Crazy to pick UVA over NYU for $20K+?
Posted: Mon Apr 29, 2013 1:02 pm
Got a $75k scholarship offer from UVA and a $62,500 offer from NYU ($75k if I do PI). With cost of living, the difference between the two schools (assuming I do PI and get $75k) is probably around $20k+. My estimated COA at UVA would be $70k because of personal savings, while it would be $90k at NYU.
I live in New York City currently and would prefer a change of pace, though New York offers tons of legal / internship opportunities. I have interests in prosecution OR real estate / community development/ tax (very broad, I know). I also want a career in PI or at a smaller law firm, and am not that intent on biglaw (unless I have to go the biglaw route in order to get to PI jobs). Longer-term, I'd like to settle in the mid-atlantic area, but probably not NYC.
Is it crazy to go with the lower debt option (though not by much) and choose UVA? NYU seems to be the better school in terms of prestige and career prospects, but I'm not sure if it's worth the extra money if I'm not gunning for biglaw. NYU's lrap is better in some ways (higher cap and negative amortization assistance, but it takes 3 years for any assistance to be forgiven vs. 1 year at UVA). Also, the $20k difference is a conservative estimate, given what I know about eating and entertainment in NYC.
I live in New York City currently and would prefer a change of pace, though New York offers tons of legal / internship opportunities. I have interests in prosecution OR real estate / community development/ tax (very broad, I know). I also want a career in PI or at a smaller law firm, and am not that intent on biglaw (unless I have to go the biglaw route in order to get to PI jobs). Longer-term, I'd like to settle in the mid-atlantic area, but probably not NYC.
Is it crazy to go with the lower debt option (though not by much) and choose UVA? NYU seems to be the better school in terms of prestige and career prospects, but I'm not sure if it's worth the extra money if I'm not gunning for biglaw. NYU's lrap is better in some ways (higher cap and negative amortization assistance, but it takes 3 years for any assistance to be forgiven vs. 1 year at UVA). Also, the $20k difference is a conservative estimate, given what I know about eating and entertainment in NYC.