WUSTL c/o 2015 Applicants (2011-2012 cycle)

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Robespierre
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby Robespierre » Thu May 31, 2012 1:29 pm

splitsplat wrote:
Robespierre wrote:Well if your family could put up, say, 50K towards law school, that would bring your debt burden down to about 80K for WashU, which is scary but not outrageous. For NU the debt would still be about 200K, and I just can't see taking on that kind of burden for anything less than H or Y. So, WashU.

But if your family can't put up anything, you are looking at roughly 130K debt for WashU and 250K debt for NU. Neither one looks attractive on that basis in the middle of a recession; consider trying again a couple of years down the road. If I had to choose, I would say -- strange as it may seem -- NU. At some point, massive debt is just massive debt.


your estimate is off. rounding up tuition+school cost to 20k a year after scholarships is only 60k. I doubt books/room/board are going to cost 23k/year in st. louis.


The cost of attendance of WashU is listed on the website as 201K. Tuition will undoubtedly go up over the next two years, so it's best to assume about 206K. And if he has to finance most of that, interest will accrue while he's in school, so the 206K will turn into about 220K by the time he graduates (probably more, actually). Subtract the 90K scholarship and you get 130K in debt.

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Birdnals
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby Birdnals » Thu May 31, 2012 1:46 pm

Robespierre wrote:The cost of attendance of WashU is listed on the website as 201K. Tuition will undoubtedly go up over the next two years, so it's best to assume about 206K. And if he has to finance most of that, interest will accrue while he's in school, so the 206K will turn into about 220K by the time he graduates (probably more, actually). Subtract the 90K scholarship and you get 130K in debt.

--LinkRemoved--

This site helps get a realistic estimate. You can put in other expected factors too like part time jobs or SAs, etc.

TheZoid
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby TheZoid » Thu May 31, 2012 1:58 pm

Robespierre wrote:Heh, I'm an NYC guy so not all that familiar with S.

You goin' to WashU?


Yea, I'll be there in the fall. How bout you?

TheZoid
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby TheZoid » Thu May 31, 2012 2:00 pm

Robespierre wrote:
splitsplat wrote:
Robespierre wrote:Well if your family could put up, say, 50K towards law school, that would bring your debt burden down to about 80K for WashU, which is scary but not outrageous. For NU the debt would still be about 200K, and I just can't see taking on that kind of burden for anything less than H or Y. So, WashU.

But if your family can't put up anything, you are looking at roughly 130K debt for WashU and 250K debt for NU. Neither one looks attractive on that basis in the middle of a recession; consider trying again a couple of years down the road. If I had to choose, I would say -- strange as it may seem -- NU. At some point, massive debt is just massive debt.


your estimate is off. rounding up tuition+school cost to 20k a year after scholarships is only 60k. I doubt books/room/board are going to cost 23k/year in st. louis.


The cost of attendance of WashU is listed on the website as 201K. Tuition will undoubtedly go up over the next two years, so it's best to assume about 206K. And if he has to finance most of that, interest will accrue while he's in school, so the 206K will turn into about 220K by the time he graduates (probably more, actually). Subtract the 90K scholarship and you get 130K in debt.


I don't think you're numbers are that far off, but you can't just subtract the scholly off the back end, because the interest will accrue off a smaller number, since the scholarship is taken off tuition each year.

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Robespierre
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby Robespierre » Thu May 31, 2012 2:08 pm

TheZoid wrote:
Robespierre wrote:
splitsplat wrote:
Robespierre wrote:Well if your family could put up, say, 50K towards law school, that would bring your debt burden down to about 80K for WashU, which is scary but not outrageous. For NU the debt would still be about 200K, and I just can't see taking on that kind of burden for anything less than H or Y. So, WashU.

But if your family can't put up anything, you are looking at roughly 130K debt for WashU and 250K debt for NU. Neither one looks attractive on that basis in the middle of a recession; consider trying again a couple of years down the road. If I had to choose, I would say -- strange as it may seem -- NU. At some point, massive debt is just massive debt.


your estimate is off. rounding up tuition+school cost to 20k a year after scholarships is only 60k. I doubt books/room/board are going to cost 23k/year in st. louis.


