So, I was all set to attend Cornell(75,000 in scholarship). Paid my deposit and found an apartment, until I received an offer from UCLA. Full tuition for the first year and $20,000 a year after that. I already have close to $100,000 in undergrad debt. I currently live in Cali, but went to undergrad in NYC.
I am less concerned about the east west situation.
Is Cornell worth the extra $40,000??
Cornell $120,000 or UCLA $80,000 Forum
-
rosalia
- Posts: 1
- Joined: Thu Jun 09, 2011 4:38 pm
Cornell $120,000 or UCLA $80,000
Last edited by rosalia on Thu Jun 09, 2011 5:07 pm, edited 1 time in total.
-
JamMasterJ
- Posts: 6649
- Joined: Sat Jan 29, 2011 7:17 pm
Re: Cornell $120,000 or UCLA $80,000
Yes, especially if you want to stay in the east
-
uzpakalis
- Posts: 319
- Joined: Fri Sep 10, 2010 10:36 pm
Re: Cornell $120,000 or UCLA $80,000
Close to a quarter million dollars of debt for seven years of education. Only in America, dang!
-
scammedhard
- Posts: 642
- Joined: Mon Apr 18, 2011 1:17 pm
Re: Cornell $120,000 or UCLA $80,000
Cornell. And you have to get into Big law!
-
CanadianWolf
- Posts: 11465
- Joined: Wed Mar 24, 2010 4:54 pm
Re: Cornell $120,000 or UCLA $80,000
This is really an East Coast versus West Coast issue that only you should decide.
-
thebookcollector
- Posts: 304
- Joined: Mon Mar 15, 2010 11:18 pm
Re: Cornell $120,000 or UCLA $80,000
Given your huge undergraduate debt, I think you should try to minimize the law school debt. Your payments are going to be ridiculous.rosalia wrote:So, I was all set to attend Cornell(75,000 in scholarship). Paid my deposit and found an apartment, until I received an offer from UCLA. Full tuition for the first year and $20,000 a year after that. I already have close to $100,000 in undergrad debt. I currently live in Cali, but went to undergrad in NYC. Although I do not mind LA, my family remains on the east coast.
Is Cornell worth the extra $40,000??
The above the poster is right: you HAVE to get BigLaw. So study your ass off. Otherwise you're going to be paying those loans for the next couple of decades.
-
mrwarre85
- Posts: 684
- Joined: Fri Feb 27, 2009 8:40 pm
Re: Cornell $120,000 or UCLA $80,000
+1CanadianWolf wrote:This is really an East Coast versus West Coast issue that only you should decide.
I voted for UCLA just because I like the area better.
-
Z3RO
- Posts: 526
- Joined: Thu Sep 03, 2009 11:57 am
Re: Cornell $120,000 or UCLA $80,000
Welcome to TLS. This is a forum about law schools.uzpakalis wrote:Close to a quarter million dollars of debt for seven years of education. Only in America, dang!
-
uzpakalis
- Posts: 319
- Joined: Fri Sep 10, 2010 10:36 pm
Re: Cornell $120,000 or UCLA $80,000
Loan Balance: $250,000.00Z3RO wrote:Welcome to TLS. This is a forum about law schools.uzpakalis wrote:Close to a quarter million dollars of debt for seven years of education. Only in America, dang!
Adjusted Loan Balance: $250,000.00
Loan Interest Rate: 6.80%
Loan Fees: 0.00%
Loan Term: 10 years
Minimum Payment: $50.00
Enrollment Status: In Repayment
Degree Program: Lawyer (LLB or JD)
Total Years in College: 7 years
Average Debt per Year: $35,714.29
Monthly Loan Payment: $2,877.01
Number of Payments: 120
Cumulative Payments: $345,240.90
Total Interest Paid: $95,240.90
-
uzpakalis
- Posts: 319
- Joined: Fri Sep 10, 2010 10:36 pm
Re: Cornell $120,000 or UCLA $80,000
nevermind
Last edited by uzpakalis on Thu Jun 09, 2011 6:33 pm, edited 1 time in total.
-
Light
- Posts: 118
- Joined: Mon Jun 07, 2010 7:00 pm
Re: Cornell $120,000 or UCLA $80,000
Before you decide, have you tried telling Cornell about your UCLA offer and vice versa? It's possible for you to get more money from each. I've seen quite a few posts of people successfully negotiating more aid at UCLA at least.
-
JamMasterJ
- Posts: 6649
- Joined: Sat Jan 29, 2011 7:17 pm
Re: Cornell $120,000 or UCLA $80,000
I still think you go Cornell here. The difference in Biglaw (which you will need with that debt) makes the call for you
-
Grizz
- Posts: 10564
- Joined: Mon Jan 04, 2010 6:31 pm
Re: Cornell $120,000 or UCLA $80,000
If not, enjoy penury.scammedhard wrote:Cornell. And you have to get into Big law!
-
fingersxd
- Posts: 643
- Joined: Thu Jan 27, 2011 7:04 pm
Re: Cornell $120,000 or UCLA $80,000
OP, maybe I missed this, but where are you looking to practice? If it's LA, I don't see a rpoblem going to UCLA. If it's anywhere else, I think Cornell has to be the choice here.
That said, I agree with a previous psoter -- can you get some more $ out of them? And have you considered CoL differences? (LA obviously WAY, WAY more than Ithaca), but a much better palce to live.
That said, I agree with a previous psoter -- can you get some more $ out of them? And have you considered CoL differences? (LA obviously WAY, WAY more than Ithaca), but a much better palce to live.
-
Noval
- Posts: 252
- Joined: Tue Oct 05, 2010 8:33 pm
Re: Cornell $120,000 or UCLA $80,000
fingersxd wrote:OP, maybe I missed this, but where are you looking to practice? If it's LA, I don't see a rpoblem going to UCLA. If it's anywhere else, I think Cornell has to be the choice here.
That said, I agree with a previous psoter -- can you get some more $ out of them? And have you considered CoL differences? (LA obviously WAY, WAY more than Ithaca), but a much better palce to live.
What he said ^
But seriously, both are pretty good schools to study at, just follow your instinct and always take the less risky option.
