BmoreOrLess
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UPDATE: Full Ride at Alabama

Postby BmoreOrLess » Thu Apr 12, 2012 11:16 am

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Last edited by BmoreOrLess on Mon Nov 18, 2013 5:20 pm, edited 2 times in total.

rad lulz
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Re: Alabama with $$$

Postby rad lulz » Thu Apr 12, 2012 11:34 am

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Last edited by rad lulz on Mon Apr 22, 2013 11:49 am, edited 1 time in total.

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BmoreOrLess
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Re: Alabama with $$$

Postby BmoreOrLess » Thu Apr 12, 2012 11:49 am

rad lulz wrote:Given your career goals, the job you have now, the fact that you have no AL ties, and the fact that ATL hiring is a shitshow right now, no I would not go to Bama. Bama is not a good choice for Charlotte either.

Best be for you for law school generally is to retake for a few more points and get into NW. They take some people with those low GPAs and high LSAT + work experience.


Kind of what I figured. I worry about NW being worth it at sticker as well, since I don't particularly want to work in Chicago or NY, and if I do miss the biglaw boat I'm not sure an accounting firm gig could support $250k in loans (I think for JD's they run in the $70kish realm). The one thing I like about Alabama would be for my backup plan--if I wound up at median--having their athletic department for possible externships could be pretty clutch. They must need a ton of hands in compliance with how much they are cheating/paying their football players :D .

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bernaldiaz
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Re: Alabama with $$$

Postby bernaldiaz » Thu Apr 12, 2012 11:51 am

URM status?

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BmoreOrLess
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Re: Alabama with $$$

Postby BmoreOrLess » Thu Apr 12, 2012 11:52 am

bernaldiaz wrote:URM status?


Nope, white male.

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BmoreOrLess
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Re: Alabama with $$$

Postby BmoreOrLess » Thu Apr 12, 2012 11:52 am

BmoreOrLess wrote:
bernaldiaz wrote:URM status?


Nope, white male.


Omar is just a fucking boss.

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NoleMatt
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Re: Alabama with $$$

Postby NoleMatt » Thu Apr 12, 2012 11:54 am

BmoreOrLess wrote:
rad lulz wrote: The one thing I like about Alabama would be for my backup plan--if I wound up at median--having their athletic department for possible externships could be pretty clutch. They must need a ton of hands in compliance with how much they are cheating/paying their football players :D .


Though it does sound cool, I don't know how realistic of a backup plan this is :?

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BmoreOrLess
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Re: Alabama with $$$

Postby BmoreOrLess » Thu Apr 12, 2012 12:02 pm

NoleMatt wrote:
BmoreOrLess wrote:
rad lulz wrote: The one thing I like about Alabama would be for my backup plan--if I wound up at median--having their athletic department for possible externships could be pretty clutch. They must need a ton of hands in compliance with how much they are cheating/paying their football players :D .


Though it does sound cool, I don't know how realistic of a backup plan this is :?


Got a buddy that does it at our Alma Mater who was in the bottom half/third at William and Mary. He interned there 2L summer, externed at WM 3L, and wound up getting his current job. He got pretty lucky to get his current gig, but had options lined up at smaller schools.

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BmoreOrLess
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Re: UPDATE: Full Ride at Alabama

Postby BmoreOrLess » Fri Apr 13, 2012 8:42 pm

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Last edited by BmoreOrLess on Mon Nov 18, 2013 5:19 pm, edited 1 time in total.

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NoleMatt
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Re: UPDATE: Full Ride at Alabama

Postby NoleMatt » Sat Apr 14, 2012 12:22 am

I would go for it. Congratulations on the scholarship.

keg411
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Re: UPDATE: Full Ride at Alabama

Postby keg411 » Sat Apr 14, 2012 12:27 am

Any chance you can try negotiating w/UGA?

CanadianWolf
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Re: UPDATE: Full Ride at Alabama

Postby CanadianWolf » Sat Apr 14, 2012 10:57 am

At that price, Alabama is a good deal since you want to live in The South & would consider living in Alabama after law school. Congratulations !