The cost of attendance of WashU is listed on the website as 201K. Tuition will undoubtedly go up over the next two years, so it's best to assume about 206K. And if he has to finance most of that, interest will accrue while he's in school, so the 206K will turn into about 220K by the time he graduates (probably more, actually). Subtract the 90K scholarship and you get 130K in debt.


I don't think you're numbers are that far off, but you can't just subtract the scholly off the back end, because the interest will accrue off a smaller number, since the scholarship is taken off tuition each year.


I tried to allow for that in my figures. If the interest accrued on the whole 206K, then the 220K would be more like 235K. I cut it to 220K for the reason you're citing.

I might be at WashU ... still deciding between it and GW.

TheZoid
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby TheZoid » Thu May 31, 2012 2:11 pm

Cool, the way you typed it sounded deceiving. Good luck with your decision.

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Ubermaus
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby Ubermaus » Thu May 31, 2012 4:04 pm

Birdnals wrote:
Robespierre wrote:The cost of attendance of WashU is listed on the website as 201K. Tuition will undoubtedly go up over the next two years, so it's best to assume about 206K. And if he has to finance most of that, interest will accrue while he's in school, so the 206K will turn into about 220K by the time he graduates (probably more, actually). Subtract the 90K scholarship and you get 130K in debt.

--LinkRemoved--

This site helps get a realistic estimate. You can put in other expected factors too like part time jobs or SAs, etc.

Awesome. Thanks!

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Dr. Filth
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby Dr. Filth » Thu May 31, 2012 4:17 pm

Birdnals wrote:
Robespierre wrote:The cost of attendance of WashU is listed on the website as 201K. Tuition will undoubtedly go up over the next two years, so it's best to assume about 206K. And if he has to finance most of that, interest will accrue while he's in school, so the 206K will turn into about 220K by the time he graduates (probably more, actually). Subtract the 90K scholarship and you get 130K in debt.

--LinkRemoved--

This site helps get a realistic estimate. You can put in other expected factors too like part time jobs or SAs, etc.

Holy shit. This is depressing.

charliep
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby charliep » Thu May 31, 2012 10:09 pm

am i reading this deposit thing correctly? do we really have to withdraw all of our other applications after making the second deposit?

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westcoast
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby westcoast » Thu May 31, 2012 10:50 pm

charliep wrote:am i reading this deposit thing correctly? do we really have to withdraw all of our other applications after making the second deposit?


I guess so. This is news to me.

From the admitted students website:

"Scholarship recipients may not have deposits/seat reservations at multiple law schools after the second deposit deadline. Doing so may risk the loss of your scholarship from Washington University School of Law."

capsfan
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby capsfan » Thu May 31, 2012 10:56 pm

westcoast wrote:
charliep wrote:am i reading this deposit thing correctly? do we really have to withdraw all of our other applications after making the second deposit?


I guess so. This is news to me.

From the admitted students website:

"Scholarship recipients may not have deposits/seat reservations at multiple law schools after the second deposit deadline. Doing so may risk the loss of your scholarship from Washington University School of Law."


This does not mean you have to withdraw all of your other applicants, only that you cannot have multiple seat deposits.

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splitsplat
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby splitsplat » Thu May 31, 2012 11:41 pm

I'm withdrawing :( Have fun in St. Louis homies.

confusedlaw
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby confusedlaw » Mon Jun 04, 2012 7:44 pm

how much is the scholars in law scholarship award?

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Worker and Parasite
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby Worker and Parasite » Mon Jun 04, 2012 8:10 pm

confusedlaw wrote:how much is the scholars in law scholarship award?


It depends on your LSAT/GPA

Oftranch
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby Oftranch » Mon Jun 04, 2012 8:12 pm

confusedlaw wrote:how much is the scholars in law scholarship award?


