NiccoloA wrote:I wouldn't pay sticker for anything that isn't Top 6
But I think that I, and a lot of others, are put in sticky situation. I'm graduating UG with debt, more than I wanted to when the economy took its toll on my parents. If I were to graduate with my BA and just stick with that, I'd be in debt with as much as my median starting salary would probably give me in a career field that I don't really want to go through anymore.
A lot of people here say that law school isn't worth heavy amounts of debt, but for someone that can increase his starting salary by $25 - 65k with the opportunity to make a lot more over the course of his lifetime. The extra debt begins to go down in severity, especially if being a lawyer is something you really want to do. It's a tricky balance, I honestly don't think that I'd be particularly good at anything else, but I have to balance that with debt aversion.
Altogether I don't want to pay more than $80k for law school, unless I'm going to Stanford.
So 90k for MVPDN = out of the question, but 60k for T30 = golden?
A. Don't be a douche to me.
B. It's a tricky balance. If I had 90k worth of debt to go to Virginia, or Duke, then it would be difficult for me to pass up and I'd have to compare it to my other options. Overall, I'd have about 135K in debt with my undergrad. Assuming I make the high end of 120K at that, on second thought, yeah, I'd probably elect to take it, but it's a gamble I'd be scared to make nonetheless given the economy.
The point is that I'm skimming the margin at that point. If I had the options in front of me right now, it would be easier to assess how I actually feel about the risk - obviously - but guessing about myself, the marginal value of T14 (especially if it is T14 at a place I might not like) may not be enough to offset my debt aversion given the option of being in low tier 1 with 80-90k debt.