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Non-Discounted Cost
Class of 2015: $261,520
Class of 2016: $268,600
Resident Cost
Class of 2015: $230,137
Class of 2016: $236,275
I'm not sure how much that factors in the 5-10 percent tuition (2012: 40k resident, 2013: 46-47k) jumps every year considering the UC's system financial status and Hastings semi-private distinction. The scholarship loses value every year you are there with the large tuition increases. My guess is with living expenses, it is going to be significantly more than just 100k (especially when you consider interest accrues immediately during the time you are in school at 6.8 or 8.5 percent).
The only folks that are ever going to be able to pay that back are the public service folks on IBR or the folks at large firms. That accounts for about 28 percent of the class, what happens to the rest? 1/4 odds this investment makes sense. Pretty risky.
see:
https://docs.google.com/viewer?url=http ... e_2012.pdf
"The state budget for the current academic year (2011-12) was enacted earlier this fall. Based
on the current-year funding level appropriated in the Budget Act, mid-year fee increases are not
being considered. However, the budget outlook for the State of California’s remains
unstable. Approved fee levels for both 2011-12 and 2012-13 are predicated on anticipated
levels of state support; if state funding is substantially reduced in either 2011-12 or 2012-13, a
further increase in student fees will need to be considered. Consequently, fees are subject to
change."
Then consider the 18 billion dollar shortfall just announced.
) and on the wait list at Harvard. 
