cotiger wrote:But broadly, their COL number is pretty accurate if you're living near-ish campus and being budget conscious but not a complete ascete. So, basically being a normal student.
I've heard that schools generally inflate their cost-of-living numbers so that students can borrow more money than really needed just to be safe. That being said, there will definitely be lots of law school class of 2017 students with 300k+ in debt.
Oh sure, it's not too difficult to get under the COL. They budgeted $22,396 last year for the nine months. If you live out in lower-rent Brooklyn with multiple roommates (commute ~35 minutes by subway), and rarely go out to eat or drink, then you could get that down to around $16,000.
But if you want, say, a studio in the LES (commute ~10 minutes by bike, 15 minutes by subway, or 20 minutes by foot), and be able to go out a little more often, that COL is going to rise to more like $26,000.
Change the LES studio to the East Village with a roommate (same commute), again with going out a moderate amount, and you're right at that $22,000 COL.
Variants of that third option is what I imagine is a pretty typical 1L experience.