cusenation wrote:sublime wrote:cron1834 wrote:Offered stacks on stacks on stacks. Gonna have a tough choice between COL-debt here and large-debt from a T14.
Both CuseNation and I had or could have probably had T14 offers at around sticker and chose to attend here on a full. Feel free to pm us if you have any questions. And the same goes for anyone else.
+1. feel free to PM either of us.
A large chunk of the 1Ls had T14 offers (with varying scholarship offers). There are undoubtedly benefits to be enjoyed by attending a T14, even at sticker. But that calculus is shaped by your career goals, your performance in law school, your performance in the workplace, personal goals, and debt.
I will say that if you choose the T14 @ sticker route, do not assume you will pay it off within 3-5 years. That's a pipe dream for most people. Assume that it'll take 6-10 years and understand that there's a chance that you leave BigLaw before the loans are paid off, either because you fall victim to layoffs or the more likely scenario: that you'll hate it and leave on your own*.
*With the caveat that not all BigLaw is created equal. NYC BigLaw is a different beast entirely from STL BigLaw. And true BigLaw is different from market-paying MidLaw
Thanks for the thoughts; sounds reasonable. I don't think it's financially possible for me to go @sticker anywhere. That's just too much debt. I'll definitely have a lot to think about over the next month or two!