tflan19 wrote: thebrownnote wrote:
Drmrndaphd wrote:Can someone please validate me that I am not crazy to pay sticker to go here? Low key panicking but also excited.
After clicking through a few of your old posts, I don't think you should do it. You don't seem to have a huge preference in what you want to do or where you want to do it. Just take that Georgetown money and laugh while other people are paying 2k+ a month in loans. Sticker almost never makes sense.
I'd like to argue the exact opposite. While sticker sucks (I know, I'll be paying it - but at a different school), if you plan to do Big Law and you're at a school that places well into Big Law, it is totally manageable. If you're older/have a family to support or have existing debts, this might be a little different. However, if you're willing to grind for a couple years after graduation, UVA will give you much better outcomes in the long run. As you said yourself, GULC's employment data is horribly depressing. Also, CoL in DC v Charlottesville should also inform your financial decision making.
TLS is crazy debt averse and spending a lot of time on this site will inevitably make you doubt your decision to pay sticker. However, it seems like most UVA students are paying sticker and alumni engagement and giving is still incredibly high. Debt is a normal part of getting a professional degree and unfortunately sometimes very necessary to reach your goals.
edit: I also just withdrew - that should free up a good chunk of money for yall!
Sticker might make sense at Yale, where you are attending, but that is irrelevant to this discussion.
And because I was almost certainly unclear, sticker itself (roughly 200k total COA) might make sense if you have money saved and parental/other money helping you pay that bill. But taking out loans for sticker, leaving you paying back close to 300k when all is said and done? No way. Don't be fooled into thinking that because the 509 shows that roughly 55% of students are paying sticker, that means 45% are taking out loans to do so. Law school, like life, unfairly favors the wealthy.
If you got into uva at sticker, you probably got into northwestern, vandy, and wash u with varying scholarships. And if you got into uva, you have a good chance of making it into the top 35% at one of those schools. If all you want is a biglaw job, that's basically all you need.