Mine was $22,000/yr it was really hard to pass it up too.

confusedlaw
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby confusedlaw » Mon Jun 04, 2012 8:18 pm

167 3.7 but ihave 25k from fordham with no col so i dunno thanks for youre help . i doubt ill get much off the WL

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splitsplat
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby splitsplat » Mon Jun 04, 2012 8:33 pm

Worker and Parasite wrote:
confusedlaw wrote:how much is the scholars in law scholarship award?

It depends on your LSAT/GPA


Correcto. Wash U has 2 named full tuition scholarships (Webster & Buder) everything else is a "Scholar in Law" variable amount. Lowest I've seen is 10k/year and highest is 40k, though some boss is probably attending on a full ride and not on TLS or LSN.

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Ubermaus
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby Ubermaus » Tue Jun 05, 2012 12:37 pm

splitsplat wrote:
Worker and Parasite wrote:
confusedlaw wrote:how much is the scholars in law scholarship award?

It depends on your LSAT/GPA


Correcto. Wash U has 2 named full tuition scholarships (Webster & Buder) everything else is a "Scholar in Law" variable amount. Lowest I've seen is 10k/year and highest is 40k, though some boss is probably attending on a full ride and not on TLS or LSN.

I met somebody offered a full ride at ASD, but she ended up opting for Michigan. Like a boss.

Has anybody else been completely screwed by the cancellation of housing day in July? I'm so glad I got that email the day after I bought a $400 nonrefundable plane ticket. :evil:

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Birdnals
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby Birdnals » Tue Jun 05, 2012 12:45 pm

Ubermaus wrote:
splitsplat wrote:
Worker and Parasite wrote:
confusedlaw wrote:how much is the scholars in law scholarship award?

It depends on your LSAT/GPA


Correcto. Wash U has 2 named full tuition scholarships (Webster & Buder) everything else is a "Scholar in Law" variable amount. Lowest I've seen is 10k/year and highest is 40k, though some boss is probably attending on a full ride and not on TLS or LSN.

I met somebody offered a full ride at ASD, but she ended up opting for Michigan. Like a boss.

Has anybody else been completely screwed by the cancellation of housing day in July? I'm so glad I got that email the day after I bought a $400 nonrefundable plane ticket. :evil:

Sorry, that sucks. You can still go St. Louis and check places out. Just find a local real estate agents that knows the apartment complexes in the areas you are looking at. He/She should be able to do basically the same thing

confusedlaw
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby confusedlaw » Tue Jun 05, 2012 3:57 pm

37 k a year

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splitsplat
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby splitsplat » Tue Jun 05, 2012 4:15 pm

confusedlaw wrote:37 k a year

Congrats. That's a nice scholarship.

TheZoid
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby TheZoid » Tue Jun 05, 2012 4:31 pm

confusedlaw wrote:37 k a year


Holy shit 37k a year off the waitlist? Do you mind my asking your numbers? Congrats on the offer.

ETA: Sorry, saw your post. Nvrmnd. Congrats.

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ocajavati
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby ocajavati » Thu Jun 07, 2012 3:50 pm

$38k a year off WL... probably withdrawing, despite it being the best offer out of all peer schools.

Just not looking forward to killing myself trying to break into an insular market.

TheZoid
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby TheZoid » Thu Jun 07, 2012 3:57 pm

ocajavati wrote:$38k a year off WL... probably withdrawing, despite it being the best offer out of all peer schools.

Just not looking forward to killing myself trying to break into an insular market.


Congrats on the offer. They are throwing out huge $$ off the waitlist. Numbers if you don't mind sharing?

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cactuarX3
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Re: WUSTL c/o 2015 Applicants (2011-2012 cycle)

Postby cactuarX3 » Thu Jun 07, 2012 5:15 pm

TheZoid wrote:
ocajavati wrote:$38k a year off WL... probably withdrawing, despite it being the best offer out of all peer schools.

Just not looking forward to killing myself trying to break into an insular market.


Congrats on the offer. They are throwing out huge $$ off the waitlist. Numbers if you don't mind sharing?


I wonder if this has to do with their decline in the rankings...




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