JamesDean1955 wrote: jbagelboy wrote:
JamesDean1955 wrote:No. SLS and YLS are possibilities here, and both are better options. OP clearly has no idea what he wants to do, things change in LS. He knows absolutely nothing about M&A work AFA I can tell. I have worked in various biglaw practice areas as a non-attorney and I advise against going to law school with these preconceived notions that aren't based on any real substance, like actually working in the field. 9/10 it's not what most 0Ls think it is like.
And rationalizing paying ridiculous sticker fees and NYC COL because the bank of mom and dad will fund it is the worst logic people on these boards use to justify these decisions. The money can be put to better uses and it is absolutely not necessary he go to NYU at sticker.
The black and white Bill Murray is growing on me, I have to say. Hiding behind a tree is funnier though.
Yea, you'll notice I kinda changed my tune a little after... that post was back when I had interpreted OP's family as far wealthier than he later specified they were. Clearly, Stanford and Yale would both open up opportunities for OP, but no LSAT score can guarantee them, whereas Harvard and CLS would be locks at 173+. Also, I was going easy because OP did already retake once, unlike some of the more stubborn posters that have cropped up in the past few days, and made a substantive improvement that opened up a T6 school.Attending NYU with no debt
is a far better outcome all things considered than what I am doing (granted, circumstances are different since I'm paying my way), so I don't feel quite as comfortable judging the option as insufficient.
Yeah but it's not really no debt, is it? That's real money being spent. Approx. $270,000.00 after interest, give or take a few thousand. That's a lot of damn money. That money AFAIK does not have a special stipulation placed on it by his grandmother's Will that says it must be used for educational purposes. Assuming this is the case, that is bad financial rationalization.
Also, I think 171 is a lock for CLS, and 172 for HLS, next cycle given that GPA. Just my opinion though.
You know what I mean. we are debating trivialities, my point was that H and CLS could be locked by a certain higher score, and you agree with me.
I also agree its a lot of money but that doesn't make it debt. FWIW since its not debt, its cash, there's no interest, so its more like $230K. And I say its not debt because he could still graduate, get a job at a V20, and have six figure take-home pay as a 26 year old. The expense of going to law school will never be a financial burden on OP, even if its an emotional one. He will never risk default, or have to make a career choice based on income. He is not tied to the federal government, to IBR, to PAYE, to LRAP, to any program. He's not threatening the financial stability of his family (there was "plenty to go around"), and he will probably still get down-payment on a house anyway via inherited property. In relative terms, sure, some of that allowance could be saved for another purpose, but its very different IMO from a student taking on hundreds of thousands of dollars in loans vs attending on scholarship.
if I was OP I would retake to save the money for my family. Please understand that I agree in principle. However, given the circumstances, his choices are legitimate and not threatening anyone with financial or physical disaster.