Crowing wrote: AssumptionRequired wrote:
ManOfTheMinute wrote:The 36% who voted >200K are crazy.
Why is that? Thats sticker at Chicago. Most people pay sticker at T10 schools. I did it and I havent regretted it for one second.
Chicago is a great school as long as you dont care about having a good time there. It is worth going to at sticker. People on this board are generally overly debt adverse.
I don't think putting yourself in a situation in which you're forced to not only land but maintain biglaw to pay off your debt can ever be considered anything close to a universally good decision. I agree that it's not necessarily crazy, but it may not be a good choice for the OP
But it also could be a great decision. I would rather be median at Chicago with that debt than median at a lower T1 school. One of those you have a good shot at biglaw and one you do not. And yes, people get biglaw from median at UChi.
OP you have to think about yourself here. Either way you are taking a risk. If you take this debt at Chicago then you need to do well (or not do poorly, really) but at a lower ranked school you have to be at the top. For me, I wanted biglaw so I went to a T10 school that places well and took the debt. Working out great for me so far as I had multiple 1L SA offers as did many of my friends. I have friends at UT who are at the top of the class and didnt get a 1L paid gig.
In my opinion it is crazy to say that the #4/5 school in the country is not worth sticker.