What's Better? BU with Dinero or T10 Forum

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Poll ended at Thu Jan 28, 2010 3:31 pm

BU $75,000 total
10
17%
NYU
30
52%
Chicago
17
29%
Penn
1
2%
 
Total votes: 58

Dtackpat75

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What's Better? BU with Dinero or T10

Post by Dtackpat75 » Thu Jan 21, 2010 3:30 pm

So I haven't heard about any money yet from NYU, Chicago or Penn. But given my lowish GPA, not really expecting much. And I just found out my scholly info from BU. $75,000 over three years $25,000 a year :shock: !!!! Sooo now I have a dilemna I didn't expect. I know I could always receive $ from one of Penn, NYU or Chicago, but just want to get some feedback.

So what do you guys think?

BU $$

NYU

Penn

Chicago

Also, I am biglaw all the way.

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im_blue

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Re: What's Better? BU with Dinero or T10

Post by im_blue » Thu Jan 21, 2010 3:32 pm

Enjoy Harvard.

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rayiner

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Re: What's Better? BU with Dinero or T10

Post by rayiner » Thu Jan 21, 2010 3:32 pm

Dtackpat75 wrote:So I haven't heard about any money yet from NYU, Chicago or Penn. But given my lowish GPA, not really expecting much. And I just found out my scholly info from BU. $75,000 over three years $25,000 a year :shock: !!!! Sooo now I have a dilemna I didn't expect. I know I could always receive $ from one of Penn, NYU or Chicago, but just want to get some feedback.

So what do you guys think?

BU $$

NYU

Penn

Chicago

Also, I am biglaw all the way.
For biglaw, Chicago all the way.

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scribelaw

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Re: What's Better? BU with Dinero or T10

Post by scribelaw » Thu Jan 21, 2010 3:36 pm

I voted NYU, although I think NYU and Chicago are pretty even. Really, it'd just come down to preference and market.

The 75k is a nice offer, but I think it'd have to be full-tuition at BU to come close to countering the long-term benefits from going to Chicago or NYU.

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UFMatt

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Re: What's Better? BU with Dinero or T10

Post by UFMatt » Thu Jan 21, 2010 3:40 pm

NYU or Chicago depending on market preference, and this is a debt-averse person telling you this. BU is great, but if big law is your goal, you'd be a taking a risk at BU in this economy.

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Rawlsian

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Re: What's Better? BU with Dinero or T10

Post by Rawlsian » Thu Jan 21, 2010 3:41 pm

scribelaw wrote:I voted NYU, although I think NYU and Chicago are pretty even. Really, it'd just come down to preference and market.

The 75k is a nice offer, but I think it'd have to be full-tuition at BU to come close to countering the long-term benefits from going to Chicago or NYU.
Chicago for me, but each answer certainly holds relative appeal.

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Re: What's Better? BU with Dinero or T10

Post by Dtackpat75 » Thu Jan 21, 2010 3:44 pm

im_blue wrote:Enjoy Harvard.

I wish I'd be there in a second. I'm currently on hold though, which I believe does not bode well for me.

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Re: What's Better? BU with Dinero or T10

Post by nycparalegal » Thu Jan 21, 2010 3:45 pm

BU with $$ comes out to about 45,000 for a three year law education (not including COL.)

Chicago is about 44,000 a year, which comes out to 132,000 (not including COL)

That's a huge difference. (87,000 tuition difference)

Think about that.

Although is there a GPA requirement?

Dtackpat75

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Re: What's Better? BU with Dinero or T10

Post by Dtackpat75 » Thu Jan 21, 2010 3:46 pm

nycparalegal wrote:BU with $$ comes out to about 45,000 for a three year law education (not including COL.)

Chicago is about 44,000 a year, which comes out to 132,000 (not including COL)

That's a huge difference. (87,000 tuition difference)

Think about that.

Although is there a GPA requirement?
No GPA requirement.

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scribelaw

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Re: What's Better? BU with Dinero or T10

Post by scribelaw » Thu Jan 21, 2010 3:50 pm

nycparalegal wrote:BU with $$ comes out to about 45,000 for a three year law education (not including COL.)

Chicago is about 44,000 a year, which comes out to 132,000 (not including COL)

That's a huge difference. (87,000 tuition difference)

Think about that.

Although is there a GPA requirement?
I agree with you, and I'm struggling with the same question.

Another way to look at it, though, is that at BU, you might have a 10-15 percent change of getting a well-paying job right away. You have to outperform your classmates. At Chicago/NYU, you'd probably be able to get a similar job finishing near median.

