Tulane worth it
Posted: Sat Dec 08, 2012 9:03 pm
Got into Tulane with a 20k/yr scholly, stip is 3.0, parents are gonna cover the rest. Given their employment numbers is it worth it. I'm fine living in LA/TX/OK/AR making 70k+/year
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You presume that he is a Louisiana resident.cahwc12 wrote:http://www.lstscorereports.com/?school=tulane
I think you should strongly consider LSU as well.
http://www.lstscorereports.com/?school=lsu
I don't know how likely it is that you'd make $70k/yr out of either of these schools, but if you could get that $20k/yr matched at LSU, you'd be going there for free.
I don't really see how that matters. Their employment statistics, depending how you interpret them, are either as good or way better; and the COA is $80,000 cheaper. I'm also unsure that Tulane has better placement outside LA than does LSU--my gut says both are about equal, but what's strange about Tulane's stats is that 29% of the employed students have an "unknown" state.dextermorgan wrote:You presume that he is a Louisiana resident.cahwc12 wrote:http://www.lstscorereports.com/?school=tulane
I think you should strongly consider LSU as well.
http://www.lstscorereports.com/?school=lsu
I don't know how likely it is that you'd make $70k/yr out of either of these schools, but if you could get that $20k/yr matched at LSU, you'd be going there for free.
OP: FWIW the curve is a 3.3, so you would have to be in the bottom 25% or so to lose the scholarship (really have it cut in half for a year with a chance to get it back).
Tulane's placement is not great, but not terrible either. If you are dead set on living in New Orleans (permanently) or have Louisiana ties (although for Louisiana outside of NOLA LSU is a better choice) think about Tulane, otherwise look elsewhere (i.e. Bama, Houston) if you just want to live in the south.
Because out of state students pay $17K off the top at LSU. That means it won't be free even if they match (which they won't, LSU doesn't give very good scholarships to out of state students). Tulane does have better placement out of the state than LSU because 1. they have more alumni scattered around the country and 2. they have a common law curriculum option (whereas LSU, while offering common law classes, is heavily civil law based). As for where the OP is interested: LA is a wash (unless he wants NOLA), TX is a wash (and neither are great options), AR is going to lean to Tulane because they have a lot of alumni there for some reason (although I would still recommend a school in the state), and OK I have no idea about. I never said LSU wasn't a good option, just that he is unlikely to "go for free" unless he is a Louisiana resident.cahwc12 wrote:I don't really see how that matters. Their employment statistics, depending how you interpret them, are either as good or way better; and the COA is $80,000 cheaper. I'm also unsure that Tulane has better placement outside LA than does LSU--my gut says both are about equal, but what's strange about Tulane's stats is that 29% of the employed students have an "unknown" state.dextermorgan wrote:You presume that he is a Louisiana resident.cahwc12 wrote:http://www.lstscorereports.com/?school=tulane
I think you should strongly consider LSU as well.
http://www.lstscorereports.com/?school=lsu
I don't know how likely it is that you'd make $70k/yr out of either of these schools, but if you could get that $20k/yr matched at LSU, you'd be going there for free.
OP: FWIW the curve is a 3.3, so you would have to be in the bottom 25% or so to lose the scholarship (really have it cut in half for a year with a chance to get it back).
Tulane's placement is not great, but not terrible either. If you are dead set on living in New Orleans (permanently) or have Louisiana ties (although for Louisiana outside of NOLA LSU is a better choice) think about Tulane, otherwise look elsewhere (i.e. Bama, Houston) if you just want to live in the south.
For me, personally, I don't see why anyone would attend any private school outside T-14 without massive merit aid, and especially when the employment prospects are equivalent or worse as compared to a neighboring state school.
Offering $20k/yr only puts Tulane's COA equal to LSU's. And if OP can get $20k/yr from Tulane, he can likely get that matched at LSU or better.
Are you from LA or a surrounding state?goblen555 wrote:Got into Tulane with a 20k/yr scholly, stip is 3.0, parents are gonna cover the rest. Given their employment numbers is it worth it. I'm fine living in LA/TX/OK/AR making 70k+/year
LOL, no.goblen555 wrote:I'm fine living in LA/TX/OK/AR making 70k+/year
Who makes 70k a year as a lawyer? Very few people. You have heard, I'm assuming, of the BIMODAL distribution of salaries in the legal profession. Top grads from top law schools (read: not Tulane) get paid $120-$160. Most others earn $40 to $50k.goblen555 wrote:Got into Tulane with a 20k/yr scholly, stip is 3.0, parents are gonna cover the rest. Given their employment numbers is it worth it. I'm fine living in LA/TX/OK/AR making 70k+/year
17% are unemployed.somewhatwayward wrote:LOL, no.goblen555 wrote:I'm fine living in LA/TX/OK/AR making 70k+/year
The 43% of Tulane's class that is unemployed would love to be making $40K a year, let alone $70K. That's not to mention that with only ~10% of the class in big law or federal clerkships, a significant portion of the people who are employed are making way less than $70K. You need to adjust your expectations, or, if you want to have a good shot at making more than $70K/year, you need to go to a school that places lots of students into big law firms or prestigious government jobs.
Only 140 out of 241 graduates have full-time, long-term jobs that require bar passage and only 24 of these people are at either mid or big law firms.nebula666 wrote:17% are unemployed.somewhatwayward wrote:LOL, no.goblen555 wrote:I'm fine living in LA/TX/OK/AR making 70k+/year
The 43% of Tulane's class that is unemployed would love to be making $40K a year, let alone $70K. That's not to mention that with only ~10% of the class in big law or federal clerkships, a significant portion of the people who are employed are making way less than $70K. You need to adjust your expectations, or, if you want to have a good shot at making more than $70K/year, you need to go to a school that places lots of students into big law firms or prestigious government jobs.
He said 43% of their class is unemployed. That isn't true.TooOld4This wrote:Only 140 out of 241 graduates have full-time, long-term jobs that require bar passage and only 24 of these people are at either mid or big law firms.nebula666 wrote:17% are unemployed.somewhatwayward wrote:LOL, no.goblen555 wrote:I'm fine living in LA/TX/OK/AR making 70k+/year
The 43% of Tulane's class that is unemployed would love to be making $40K a year, let alone $70K. That's not to mention that with only ~10% of the class in big law or federal clerkships, a significant portion of the people who are employed are making way less than $70K. You need to adjust your expectations, or, if you want to have a good shot at making more than $70K/year, you need to go to a school that places lots of students into big law firms or prestigious government jobs.
True. He should have said 43% aren't employed in jobs that required that 3 year degree or the cost of tuition and in that 43% the 17% don't have jobs at all are included. He could have also mentioned that Tulane neglects to disclose salary info, likely because less than 10% of the class makes anywhere near six figures (and looking at the breakdown, I'm guessing 50k is more than the median salary).nebula666 wrote:He said 43% of their class is unemployed. That isn't true.TooOld4This wrote:
Only 140 out of 241 graduates have full-time, long-term jobs that require bar passage and only 24 of these people are at either mid or big law firms.