How valuable is it to you?

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
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Young Marino
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Joined: Fri Apr 26, 2013 6:36 pm

How valuable is it to you?

Postby Young Marino » Fri Jul 12, 2013 12:28 pm

Just wondering what TLS thinks of what an appropriate amount of money to be borrowed for a JD. With the average student graduating with around $130k in student loan debt, how much debt is actually worth the investment? I think we can all agree that $100k in debt is acceptable in few cases involving tier 1 schools. But outside of that, how much is the value of a TT-TTTT JD worth to you? Anything less than $45k depending on how strong of a regional reputation a given school has? Maybe none at all? I'd like to hear what you all think of this...

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phillywc
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Joined: Tue Feb 19, 2013 12:17 am

Re: How valuable is it to you?

Postby phillywc » Sun Jul 14, 2013 10:02 pm

No possible answer. 100% depends on the schools and your particular goals/circumstances.

Most TTTs I wouldn't go to for much more then 50k even if I did want to live in that region and it was a decent regional school.

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nickb285
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Joined: Mon Jul 16, 2012 4:25 pm

Re: How valuable is it to you?

Postby nickb285 » Mon Jul 15, 2013 12:21 pm

phillywc wrote:No possible answer. 100% depends on the schools and your particular goals/circumstances.


TITCR. Just for a personal example, I was prepared to go to a strong regional school for $45-75k (conditionally renewable scholarship) total COA, though $75k was toward the upper end of what I'd want to pay for a strong regional. However, I recently discovered I may be able to go lower T14 for just over $100k, which to me seems like a better deal even though it's objectively more money.




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