0Lkid wrote:I didn't read the whole thread but just want to offer a non-circlejerk opinion. Also the question is about why Harvard students would go to Harvard, and as a 0L making that choice it could be a fresh perspective from someone who isn't a bitter 5 years out LS grad who still makes 300 posts on TLS per day. I would personally take even 100k of debt at Harvard (possibly more) instead of a half (over even a full) ride at CCN. To me it really seems like most people on this site talk about life outcomes purely in terms of money, and while that it is a priority for some people, others, especially those interested in PI have other goals. Now of course, everyone can't be president or on the supreme court or whatever, but 100% of people in unicorn jobs had to fully commit to going for those unicorn jobs while being laughed at by people who said it was incredibly unlikely. Of course 99% of the people who go for them fail, but that's something the 1% takes into account, and it's not like the 99% get nothing if they don't make it.
TLS people would take a safe 2nd over a risky 1st, but that's not everyone, and someone who would rather go for gold while risking coming in 3rd isn't necessarily stupid, as TLS would have you believe. It's just a different level of risk aversion, which when calculated is perfectly reasonable.
Harvard will leave more doors open (or more widely open) than going to CCN in many many ways, so if that matters to someone, taking a pay-cut for a few years in your 20s really, really isn't a ridiculous trade-off. People have different preferences, and I think TLS is just hostile towards anyone who expects more than median of themselves and doesn't care a ton about having a lot of money all the time.
The Harvard name carries in a ton of weight in such a large number of fields outside of NYC BigLaw, but anyone who supports Harvard on these forums gets ripped to shreds (last time I did it I got too many hostile PMs, hence me creating a throwaway this time).
Sticker at Harvard (using lawschool22's calculator, which calculates in loan interest and an annual tuition and COL increase) would make your total debt at repayment approximately 310K. That's not a pay cut just for "a few years in your 20s." To leave with 100K of debt at H you would have to be getting more than the max need based aid award (which would leave you with roughly $170K debt at repayment).
Or, you know, have rich parents. And I don't really question why rich ppl take H over full-rides at CCN.