WUSTL($$$$) vs. Northwestern ($) Forum
-
- Posts: 49
- Joined: Fri Jun 14, 2013 4:21 pm
WUSTL($$$$) vs. Northwestern ($)
I am currently deciding between a full scholarship from WUSTL (145,035) and a small scholarship from Northwestern (30,000). I am taking out loans to fund anything not covered by scholarship. GULC calculator puts my total indebtedness at $245,885 for northwestern and $87,334 for WUSTL.
I am from NYC, and would like to end up back in NYC. This is very important to me, if not NYC I would consider cali/chicago... have no desire to be in the midwest otherwise. I have some decent ties in NYC. Career goals = big law, maybe eventually in house.
LSAT taken once = 175
GPA = 2.8x
I will absolutely choose one of these options, as such, "neither" or "retake" comments are not needed. Potential exception being my current wait lists at UVA/Michigan/Duke/Cornell.
As far as debt aversion... who likes debt? That being said, I'd rather be in debt having achieved the goal I want than debt free without having achieved my goals.
I am from NYC, and would like to end up back in NYC. This is very important to me, if not NYC I would consider cali/chicago... have no desire to be in the midwest otherwise. I have some decent ties in NYC. Career goals = big law, maybe eventually in house.
LSAT taken once = 175
GPA = 2.8x
I will absolutely choose one of these options, as such, "neither" or "retake" comments are not needed. Potential exception being my current wait lists at UVA/Michigan/Duke/Cornell.
As far as debt aversion... who likes debt? That being said, I'd rather be in debt having achieved the goal I want than debt free without having achieved my goals.
- bananasplit19
- Posts: 687
- Joined: Tue Nov 27, 2012 4:53 pm
Re: WUSTL($$$$) vs. Northwestern ($)
LOL, Northwestern must be pretty pissed off at WUSTL for the full-ride bonanza. I had the same decision, with similar stats.
Your priorities are NYC and BigLaw, which make your decision an easy one. My guess is, you know that, have your finger on the NU button, and are just looking for last-minute confirmation? Well, no arguments from me, go to Northwestern.
Your priorities are NYC and BigLaw, which make your decision an easy one. My guess is, you know that, have your finger on the NU button, and are just looking for last-minute confirmation? Well, no arguments from me, go to Northwestern.
-
- Posts: 49
- Joined: Fri Jun 14, 2013 4:21 pm
Re: WUSTL($$$$) vs. Northwestern ($)
That is my general state of mind, although I'm probably a bit more on the fence... especially given the Weil layoffs http://dealbook.nytimes.com/2013/06/24/ ... -pay/?_r=0bananasplit19 wrote:LOL, Northwestern must be pretty pissed off at WUSTL for the full-ride bonanza. I had the same decision, with similar stats.
Your priorities are NYC and BigLaw, which make your decision an easy one. My guess is, you know that, have your finger on the NU button, and are just looking for last-minute confirmation? Well, no arguments from me, go to Northwestern.
- sinfiery
- Posts: 3310
- Joined: Thu Jul 14, 2011 2:55 am
Re: WUSTL($$$$) vs. Northwestern ($)
Taking on that much debt for education is and will always be a risk. If debt averseness is more important than geographic location or eventual chance of not obtaining biglaw, go to WUTSL, otherwise NU.
- simplycatalina
- Posts: 935
- Joined: Tue Oct 09, 2012 7:41 pm
Re: WUSTL($$$$) vs. Northwestern ($)
Join the club. I got a lot of useful advice here: http://top-law-schools.com/forums/viewt ... 1&t=211993
Want to continue reading?
Register now to search topics and post comments!
Absolutely FREE!
Already a member? Login
- romothesavior
- Posts: 14692
- Joined: Fri Jun 26, 2009 4:29 pm
Re: WUSTL($$$$) vs. Northwestern ($)
Nearly 30k in COL per year at WUSTL? I spend money like Sterling Archer and I'm not even close to that. You should be way closer to 60k in debt after your 3 years, even assuming no SA and you don't work PT for cash during your three years.
I mean, I'm all for conservative estimates and the GULC calculator is great, but I think you are way high.
I mean, I'm all for conservative estimates and the GULC calculator is great, but I think you are way high.
-
- Posts: 1947
- Joined: Sat Mar 03, 2012 2:55 am
Re: WUSTL($$$$) vs. Northwestern ($)
Given how important not winding up in the non-Chicago Midwest is to you, I guess I have to vote NU. But it's definitely with hesitation, because that's a scary amount of debt. If you showed even just moderately greater geographic flexibility, I would vote for WUSTL. (And, as Romo said, you would have to really go out of your way to rack up that kind of COL debt at WUSTL.)
