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NYU (sticker) v. BU ($$$)

Posted: Thu May 07, 2015 11:36 pm
by myguitarisinmymind
Within a few grand:
BU: COA after scholarship = ~100k
NYU (not 100% sure, but most likely they give me either nothing or almost nothing): COA = ~255k

Rich brat financing via inheritance (sorry). If I go to BU, I'll be debt-free and have some serious savings post-graduation. I would probably have to take out ~50k in loans for NYU.

I'm from New England and enjoy living in Boston, a few ties with employers through internships but nothing earth-shaking. I just want to be in the Northeast long term, so New York (or even DC, etc.) would also be great. Main drawback to NYC is that it's (duh) absurdly expensive.

3.75/169 (2 takes)

Not dead set on BigLaw, but my concern is that at BU, I'd be shutting myself out of the opportunities available at NYU right out of the gate. Obviously the job prospects and potential earnings at NYU are far, far better and 50k of debt is not terrible for a T6. On the other hand, I can afford to go to BU and get a middling job, so it's not like I'm gonna be broke if I don't hit the top of my class. I'll have zero debt as well as a savings cushion, and that's very appealing.

I can't get outside my head, so apologies if I'm being an idiot. Is there an obvious right answer?

Re: NYU (sticker) v. BU ($$$)

Posted: Thu May 07, 2015 11:48 pm
by BrazilBandit
How about Cornell? or Virginia? were you a late applicant? Cheaper COA and Weggman's make Ithaca a great option if you wanna stay the northeast (if snagged at the right price, which it should be with your stats).

Re: NYU (sticker) v. BU ($$$)

Posted: Thu May 07, 2015 11:49 pm
by Hutz_and_Goodman
Bu

Re: NYU (sticker) v. BU ($$$)

Posted: Thu May 07, 2015 11:53 pm
by OhBoyOhBortles
BrazilBandit wrote:How about Cornell? or Virginia? were you a late applicant? Cheaper COA and Weggman's make Ithaca a great option if you wanna stay the northeast (if snagged at the right price, which it should be with your stats).

Re: NYU (sticker) v. BU ($$$)

Posted: Thu May 07, 2015 11:54 pm
by PeanutsNJam
NYU if you're inheritance financing.

The reason why people don't like paying sticker is because sticker debt is terrible. You borrow 250k to go through school and pay back 400k when all is said and done. You're forced to make monthly 3k payments; it's an ankle monitor. Dropping 200k cash for a degree from NYU isn't that bad, you'll get a much greater ROI than if you wasted 3 years at BU.

Re: NYU (sticker) v. BU ($$$)

Posted: Thu May 07, 2015 11:56 pm
by ManoftheHour
Sticker is for pure suckers.

If you're not borrowing for sticker, then yolo.

Re: NYU (sticker) v. BU ($$$)

Posted: Thu May 07, 2015 11:59 pm
by BizBro
Neither. Retake and apply to t14 again. Spend the year working or traveling. Get $$$ at one of the other schools.

Re: NYU (sticker) v. BU ($$$)

Posted: Fri May 08, 2015 12:07 am
by downbeat14
BizBro wrote:Neither. Retake and apply to t14 again. Spend the year working or traveling. Get $$$ at one of the other schools.


It's bad if these r literally your only two options. What went wrong?

Re: NYU (sticker) v. BU ($$$)

Posted: Fri May 08, 2015 12:13 am
by Hikikomorist
Get a few more questions right and go to NYU for close to the price BU is now.

Re: NYU (sticker) v. BU ($$$)

Posted: Fri May 08, 2015 12:24 am
by Mack.Hambleton
You should have $ at Cornell/Michigan/NW with those numbers.

Reapply and retake

Re: NYU (sticker) v. BU ($$$)

Posted: Fri May 08, 2015 12:42 am
by DaRascal
NYU for sure since you're not taking out the loans. You'll make that money back five years out of law school and have a better career trajectory than if you had gone to BU.


Also, can I borrow a few hundred thousand to play poker? We'll split the winnings 60-40. I need a wise TLS businessperson to stake me.

Re: NYU (sticker) v. BU ($$$)

Posted: Fri May 08, 2015 12:49 am
by kingpin101
Law schools might as well raise tuition to 100k, because all these rich families clearly don't give a damn.

Re: NYU (sticker) v. BU ($$$)

Posted: Fri May 08, 2015 1:03 am
by Broncos15
1 or two more LSAT points can make a world of difference here.

Don't rush it