TheSituation wrote:From a financial perspective, at what point is it foolish to attend a school ranked similar to that at which you teach? Giving the figure in terms of tuition per year would be most helpful. Off to GTL.
That's difficult to say. I *attended* a law school where 50k was worth it.
Where I teach, I think 20k a year is definitely worth it. 30k, less so. 50k, a total rip off.
The calculus changes to the extent you are independently wealthy or if you really, really, really, really want to become a lawyer and will be so happy in that position that you won't blink at being a slave to your debt.
Again, though, I've never been in a position to consider it carefully. I do think my school is a good school and that my best students are as good as the best students at my T5. I have far more serious reservations about the bottom half of the class, though.