So the debt is higher, but the margin for error is also much greater. And if you do finish, say, top 20 percent at Chicago/NYU, you're looking at a clerkship and a truly elite firm. To me, that's worth the $87,000 difference.

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missvik218

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Re: What's Better? BU with Dinero or T10

Post by missvik218 » Thu Jan 21, 2010 3:51 pm

You're not talking T10, you're talking T6 ... I voted NYU, but whichever city/school you like better.

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rayiner

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Re: What's Better? BU with Dinero or T10

Post by rayiner » Thu Jan 21, 2010 3:53 pm


nycparalegal

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Re: What's Better? BU with Dinero or T10

Post by nycparalegal » Thu Jan 21, 2010 4:00 pm

So, what would you choose $$ or a top school?

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Re: What's Better? BU with Dinero or T10

Post by lz06 » Thu Jan 21, 2010 4:00 pm

scribelaw wrote: The 75k is a nice offer, but I think it'd have to be full-tuition at BU to come close to countering the long-term benefits from going to Chicago or NYU.
+1

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rayiner

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Re: What's Better? BU with Dinero or T10

Post by rayiner » Thu Jan 21, 2010 4:07 pm

nycparalegal wrote:
So, what would you choose $$ or a top school?
People at median at Chicago/NYU don't consider dropping out, even if they want biglaw and have a lot of debt.

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Re: What's Better? BU with Dinero or T10

Post by Dtackpat75 » Thu Jan 21, 2010 4:08 pm

rayiner wrote:
nycparalegal wrote:
So, what would you choose $$ or a top school?
People at median at Chicago/NYU don't consider dropping out, even if they want biglaw and have a lot of debt.
That's a very good point.

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Re: What's Better? BU with Dinero or T10

Post by Dtackpat75 » Thu Jan 21, 2010 4:13 pm

No love for Penn

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Re: What's Better? BU with Dinero or T10

Post by nycparalegal » Thu Jan 21, 2010 4:15 pm

rayiner wrote:
nycparalegal wrote:
So, what would you choose $$ or a top school?
People at median at Chicago/NYU don't consider dropping out, even if they want biglaw and have a lot of debt.
That may be true. But I think the legal market is changing, and there is a lot of comfort in knowing that your financial situation in the future can be manageable.

Again, it depends on the individual, but debt sucks even with biglaw.

Keep in mind that there is a 60% attrition rate at big law firms. Just because you get into biglaw doesn't mean your future is secure. BIG debt will still remain.

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Re: What's Better? BU with Dinero or T10

Post by nycparalegal » Thu Jan 21, 2010 4:21 pm

Another thought occured to me. Could you negotiate for a full-ride by leveraging your acceptance into NYU and Chicago?

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Re: What's Better? BU with Dinero or T10

Post by tintin » Thu Jan 21, 2010 4:23 pm

I too have this dilemma....almost exactly the same except my BU $ is a little less. Not interested in Biglaw though, and less worried about debt..

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Re: What's Better? BU with Dinero or T10

Post by Dtackpat75 » Thu Jan 21, 2010 4:27 pm

nycparalegal wrote:Another thought occured to me. Could you negotiate for a full-ride by leveraging your acceptance into NYU and Chicago?
I haven't heard of anyone leveraging acceptances into more money only money else where. I guess it makes sense.

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Re: What's Better? BU with Dinero or T10

Post by chadwick218 » Thu Jan 21, 2010 4:29 pm

I think that the choice b/w NYU and Chicago comes down to personal preferences (personally, Chicago's small class size is very appealing to me). If Penn throws some money your way and you an affinity for the campus (as I do), then it merits strong consideration. At this point, I would forever forget about BU ...

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Re: What's Better? BU with Dinero or T10

Post by nycparalegal » Thu Jan 21, 2010 4:45 pm

rayiner wrote:
nycparalegal wrote:
So, what would you choose $$ or a top school?
People at median at Chicago/NYU don't consider dropping out, even if they want biglaw and have a lot of debt.
See: http://www.top-law-schools.com/forums/v ... 3&t=104804

Not Chicago/NYU but Columbia which is close enough.

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Re: What's Better? BU with Dinero or T10

Post by im_blue » Thu Jan 21, 2010 5:12 pm

Dtackpat75 wrote:
im_blue wrote:Enjoy Harvard.

I wish I'd be there in a second. I'm currently on hold though, which I believe does not bode well for me.
In that case, Chicago. Or Columbia if they take you.

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Re: What's Better? BU with Dinero or T10

Post by TTH » Thu Jan 21, 2010 5:18 pm

Anyone else feel like OP could leverage his NYU/Chicago acceptances for decent $$$ from Penn?

Seriously? What are you waiting for?

Now there's a charge.
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