In regards to your question, I don't know where I want to practice. I've lived on both coasts, the midwest, and the south. I'm sure I'd be happy working anywhere as long as its in a city. I'd like to have minimal debt and as many options as possible, but would be willing to take on debt if the opportunities available to me upon graduation justify it. I'm trying to figure out if the opportunities from a T14 program like Northwestern or Duke justify the amount of debt I'd have to take on versus going to Texas or any of my other scholarship offers. Lets assume I'll work hard enough to be median+ wherever I go.
Also, what if a joker came up, like an acceptance to U Chicago or NYU or Penn? Will the opportunities afforded to me there be more valuable than graduating debt free at UT or my other offers, in y'alls professional opinion?
Again, thank you.
Fair response, brew. So it sounds like you have weak ties everywhere, which may throw a wrench in Texas. I'll let anyone from Texas chew on whether UT out of state is a good idea, scholarship or not. From what I've heard, the state of Texas has a decent big law market, assuming you want to live in Dallas or Houston.
The reason why a bunch of us are cautious even about attending good law schools at sticker is b/c we're paying back our loans or watching our loan balances grow while we're in IBR/PAYE. Seeing $1,500-$2,500 of every month's paycheck leave gets old really fast. And that's assuming you're lucky enough to have a job where you can afford to pay back your $1,500-$2,500 monthly payment. Even then, we know a large chunk of us in big law will not be in big law 5 years from now, but our loans will still be due. Losing a $160,000+ a yr job and still having to pay back $1,500-$2,500 a month becomes terrifying. Not having the loans gives you options.