Chicago at sticker...where they do that at?

(Rankings, Profiles, Tuition, Student Life, . . . )

What should I do

Defer
8
19%
Go
24
57%
Wait out a year and reapply
10
24%
 
Total votes: 42

P-salms
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Chicago at sticker...where they do that at?

Postby P-salms » Fri Mar 15, 2013 8:01 pm

I just received my financial aid package from Chicago and, well... I didn't receive any financial aid. I am very much debt averse and the hefty price tag gives me serious pause.

I am first year teacher in NYC straight out of undergrad and will manage to scrape away 20k in disposable income by summers end. If I stay another year teaching (defer), I am looking at an additional 30k saved. I am slated to receive a masters degree in Jan 2014 and will be 23 at the time of matriculation (if I defer).

Gut feeling tells me to stay. Opportunity costs (factoring in future employment in BIGLAW--my goal) suggests that I should make the jump.

Though I 'enjoy' teaching, I'm looking to get on with my life in a new city.

I am looking for outside commentary to hone my thinking. Your thoughts...?

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sinfiery
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Re: Chicago at sticker...where they do that at?

Postby sinfiery » Fri Mar 15, 2013 8:04 pm

This was posted in the NYU thread bu its for UChi

https://docs.google.com/spreadsheet/pub ... rQ3c&gid=1


Definitely scary but I'd go for it. Depends on what situation your giving up.

P-salms
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Re: Chicago at sticker...where they do that at?

Postby P-salms » Fri Mar 15, 2013 8:57 pm

Thanks for the link!

P-salms
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Re: Chicago at sticker...where they do that at?

Postby P-salms » Fri Mar 15, 2013 9:39 pm

Is reapplying really a viable option in my circumstance?

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rickgrimes69
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Re: Chicago at sticker...where they do that at?

Postby rickgrimes69 » Fri Mar 15, 2013 11:16 pm

I wouldn't pay sticker anywhere outside of HYS. It's just too expensive relative to your likely salary and career path. I say defer and save up some money so you can at least cover COL.

P-salms
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Re: Chicago at sticker...where they do that at?

Postby P-salms » Sat Mar 16, 2013 5:50 pm

Any seconds on this encouragement?

20141023
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Re: Chicago at sticker...where they do that at?

Postby 20141023 » Sat Mar 16, 2013 5:56 pm

.
Last edited by 20141023 on Mon Feb 16, 2015 1:35 pm, edited 1 time in total.

badaboom61
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Re: Chicago at sticker...where they do that at?

Postby badaboom61 » Sat Mar 16, 2013 6:20 pm

P-salms wrote:Any seconds on this encouragement?


Do you have scholarship offers anywhere else? Chicago may be willing to negotiate, especially if you hold out until near the deadline.

whereskyle
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Re: Chicago at sticker...where they do that at?

Postby whereskyle » Sat Mar 16, 2013 6:28 pm

Chi I would consider attending at sticker. You're young. Why not defer? You're smart to save, and you seem wise to it. Also, you can mentally prepare yourself for 1L, since you know you'll be going. It seems that there is a lot to be gained in studying up on 1L.

walkingpanda
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Re: Chicago at sticker...where they do that at?

Postby walkingpanda » Sat Mar 16, 2013 6:51 pm

Do schools offer scholarships if you defer? I am currently admitted to NU but haven't received any scholly info. I am considering the June LSAT to improve my score. If I defer and get a higher score, will I be considered for schollys?

P-salms
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Re: Chicago at sticker...where they do that at?

Postby P-salms » Sat Mar 16, 2013 10:42 pm

badaboom61 wrote:
P-salms wrote:Any seconds on this encouragement?


Do you have scholarship offers anywhere else? Chicago may be willing to negotiate, especially if you hold out until near the deadline.


Thanks for the input, guys.

I have generous scholarship offers (60-100k range) from schools in the T20. I doubt those would factor into a Chicago negotiation, right?

I am on a few waitlists in the T14 and I haven't heard from NYU, penn, and Columbia. With a favorable outcome from the 3 schools mentioned, I'll have a more complete picture... Hopefully.

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Presidentjlh
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Re: Chicago at sticker...where they do that at?

Postby Presidentjlh » Sat Mar 16, 2013 10:45 pm

P-salms wrote:
badaboom61 wrote:
P-salms wrote:Any seconds on this encouragement?


Do you have scholarship offers anywhere else? Chicago may be willing to negotiate, especially if you hold out until near the deadline.


Thanks for the input, guys.

I have generous scholarship offers (60-100k range) from schools in the T20. I doubt those would factor into a Chicago negotiation, right?

I am on a few waitlists in the T14 and I haven't heard from NYU, penn, and Columbia. With a favorable outcome from the 3 schools mentioned, I'll have a more complete picture... Hopefully.


It's worth a try. You should be able to get a little money. Speak to your concerns about debt and cost of living. The worst thing they could do is say "no money". They won't rescind your admission offer.

