Incubateus wrote:
If money was of no concern, I would go to Mason. I really like the atmosphere, the professors, the econ & law focus, etc. I would love to end up in DC and I want to go into antitrust (I also have ties to DC). That being said, they have yet to help me out financially. I spoke with Dean Price and she said she would try to help me, but as of right now I would be paying sticker. Practicing in Ohio would be ok, and from either OSU or Case I could end up working in Pittsburgh (where I live now).
COA's:
OSU = ~110k
Case = ~100k
GMU = ~180k
I'm not looking for a response of "retake", "don't go", or "you'll end up with no job," so please don't troll. If you have something to share about these schools and an opinion of where you would go, I'd love to hear it. Thanks all.
Your cost of attendance is off.
Assuming Stafford/Grad PLUS loans averaging out at a 7.5% APR that accrues the second you take out loans and compounds, it looks like this:
OSU: ~129K
Case: ~119K
GMU: ~209K
When a likely outcome of these schools is a 50-60K job, that's really expensive. The cheapest scenario (Case) would require you to be paying back roughly $1200 a month in loan payments if you want to pay it off in a timely fashion. That's $14,400 a year.
Taking the 60K/year number, subtract $12,000 a year in taxes/Medicare/SS deductions. Then subtract $14,400 in loan payments. Your take home pay, after all this, is $33,600. That blows.
Think very, very carefully how badly you want to be a lawyer. Are you willing to work 60-70 hour weeks for 33K a year? I'm not. It's not like the lower paying jobs mean you work less hours. You work the same shitty biglaw hours for less money.
And you're thinking about going to Ohio, a rustbelt state with a shitty economy, without ties? A 60K/year job would be a GREAT outcome for you. Getting boned is more likely.
I'm not some JDU or T14/don't go troll, but you need to look at the total cost of attendance and the likely outcome - the big picture. I've got a friend who just graduated law school and her entire class is fighting over jobs that pay 45K with no benefits, to start. It's not like there's room for advancement in that scenario either. It's rough out there. Retake and go somewhere with really good employment options, or retake and go to these same schools for free.
Good luck.