-
- Posts: 416
- Joined: Mon Jun 27, 2011 11:07 pm
Re: WUSTL($$$$) vs. Northwestern ($)
I haven't been through OCI yet, but it seems like you really need to be top 10-15% at WUSTL to have a meaningful shot at NYC big law. You have a shot if you're outside that, but if NYC big law is that important to you, you're taking a fairly significant chance by going to wustl. Seems like you have to bite the bullet and go a quarter mill in debt if you're dead set on NYC.
-
- Posts: 49
- Joined: Fri Jun 14, 2013 4:21 pm
Re: WUSTL($$$$) vs. Northwestern ($)
Yeah, its certainly possible - just not probable. 16% big law and only 7% in nyc at all is a big gamble. I'm sure self selection plays some roll, but the numbers could only change so much.TheZoid wrote:I haven't been through OCI yet, but it seems like you really need to be top 10-15% at WUSTL to have a meaningful shot at NYC big law. You have a shot if you're outside that, but if NYC big law is that important to you, you're taking a fairly significant chance by going to wustl. Seems like you have to bite the bullet and go a quarter mill in debt if you're dead set on NYC.
- Robespierre
- Posts: 512
- Joined: Mon Jan 24, 2011 7:02 pm
Re: WUSTL($$$$) vs. Northwestern ($)
Roughly a 50% shot at achieving your career goal in exchange for 245K debt? Or roughly a 20% shot at achieving your career goal in exchange for minimal debt? (Romo is correct that if tuition is covered, you can graduate WUSTL with WAY less debt than you're projecting.)
Neither one's a great choice. Only you can make the call. If it were me I'd go with WUSTL. 245K debt will DEFINTITELY be hell if you take it on. NU's placement advantage, on the other hand, MAY OR MAY NOT pay off for you.
Neither one's a great choice. Only you can make the call. If it were me I'd go with WUSTL. 245K debt will DEFINTITELY be hell if you take it on. NU's placement advantage, on the other hand, MAY OR MAY NOT pay off for you.
-
- Posts: 1947
- Joined: Sat Mar 03, 2012 2:55 am
Re: WUSTL($$$$) vs. Northwestern ($)
More like 55-60%. But yeah, still scary.Robespierre wrote:Roughly a 50% shot at achieving your career goal in exchange for 245K debt?
-
- Posts: 11730
- Joined: Tue Sep 04, 2012 9:53 am
Re: WUSTL($$$$) vs. Northwestern ($)
If you want big law then NU is the only choice IMO.
Register now!
Resources to assist law school applicants, students & graduates.
It's still FREE!
Already a member? Login
- Robespierre
- Posts: 512
- Joined: Mon Jan 24, 2011 7:02 pm
Re: WUSTL($$$$) vs. Northwestern ($)
LST biglaw score for latest NU class is 49.2% But I guess you're saying about 55-60% of those who WANT biglaw get it? I would agree with that. You'd have to make the same adjustment for WUSTL, though.Ti Malice wrote:More like 55-60%. But yeah, still scary.Robespierre wrote:Roughly a 50% shot at achieving your career goal in exchange for 245K debt?
-
- Posts: 9807
- Joined: Sun Feb 19, 2012 10:53 pm
Re: WUSTL($$$$) vs. Northwestern ($)
sinfiery wrote:Taking on that much debt for education is and will always be a risk. If debt averseness is more important than geographic location or eventual chance of not obtaining biglaw, go to WUTSL, otherwise NU.
- BarbellDreams
- Posts: 2251
- Joined: Thu Mar 19, 2009 6:10 pm
Re: WUSTL($$$$) vs. Northwestern ($)
Did you not get into Cornell? Cause that would be the better option over NU at that price for NY biglaw. I would pick WUSTL knowing full well that NY biglaw may not happen and Chicago biglaw may happen but also not the most likely. 60K debt from WUSTL is pretty manageable though. If you are NY or bust I likely wouldn't pick either though.
-
- Posts: 49
- Joined: Fri Jun 14, 2013 4:21 pm
Re: WUSTL($$$$) vs. Northwestern ($)
I'm still on reserve at cornell, however I think I prefer NU... Not to mention cornell is more expensive, especially considering I have 30k at nu and probably nothing at cornell.BarbellDreams wrote:Did you not get into Cornell? Cause that would be the better option over NU at that price for NY biglaw. I would pick WUSTL knowing full well that NY biglaw may not happen and Chicago biglaw may happen but also not the most likely. 60K debt from WUSTL is pretty manageable though. If you are NY or bust I likely wouldn't pick either though.
Get unlimited access to all forums and topics
Register now!
I'm pretty sure I told you it's FREE...
