Waitlist options/opinions

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westinghouse60
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Joined: Mon Aug 02, 2010 2:27 am

Waitlist options/opinions

Postby westinghouse60 » Mon Jun 04, 2012 1:28 pm

As of right now I'll be at Vandy next year with a 50k over 3 years scholarship, and I decided to go there over Cornell at sticker. My main goal is biglaw to pay off my debt (like 95% of TLSers it seems), and I reasoned that paying off 150k debt while making 125-145k/year in southern biglaw was better than trying to pay off 210k+ on 160k in NYC where the COL is twice as much. I know that Cornell would have given me a better chance at biglaw overall, but I think the decreased chance at biglaw out of Vandy vs. Cornell would be compensated by being in a better financial situation overall when it came to paying off loans. (Can you tell I'm trying to justify the decision to myself?)

Anyway, I'm still on the waitlist at Columbia, Penn, UVA, Michigan, and Duke, and I'm trying to decide which schools I should ride out the waitlist for and attend without thinking twice if I get in. I think Columbia and Penn are obvious, because while they're as expensive as Cornell and would going there would likely entail living in NYC to pay off loans, the chances at biglaw from there outweigh the cost. (I'm not opposed to living in NYC at all, its just the COL/debt issue). Also, I really loved UVA and would go there in a second if I had the chance. So I guess my question is about Michigan/Duke: should I go there at (presumably) sticker over Vandy if I get in off the waitlist and not think twice? I know this is hypothetical somewhat, but I really want to be able to have a decision ready. Its worth mentioning that have ties to the south as well, ie grew up/went to school here, family lives here etc.

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rickgrimes69
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Re: Waitlist options/opinions

Postby rickgrimes69 » Mon Jun 04, 2012 2:00 pm

westinghouse60 wrote:As of right now I'll be at Vandy next year with a 50k over 3 years scholarship, and I decided to go there over Cornell at sticker. My main goal is biglaw to pay off my debt (like 95% of TLSers it seems), and I reasoned that paying off 150k debt while making 125-145k/year in southern biglaw was better than trying to pay off 210k+ on 160k in NYC where the COL is twice as much. I know that Cornell would have given me a better chance at biglaw overall, but I think the decreased chance at biglaw out of Vandy vs. Cornell would be compensated by being in a better financial situation overall when it came to paying off loans. (Can you tell I'm trying to justify the decision to myself?)

Anyway, I'm still on the waitlist at Columbia, Penn, UVA, Michigan, and Duke, and I'm trying to decide which schools I should ride out the waitlist for and attend without thinking twice if I get in. I think Columbia and Penn are obvious, because while they're as expensive as Cornell and would going there would likely entail living in NYC to pay off loans, the chances at biglaw from there outweigh the cost. (I'm not opposed to living in NYC at all, its just the COL/debt issue). Also, I really loved UVA and would go there in a second if I had the chance. So I guess my question is about Michigan/Duke: should I go there at (presumably) sticker over Vandy if I get in off the waitlist and not think twice? I know this is hypothetical somewhat, but I really want to be able to have a decision ready. Its worth mentioning that have ties to the south as well, ie grew up/went to school here, family lives here etc.


If you wanted biglaw, you made a big mistake.

pballer
Posts: 244
Joined: Thu Jan 06, 2011 5:58 pm

Re: Waitlist options/opinions

Postby pballer » Mon Jun 04, 2012 9:32 pm

credited

CanadianWolf
Posts: 10439
Joined: Wed Mar 24, 2010 4:54 pm

Re: Waitlist options/opinions

Postby CanadianWolf » Mon Jun 04, 2012 9:42 pm

Seems as if you really want Columbia, Penn or Virginia.

Consider sitting out this year & reapplying early. Your 175/3.4 should get you at least one, but probably two, of Columbia, Penn & Virginia next cycle. If you really prefer Virginia, then apply ED.




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