I posted this topic earlier in the week with no replies and ended up deleting the post, but thought I'd give it another shot with a poll and hopefully more information that could be useful.
I'm 5 years out of college and have been working full-time in financial services. I waited a bit to apply (took the LSAT in 2009) but felt ready to take the plunge this year -- ended up on quite a few waitlists
I had all but decided on NYU when Northwestern offered me a scholarship ($15k/yr), and now I'm really torn. Short-term goal wise I'd like to do biglaw in NYC or DC for at least a few years after graduation. I also currently live and work in DC, and would prefer to stay on the east coast near family and friends while I'm in school. That being said, I have never lived in Chicago or visited for more than a few days (and it was in the dead of winter too, which I know is terribly unfair), so I can't definitively say I wouldn't like it there. I have a few friends who live there and love the city.
My dilemma is that rationally, I think that Northwestern is a solid choice that wouldn't put me at a disadvantage in terms of job placement if I worked hard, therefore I should take the money -- but emotionally, I'm drawn to NYU's rank (sorry, I realize that is shallow), highly reputed programs (I'm interested in tax law and international law), and location (keep thinking "won't I be stressed enough my 1L year without relocating to the midwest?"); I'm just not sure if it is worth leaving $45k on the table.
I respect people's wisdom on this sight so any input/insight would be helpful. Thanks in advance! -M