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BmoreOrLess
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Re: UPDATE: Full Ride at Alabama

Postby BmoreOrLess » Sat Apr 14, 2012 11:28 am

keg411 wrote:Any chance you can try negotiating w/UGA?


Tried and they said no additional funds are available. Even still, i think best case they give me in state, so it's still an extra 60k.

keg411
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Re: UPDATE: Full Ride at Alabama

Postby keg411 » Sat Apr 14, 2012 11:54 am

BmoreOrLess wrote:
keg411 wrote:Any chance you can try negotiating w/UGA?


Tried and they said no additional funds are available. Even still, i think best case they give me in state, so it's still an extra 60k.


Then just go to 'Bama.

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BmoreOrLess
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Re: UPDATE: Full Ride at Alabama

Postby BmoreOrLess » Sun Apr 15, 2012 8:28 pm

Shameless bump. I have to decide by tomorrow so any thoughts would be awesome. Thanks!

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bernaldiaz
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Re: UPDATE: Full Ride at Alabama

Postby bernaldiaz » Sun Apr 15, 2012 8:40 pm

BmoreOrLess wrote:Shameless bump. I have to decide by tomorrow so any thoughts would be awesome. Thanks!


Sounds like Bama is a good deal for you. Congrats!

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hookem7
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Re: UPDATE: Full Ride at Alabama

Postby hookem7 » Sun Apr 15, 2012 8:40 pm

If you went to SC for undergrad, then I would assume you are familiar with southern culture enough to handle Alabama and understand that they tend to favor their own. The cost is certainly low and COL in Tuscaloosa is surely not high, so that's a positive. Bama is a school that can take you outside of the state if you do well, but I would only attend if you would be comfortable with Birmingham/Huntsville/Montgomery and the more likely landing spots in the state. At the very least, you would get to see some high quality SEC football.

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top30man
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Re: UPDATE: Full Ride at Alabama

Postby top30man » Sun Apr 15, 2012 8:43 pm

bernaldiaz wrote:
BmoreOrLess wrote:Shameless bump. I have to decide by tomorrow so any thoughts would be awesome. Thanks!


Sounds like Bama is a good deal for you. Congrats!

rad lulz
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Re: UPDATE: Full Ride at Alabama

Postby rad lulz » Sun Apr 15, 2012 8:57 pm

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Last edited by rad lulz on Wed May 29, 2013 12:18 pm, edited 1 time in total.

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BmoreOrLess
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Re: UPDATE: Full Ride at Alabama

Postby BmoreOrLess » Sun Apr 15, 2012 11:53 pm

rad lulz wrote:Bama is a good deal, it's just not great for Georgia, North Carolina, or South Carolina. Chances are you end up AL. So if you're cool w that...


I agree, I just also don't know if I'm capable any better because of my GPA. I think my best case scenario--even if I were to pull a 173 or so--would be UVA, Northwestern, or Vandy at sticker. There's also the possibility of UGA with $$, but it seems like the best they give out is instate plus $5k. That is still going to put me at roughly $90k-$100k, which again I think Bama is still a better deal. I think my risk adjusted return at $36k from Bama would be better than $200k+ UVA, NW, or Vandy and probably better than UGA at $90k.

Seems to me like the breakdown is:
All percentages are inclusive (they can overlap)

5% chance I have good transfer opportunities.
10-15% chance at a solid legal job
20-30% chance I get a small firm or big 4 accounting
50% chance I drop out with zero debt after 1L from savings
If none of the above happen, I try to go the NCAA compliance route (which if I do work at a public university, it does qualify for loan forgiveness.

Obviously there are some risks--mainly ability to get a job after doing poorly and dropping out after 1L--but from a financial standpoint it seems like my risks are limited to that and my savings that I wouldn't be able to touch otherwise because they are in retirement accounts.

If my thought process is wrong please let me know because I am having a hard time coming up with a reason not to do this after spending the last two months--mostly because of TLS--throwing out the option of law school because of the high costs with low odds of a reasonable return.

tlsposter
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Re: UPDATE: Full Ride at Alabama

Postby tlsposter » Mon Apr 16, 2012 4:13 pm

Only go to Alabama if you want to work in Alabama (and only in Alabama). Also, be prepared to give up your dreams of bigalw.




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