Michigan v GULC

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WaitWaitDontSay
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Re: Michigan (90k) vs. Georgetown (150k)

Postby WaitWaitDontSay » Wed May 25, 2016 1:20 pm

conztance wrote:
On a serious note, you are more likely to get a better education and better employment prospects at Michigan.

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jbagelboy
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Re: Michigan (90k) vs. Georgetown (150k)

Postby jbagelboy » Wed May 25, 2016 4:27 pm

How can GULC still be over $100,000 in debt with a $150,000 scholarship? Isn't that basically COL+$10k each year? These debt amounts seem crazy inflated to me.

gazorpazorp
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Re: Michigan (90k) vs. Georgetown (150k)

Postby gazorpazorp » Wed May 25, 2016 4:36 pm

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Last edited by gazorpazorp on Thu Jun 02, 2016 6:17 pm, edited 1 time in total.

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Hand
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Re: Michigan (90k) vs. Georgetown (150k)

Postby Hand » Wed May 25, 2016 4:39 pm

gazorpazorp wrote:
jbagelboy wrote:How can GULC still be over $100,000 in debt with a $150,000 scholarship? Isn't that basically COL+$10k each year? These debt amounts seem crazy inflated to me.


I just plugged the numbers into GULC's online debt calculator. (Based on 2016-17 COA projections of approx. 85,500 for GULC & approx. 76,000 for Mich).

Law School Transparency projects a debt total of $105,000 even with a full ride at GULC based on absurd COL in DC ($27,000+).

With an SA in your 2L summer and some side cash from RA-ing, you should be able to keep your debt at GULC at no more than $100K even given how absurdly expensive it is to live in the city.

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buckiguy_sucks
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Re: Michigan (90k) vs. Georgetown (150k)

Postby buckiguy_sucks » Wed May 25, 2016 4:45 pm

Hand wrote:
gazorpazorp wrote:
I just plugged the numbers into GULC's online debt calculator. (Based on 2016-17 COA projections of approx. 85,500 for GULC & approx. 76,000 for Mich).

Law School Transparency projects a debt total of $105,000 even with a full ride at GULC based on absurd COL in DC ($27,000+).

With an SA in your 2L summer and some side cash from RA-ing, you should be able to keep your debt at GULC at no more than $100K even given how absurdly expensive it is to live in the city.


My COL is closer to 20 than 27

I split a studio w/ an SO but rooms in houses can be had for what I pay in rent

gazorpazorp
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Re: Michigan (105k) vs. Georgetown (165k)

Postby gazorpazorp » Wed Jun 01, 2016 3:38 am

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Last edited by gazorpazorp on Thu Jun 02, 2016 6:47 pm, edited 1 time in total.

candidlatke
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Re: Michigan (105k) vs. Georgetown (165k)

Postby candidlatke » Wed Jun 01, 2016 5:29 am

gazorpazorp wrote:Now looking at $105,000 at Mich vs $165,000 from GULC. It's honestly tough for me to choose Michigan at this point, even with the better employment #'s.


wow, that's a tough one and georgetown really seems to want you.

don't think you can go wrong either way here with that kind of $$$$ and you seem biased towards georgetown already.

i'd say just pick which you really want. gulc at that price is defensible and there's worse outcomes than graduating from the school you want for basically CoL

disclaimer: currently on michigan's WL but i doubt that many would objectively find fault with either choice




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