20141023
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Re: Chicago at sticker...where they do that at?

Postby 20141023 » Sat Mar 16, 2013 10:47 pm

.
Last edited by 20141023 on Mon Feb 16, 2015 1:35 pm, edited 1 time in total.

P-salms
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Re: Chicago at sticker...where they do that at?

Postby P-salms » Sun Mar 17, 2013 10:21 am

walkingpanda wrote:Do schools offer scholarships if you defer? I am currently admitted to NU but haven't received any scholly info. I am considering the June LSAT to improve my score. If I defer and get a higher score, will I be considered for schollys?


Anyone with knowledge regarding this?

Also a bit surprised by the results overwhelming in favor of going at sticker price. Really do appreciate the input.

LRGhost
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Re: Chicago at sticker...where they do that at?

Postby LRGhost » Sun Mar 17, 2013 10:21 am

Honestly, 23 isn't so bad to matriculate, dude. You're still young and you get to go in with ~$50,000 instead of ~$20,000. That's pretty good. It immediately makes sticker slightly more manageable because you're not dealing with those loans compounding at 7.8%. Beyond that, your job will be easier since you know it's going to end and you have time to think about LS or other careers.

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Micdiddy
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Re: Chicago at sticker...where they do that at?

Postby Micdiddy » Sun Mar 17, 2013 12:53 pm

P-salms wrote:
walkingpanda wrote:Do schools offer scholarships if you defer? I am currently admitted to NU but haven't received any scholly info. I am considering the June LSAT to improve my score. If I defer and get a higher score, will I be considered for schollys?


Anyone with knowledge regarding this?

Also a bit surprised by the results overwhelming in favor of going at sticker price. Really do appreciate the input.


I'm also interested in answers to this question.

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izy223
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Re: Chicago at sticker...where they do that at?

Postby izy223 » Sun Mar 17, 2013 2:23 pm

P-salms wrote:
walkingpanda wrote:Do schools offer scholarships if you defer? I am currently admitted to NU but haven't received any scholly info. I am considering the June LSAT to improve my score. If I defer and get a higher score, will I be considered for schollys?


Anyone with knowledge regarding this?

Also a bit surprised by the results overwhelming in favor of going at sticker price. Really do appreciate the input.


I know NU offers some people schollys to defer

P-salms
Posts: 52
Joined: Thu Jun 16, 2011 8:36 pm

Re: Chicago at sticker...where they do that at?

Postby P-salms » Sun Mar 17, 2013 6:58 pm

Would a June LSAT retake factor into merit based scholarship consideration for admitted students (assuming a higher score)?

badaboom61
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Re: Chicago at sticker...where they do that at?

Postby badaboom61 » Sun Mar 17, 2013 7:34 pm

P-salms wrote:Would a June LSAT retake factor into merit based scholarship consideration for admitted students (assuming a higher score)?


Possibly, although a) they would need to have money left in the pot and b) you would need to convince them that you weren't entirely committed, which may be difficult at that point. If you're entirely committed, why would they offer you more money?

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Micdiddy
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Re: Chicago at sticker...where they do that at?

Postby Micdiddy » Sun Mar 17, 2013 8:33 pm

badaboom61 wrote:
P-salms wrote:Would a June LSAT retake factor into merit based scholarship consideration for admitted students (assuming a higher score)?


Possibly, although a) they would need to have money left in the pot and b) you would need to convince them that you weren't entirely committed, which may be difficult at that point. If you're entirely committed, why would they offer you more money?


In order to avoid total derailment of this thread, I direct those further interested in this to post questions and answers here: viewtopic.php?f=2&t=206171

Big Mac Meal
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Re: Chicago at sticker...where they do that at?

Postby Big Mac Meal » Mon Mar 18, 2013 3:37 pm

deleted

P-salms
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Re: Chicago at sticker...where they do that at?

Postby P-salms » Wed Mar 27, 2013 6:24 pm

Would a generous scholarship offer from a T-20 school be in play in negotiations w/ Chicago?

P-salms
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Re: Chicago at sticker...where they do that at?

Postby P-salms » Thu Mar 28, 2013 11:57 am

Held at Columbia today.

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Redamon1
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Re: Chicago at sticker...where they do that at?

Postby Redamon1 » Thu Mar 28, 2013 12:27 pm

whereskyle wrote:Chi I would consider attending at sticker. You're young. Why not defer? You're smart to save, and you seem wise to it. Also, you can mentally prepare yourself for 1L, since you know you'll be going. It seems that there is a lot to be gained in studying up on 1L.


Don't hesitate to retake the LSAT and reapply early next year (what are your stats?), because (1) you're young (2) you like you current job (3) you can save (4) you might get better options/money by reapplying. But let's be clear: "studying up" on 1L is fruitless. You can try to defer at UChi but usually schools will require that you don't apply to other schools in the intervening year. Why not retake in June and, if your score improves, withdraw from UChi and reapply in the fall?




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