University of North Texas- Dallas College of Law Forum

[Ti Malice]

I'm blown away by their class size! I was expecting half of that.

Not that surprising. The tuition is very cheap compared to the rest, the ability to fog a mirror earns you admission, and DFW isn't Fort Wayne. Doesn't hurt that the law school is part of a very large university (UNT in Denton has 36-38K students); some number of UNT grads will take the path of least resistance and opt to attend the law school every year.

[shifty_eyed]

The reason is that Texas Southern is in Houston and UNT is in Dallas. Part of the reason LS is out of reach for their (presumed) target student is because relocation is also probably out of the question. To your other post, yes, I do think that it being a not-for-profit school makes it better morally. To me, it signals that the State is attempting this for good reasons where for-profit schools are doing it solely to get rich. I'm sure their employment numbers are going to suck and I don't advocate going here but I understand its purpose. DFW is a huge metropolitan area; it should have a public law school.

I'm sure some of the 70% of unemployed Texas Southern grads can make the 250 mile trek up to Dallas to fill the void.

You truly believe that Southern University is better than Florida Coastal? If Southern can look at its repeated dogshit employment stats and continue to charge $120k in the name of "good reasons," they are as morally bankrupt as anyone else.

What if HLS was suddenly bought by Infilaw? Would it suddenly become evil because it's for-profit?

Southern and Texas Southern are two differenTTT schools in two different states. Incidentally, TSU (Thurgood Marshall) used to only cost $13k/yr in 2010. Now it costs 23k/yr. Slightly better employment stats than Southern. http://www.lstscorereports.com/schools/ ... hern/2013/

[Ricky-Bobby]

Southern and Texas Southern are two differenTTT schools in two different states. Incidentally, TSU (Thurgood Marshall) used to only cost $13k/yr in 2010. Now it costs 23k/yr. Slightly better employment stats than Southern. http://www.lstscorereports.com/schools/ ... hern/2013/

Yeah, I should have differentiated better. I was just using Southern because it is a public school with a lower employment score than Florida Coastal. It worked for the point of public vs. for-profit.

[kalvano]

factoring in 5% cost inflation on tuition, here are in-state numbers

1L $14,040
col: $20,238
total: $34,278

2L $14,742
col: $20,238
total: $34,980

3L $15,479
col: $20,238
total: $35,717

with loan fees of 220 per year and interest at 6.21%
assuming six month deferment
$4,812 in interest on 1L loans, $3,332 in interest on 2L loans, and $1,939 in interest on 3L loans
for a total of $10,743 in stafford loan fees and interest

unmet need:
$13,778 ($591 plus loan origination, $3,801 interest)
$14,480 ($621 plus loan origination, $2,752 interest)
$15,217 ($653 plus loan origination, $1,675 interest)

total principle: $104,975
total interest and fees: $20,836
grand total: $125,811

yeah great deal

To be fair, their target market is almost entirely the part-time program for people who have a regular job and will continue to do so, and thus won't need COL loans.

[TheJanitor6203]

Your earlier post says nothing of relative costs. Don't move the goalposts by adding the caveat "low cost option." At that point the disagreement shifts to what constitutes "low cost."

My very first post in this thread said "It seems like their target is the lower income population of Dallas that want law school but can't afford SMU." So, yes, from the very beginning, my argument was that at least it's a low cost not-for-profit school.

[TheJanitor6203]

factoring in 5% cost inflation on tuition, here are in-state numbers

1L $14,040
col: $20,238
total: $34,278

2L $14,742
col: $20,238
total: $34,980

3L $15,479
col: $20,238
total: $35,717

with loan fees of 220 per year and interest at 6.21%
assuming six month deferment
$4,812 in interest on 1L loans, $3,332 in interest on 2L loans, and $1,939 in interest on 3L loans
for a total of $10,743 in stafford loan fees and interest

unmet need:
$13,778 ($591 plus loan origination, $3,801 interest)
$14,480 ($621 plus loan origination, $2,752 interest)
$15,217 ($653 plus loan origination, $1,675 interest)

total principle: $104,975
total interest and fees: $20,836
grand total: $125,811

yeah great deal

Considering the other option in Dallas it may be the right price for some. I'm too lazy to figure out all the numbers as you did but if you just replace the tuition and fees of UNT with SMU ($48,800) and figure in all of the other numbers the same you get $227,950.

[Grond]

factoring in 5% cost inflation on tuition, here are in-state numbers

1L $14,040
col: $20,238
total: $34,278

2L $14,742
col: $20,238
total: $34,980

3L $15,479
col: $20,238
total: $35,717

with loan fees of 220 per year and interest at 6.21%
assuming six month deferment
$4,812 in interest on 1L loans, $3,332 in interest on 2L loans, and $1,939 in interest on 3L loans
for a total of $10,743 in stafford loan fees and interest

unmet need:
$13,778 ($591 plus loan origination, $3,801 interest)
$14,480 ($621 plus loan origination, $2,752 interest)
$15,217 ($653 plus loan origination, $1,675 interest)

total principle: $104,975
total interest and fees: $20,836
grand total: $125,811

yeah great deal

To be fair, their target market is almost entirely the part-time program for people who have a regular job and will continue to do so, and thus won't need COL loans.

Yeah, this. I'm thinking the typical student is going to be a legal assistant at a small shop, with the attitude that since they're doing most of the work anyway, they might as well get the JD and get paid. Depending on the lifestyle (lord, imagine the number of leased C-classes in the parking garage) there won't be much debt at all.