NYU Furman Academic v. H/S at close to sticker
Posted: Sat Feb 28, 2015 1:17 pm
Hello. Long time lurker, first time poster. I have read lots of advice topics on choosing a law school, but I could not find anything on this exact topic.
I am a semi-finalist for the Furman Academic Scholarship at NYU, a full tuition scholarship that matches aspiring legal academics with faculty mentors. According to NYU, each student receives at least three faculty members, intensive mentoring, and guaranteed summer research funding. It is my understanding that graduates of the program usually come out with 1-2 papers of publishable quality, and most scholars publish a note before they graduate. The program has been around about 12 years and the alumni of the program are impressive.
If I am selected for the scholarship, I will have a short turnaround time to decide. This post is part of me attempting to figure out where I stand on the scholarship beforehand, so that in the event I am offered it, I will be able to confidently make a decision. For these purposes, I am going to pretend that I have actually been offered the scholarship.
If so, my options would be:
NYU w/Furman: 45k in loans (family + savings will cover approximately half of living expenses, conservatively estimated)
Stanford: 200k in loans
Harvard: 200k in loans
UChicago: no word on scholarships yet, though I think I may be a contender for the Ruby
Yale: no decision yet
+ multiple full ride offers from lower ranked T10 schools
As I see it, the benefit of the Furman is that I would have much more flexibility in pursuing academia, since I would not be weighed down by heavy debt or by a 10 year public service commitment. If I attend Stanford (which I would likely pick over Harvard), it would be many years before I could transition into academia because their LRAP program does not cover academia. If I go the BigLaw path, I am unsure how I would handle billing 2000 hours while also trying to publish. If I seek out faculty at Stanford or Harvard, I think I could also graduate with 3 faculty advisors willing to go to bat for me. But at NYU, that mentorship would be guaranteed (it seems - obviously variables in the mix here too). Additionally, it seems that at NYU, the possibility of entering academia would, at least initially, be less dependent on my grades, though obviously, I would still work as hard as possible and aim for law review, federal clerkships, etc.
Am I correctly assessing the situation? If you were in my shoes, what would you pick?
I have read many of the forums on TLS about legal academia and about law school debt. I am very much aware of how competitive legal academia is and how brutal 200k of debt would be. I also realize I am very fortunate to have these options and I welcome frank, but polite advice, especially if there is an aspect of that I am overlooking. Thank you!
I am a semi-finalist for the Furman Academic Scholarship at NYU, a full tuition scholarship that matches aspiring legal academics with faculty mentors. According to NYU, each student receives at least three faculty members, intensive mentoring, and guaranteed summer research funding. It is my understanding that graduates of the program usually come out with 1-2 papers of publishable quality, and most scholars publish a note before they graduate. The program has been around about 12 years and the alumni of the program are impressive.
If I am selected for the scholarship, I will have a short turnaround time to decide. This post is part of me attempting to figure out where I stand on the scholarship beforehand, so that in the event I am offered it, I will be able to confidently make a decision. For these purposes, I am going to pretend that I have actually been offered the scholarship.
If so, my options would be:
NYU w/Furman: 45k in loans (family + savings will cover approximately half of living expenses, conservatively estimated)
Stanford: 200k in loans
Harvard: 200k in loans
UChicago: no word on scholarships yet, though I think I may be a contender for the Ruby
Yale: no decision yet
+ multiple full ride offers from lower ranked T10 schools
As I see it, the benefit of the Furman is that I would have much more flexibility in pursuing academia, since I would not be weighed down by heavy debt or by a 10 year public service commitment. If I attend Stanford (which I would likely pick over Harvard), it would be many years before I could transition into academia because their LRAP program does not cover academia. If I go the BigLaw path, I am unsure how I would handle billing 2000 hours while also trying to publish. If I seek out faculty at Stanford or Harvard, I think I could also graduate with 3 faculty advisors willing to go to bat for me. But at NYU, that mentorship would be guaranteed (it seems - obviously variables in the mix here too). Additionally, it seems that at NYU, the possibility of entering academia would, at least initially, be less dependent on my grades, though obviously, I would still work as hard as possible and aim for law review, federal clerkships, etc.
Am I correctly assessing the situation? If you were in my shoes, what would you pick?
I have read many of the forums on TLS about legal academia and about law school debt. I am very much aware of how competitive legal academia is and how brutal 200k of debt would be. I also realize I am very fortunate to have these options and I welcome frank, but polite advice, especially if there is an aspect of that I am overlooking. Thank you!