Already a member? Login
-
- Posts: 20063
- Joined: Sun Mar 14, 2010 7:06 pm
Re: WUSTL($$$$) vs. Northwestern ($)
I made a similar choice and chose NU because I had no desire to work in the non-Chicago Midwest. That said, there is a decently high chance (roughly 1/3) that you will get screwed with enormous debt. I took that risk since my prelaw prospects were dead end. It probably wasn't safe or rational, but for super splitters there really are no good choices, only lots of bad ones.
- romothesavior
- Posts: 14692
- Joined: Fri Jun 26, 2009 4:29 pm
Re: WUSTL($$$$) vs. Northwestern ($)
Also clerkships.Robespierre wrote:LST biglaw score for latest NU class is 49.2% But I guess you're saying about 55-60% of those who WANT biglaw get it? I would agree with that. You'd have to make the same adjustment for WUSTL, though.Ti Malice wrote:More like 55-60%. But yeah, still scary.Robespierre wrote:Roughly a 50% shot at achieving your career goal in exchange for 245K debt?
-
- Posts: 1947
- Joined: Sat Mar 03, 2012 2:55 am
Re: WUSTL($$$$) vs. Northwestern ($)
I'm going off the BigLaw + FedClerk percentages. Presumably, someone who lands a federal clerkship is either going into BigLaw afterward or could have gotten BigLaw if they had wanted it.Robespierre wrote:LST biglaw score for latest NU class is 49.2% But I guess you're saying about 55-60% of those who WANT biglaw get it? I would agree with that. You'd have to make the same adjustment for WUSTL, though.Ti Malice wrote:More like 55-60%. But yeah, still scary.Robespierre wrote:Roughly a 50% shot at achieving your career goal in exchange for 245K debt?
- Samara
- Posts: 3238
- Joined: Wed May 11, 2011 4:26 pm
Re: WUSTL($$$$) vs. Northwestern ($)
at people parroting LST big firm percentages as your odds at biglaw. Odds at NU are probably around 70%, provided you are any good at OCI.
Communicate now with those who not only know what a legal education is, but can offer you worthy advice and commentary as you complete the three most educational, yet challenging years of your law related post graduate life.
Register now, it's still FREE!
Already a member? Login
- romothesavior
- Posts: 14692
- Joined: Fri Jun 26, 2009 4:29 pm
Re: WUSTL($$$$) vs. Northwestern ($)
Also this.Samara wrote: at people parroting LST big firm percentages as your odds at biglaw. Odds at NU are probably around 70%, provided you are any good at OCI.
- Cobretti
- Posts: 2593
- Joined: Tue Aug 21, 2012 12:45 am
Re: WUSTL($$$$) vs. Northwestern ($)
romothesavior wrote:Also this.Samara wrote: at people parroting LST big firm percentages as your odds at biglaw. Odds at NU are probably around 70%, provided you are any good at OCI.
So if we're looking at 1Ls' experiences at each school we're now comparing 70% to 10-15%. How is a gap that large not worth the additional debt?TheZoid wrote:I haven't been through OCI yet, but it seems like you really need to be top 10-15% at WUSTL to have a meaningful shot at NYC big law. You have a shot if you're outside that, but if NYC big law is that important to you, you're taking a fairly significant chance by going to wustl. Seems like you have to bite the bullet and go a quarter mill in debt if you're dead set on NYC.
- simplycatalina
- Posts: 935
- Joined: Tue Oct 09, 2012 7:41 pm
Re: WUSTL($$$$) vs. Northwestern ($)
+1. NU is more likely to get you to your goals OP. There's obviously risk involved but IMO is risk worth taking.Cobretti wrote:romothesavior wrote:Also this.Samara wrote: at people parroting LST big firm percentages as your odds at biglaw. Odds at NU are probably around 70%, provided you are any good at OCI.So if we're looking at 1Ls' experiences at each school we're now comparing 70% to 10-15%. How is a gap that large not worth the additional debt?TheZoid wrote:I haven't been through OCI yet, but it seems like you really need to be top 10-15% at WUSTL to have a meaningful shot at NYC big law. You have a shot if you're outside that, but if NYC big law is that important to you, you're taking a fairly significant chance by going to wustl. Seems like you have to bite the bullet and go a quarter mill in debt if you're dead set on NYC.
Last edited by simplycatalina on Wed Jul 03, 2013 9:37 am, edited 1 time in total.
- jbagelboy
- Posts: 10361
- Joined: Thu Nov 29, 2012 7:57 pm
Re: WUSTL($$$$) vs. Northwestern ($)
so 2012Samara wrote: at people parroting LST big firm percentages as your odds at biglaw. Odds at NU are probably around 70%, provided you are any good at OCI.
Seriously? What are you waiting for?
Now there's a charge.
Just kidding ... it's still FREE!
Already a member? Login