Northwestern (165k) v. Harvard (sticker?)

(Rankings, Profiles, Tuition, Student Life, . . . )

Which school?

Northwestern (165k)
64
69%
Harvard (sticker)
29
31%
 
Total votes: 93

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TasmanianToucan
Posts: 574
Joined: Wed Feb 04, 2015 11:16 am

Re: Northwestern (165k) v. Harvard (sticker?)

Postby TasmanianToucan » Fri Jun 05, 2015 5:24 pm

NU. Saying, "but it's Haaaaarvuhd!" is not really an argument. A 6% difference in biglaw/fedclerk is not worth 165k. Not even close. And yes, I'm aware that bl/fc is not a perfect measurement but it seems like a reasonable measure of desirable outcomes, especially considering that in this case the difference in overall JD required employment also has about a 7% difference or something like that.

PodPeople
Posts: 46
Joined: Thu Jun 04, 2015 5:41 pm

Re: Northwestern (165k) v. Harvard (sticker?)

Postby PodPeople » Fri Jun 05, 2015 5:27 pm

I'm an adult with 10+ years of work experience. I understand debt, of both the student kind and the Nordstrom card kind. And I also understand that where you go to college matters, especially within the legal field. I would gladly pay back a couple hundred thousand to go to Harvard. As an adult in the real world, I know how to manage my money well.

As for the "killing" comment, oh please. Obvious sarcasm!

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jbagelboy
Posts: 9641
Joined: Thu Nov 29, 2012 7:57 pm

Re: Northwestern (165k) v. Harvard (sticker?)

Postby jbagelboy » Fri Jun 05, 2015 5:32 pm

PodPeople wrote:I'm an adult with 10+ years of work experience. I understand debt, of both the student kind and the Nordstrom card kind. And I also understand that where you go to college matters, especially within the legal field. I would gladly pay back a couple hundred thousand to go to Harvard. As an adult in the real world, I know how to manage my money well.

As for the "killing" comment, oh please. Obvious sarcasm!


this isn't about where you go to college

kaiser
Posts: 2940
Joined: Mon May 09, 2011 11:34 pm

Re: Northwestern (165k) v. Harvard (sticker?)

Postby kaiser » Fri Jun 05, 2015 5:32 pm

Definitely NW. 165K is a TON of money, and that's before you factor in the interest that will accrue, the manner in which it will affect your lifestyle and career flexibility, etc. Almost any practicing lawyer will advise you to take NW with that kind of price difference. You haven't said anything at all that would lead any rational observer to say "well, the additional cost may be justified in your circumstances"

Nomo
Posts: 700
Joined: Thu Feb 27, 2014 2:06 am

Re: Northwestern (165k) v. Harvard (sticker?)

Postby Nomo » Fri Jun 05, 2015 5:49 pm

According to LST, if you borrow the max amount for Harvard at full tuition, and then go on a 10 year repayment plan you will pay $3,457 per month. That number is completely and utterly absurd. To come out ahead financially you're going to have to have an unusually lucrative career - probably making equity partner. Is there any reason to believe that Harvard is going to make it that much more likely that you become an equity partner? Is there any reason to believe that you even want a 20 or 30 year career in biglaw.

WheninLaw
Posts: 546
Joined: Fri Feb 24, 2012 3:35 pm

Re: Northwestern (165k) v. Harvard (sticker?)

Postby WheninLaw » Sat Jun 06, 2015 11:26 pm

PodPeople wrote:I'm an adult with 10+ years of work experience. I understand debt, of both the student kind and the Nordstrom card kind. And I also understand that where you go to college matters, especially within the legal field. I would gladly pay back a couple hundred thousand to go to Harvard. As an adult in the real world, I know how to manage my money well.

As for the "killing" comment, oh please. Obvious sarcasm!


It is terrifying how little you get it. I truly don't mean to come off like a dick, but try and figure it out before you apply for schools.

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star fox
Posts: 13709
Joined: Fri Feb 01, 2013 4:13 pm

Re: Northwestern (165k) v. Harvard (sticker?)

Postby star fox » Sun Jun 07, 2015 3:56 pm

PodPeople wrote:I'm an adult with 10+ years of work experience. I understand debt, of both the student kind and the Nordstrom card kind. And I also understand that where you go to college matters, especially within the legal field. I would gladly pay back a couple hundred thousand to go to Harvard. As an adult in the real world, I know how to manage my money well.

As for the "killing" comment, oh please. Obvious sarcasm!

Its not so much about whether you can manage money, but that you'll likely be about 200K behind where you would be the rest of your life based on this decision. How many people can say that amount at any point in life becomes negligible?

NorCalLaw
Posts: 163
Joined: Sun Apr 13, 2014 10:33 pm

Re: Northwestern (165k) v. Harvard (sticker?)

Postby NorCalLaw » Tue Jun 09, 2015 9:30 pm

PodPeople wrote:I'm an adult with 10+ years of work experience. I understand debt, of both the student kind and the Nordstrom card kind. And I also understand that where you go to college matters, especially within the legal field. I would gladly pay back a couple hundred thousand to go to Harvard. As an adult in the real world, I know how to manage my money well.

As for the "killing" comment, oh please. Obvious sarcasm!


While you're managing that debt so well, the Northwestern kid with the huge scholarship is managing his investments and soon, his mortgage. He's 5-10 years ahead of you, permanently.

krads153
Posts: 632
Joined: Wed Apr 15, 2015 4:18 pm

Re: Northwestern (165k) v. Harvard (sticker?)

Postby krads153 » Tue Jun 16, 2015 10:34 pm

PodPeople wrote:I'm an adult with 10+ years of work experience. I understand debt, of both the student kind and the Nordstrom card kind. And I also understand that where you go to college matters, especially within the legal field. I would gladly pay back a couple hundred thousand to go to Harvard. As an adult in the real world, I know how to manage my money well.

As for the "killing" comment, oh please. Obvious sarcasm!


(Says the guy who has never worked biglaw)




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