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billables247

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Post by billables247 » Tue Apr 29, 2014 10:29 am

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Last edited by billables247 on Wed Jun 11, 2014 5:54 pm, edited 2 times in total.

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northwood

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Re: Michigan versus Hypotheticals...?

Post by northwood » Tue Apr 29, 2014 10:32 am

I don't know if any of those schools are worth the extra 100+K.

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ZGr88n

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Re: Michigan versus Hypotheticals...?

Post by ZGr88n » Tue Apr 29, 2014 10:36 am

I think you may be underestimating your COA at Michigan.

Did you use this: http://www.top-law-schools.com/forums/v ... &t=225195=

If I were to guess, I would think you'd be looking at about 140k after you subtract your 30k savings.

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SteelPenguin

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Re: Michigan versus Hypotheticals...?

Post by SteelPenguin » Tue Apr 29, 2014 10:52 am

I wouldn't pay ~$100k more for any of those for biglaw.

billables247

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Re: Michigan versus Hypotheticals...?

Post by billables247 » Tue Apr 29, 2014 9:48 pm

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nordi

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Re: Michigan versus Hypotheticals...?

Post by nordi » Tue Apr 29, 2014 10:14 pm

a) Your paying it back after inflation, so the numbers are a little questionable.
b) If your Michigan cost is low, so are all the other schools. With the possible exceptions of UVA and Duke, cost of living is significantly higher anywhere else. $16,000 a year in Ann Arbor can work, especially with Obamacare.

billables247

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Re: Michigan versus Hypotheticals...?

Post by billables247 » Wed Apr 30, 2014 11:19 am

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Princetonlaw68

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Re: Michigan versus Hypotheticals...?

Post by Princetonlaw68 » Wed Apr 30, 2014 2:25 pm

Is the scholly you're getting from mich need-based? If it's merit-based, I could sort of see the point of this thread. If it's need-based, I don't see why you wouldn't get the same assistance from the other schools, if accepted.

billables247

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Re: Michigan versus Hypotheticals...?

Post by billables247 » Sun May 04, 2014 7:24 am

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dsn32

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Re: Michigan versus Hypotheticals...?

Post by dsn32 » Sun May 04, 2014 9:24 am

I'd stay on the waitlists if one of the other options appeals to you more. I got off of one of those waitlists (NYU) with 50k last year and know plenty of others who got off other t14 waitlists with $$$ as well.... so it's definitely possible that any of them could put themselves in the conversation with a decent offer.

That being said, you should definitely go to M as is.

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jbagelboy

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Re: Michigan versus Hypotheticals...?

Post by jbagelboy » Sun May 04, 2014 11:21 am

You seem fixated on Columbia. If you got CLS within $80k of Michigan then I think it's justified. If Columbia is more expensive then that - which it looks like it definitely would be at sticker - probably not worth the extra cost. People take Columbia at upwards of $100k over lower t14, but I'm "meh" on that choice.

Harvard might be worth $100k over Michigan, depending on goals.

The others fall between $0 (Duke and Michigan are peers) and $75kish in value.

The above is all somewhat silly, I'm just trying to provide some analytic framework to your decision but really the important thing is to keep debt low without sacrificing employment opportunity. Don't follow big names into the grad plus wilderness.

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