Law School Discussion Forums
https://www.top-law-schools.com/forums/
https://www.top-law-schools.com/forums/viewtopic.php?f=1&t=244790
RaiderRed wrote:Probably so
Well that was easy, and OP you've come to the right decision. Good luck.jawja wrote:Thanks for the input. You guys are probably right. I think I'll retake and try again for some $ next cycle.
scottidsntknow wrote:Well that was easy, and OP you've come to the right decision. Good luck.jawja wrote:Thanks for the input. You guys are probably right. I think I'll retake and try again for some $ next cycle.
Tuition plus COL plus interest adds up. UGA is not a bad option depending on goals/money, but it is not worth six figures.em01833 wrote:What about with a 12,500/yr scholarship? Goals are similar to OPs Using the calculator it looks like $96,000 debt at repayment, but that's kind of hard to believe with tuition at $19,140/yr. Maybe I'm just bad with numbers...
Almost nobody get's more scholarship money than that from UGA.scottidsntknow wrote:Tuition plus COL plus interest adds up. UGA is not a bad option depending on goals/money, but it is not worth six figures.em01833 wrote:What about with a 12,500/yr scholarship? Goals are similar to OPs Using the calculator it looks like $96,000 debt at repayment, but that's kind of hard to believe with tuition at $19,140/yr. Maybe I'm just bad with numbers...
adil91 wrote:Almost nobody get's more scholarship money than that from UGA.scottidsntknow wrote:Tuition plus COL plus interest adds up. UGA is not a bad option depending on goals/money, but it is not worth six figures.em01833 wrote:What about with a 12,500/yr scholarship? Goals are similar to OPs Using the calculator it looks like $96,000 debt at repayment, but that's kind of hard to believe with tuition at $19,140/yr. Maybe I'm just bad with numbers...
It's quite possible that only about 10-20 people out of the 621 who go to UGA have made a justifiable decision to attend UGA. Just because a ton of people pay too much doesn't mean you have to pay too much too. Be one of those 10-20 or don't go IMO.em01833 wrote:adil91 wrote:Almost nobody get's more scholarship money than that from UGA.scottidsntknow wrote:Tuition plus COL plus interest adds up. UGA is not a bad option depending on goals/money, but it is not worth six figures.em01833 wrote:What about with a 12,500/yr scholarship? Goals are similar to OPs Using the calculator it looks like $96,000 debt at repayment, but that's kind of hard to believe with tuition at $19,140/yr. Maybe I'm just bad with numbers...
ABA's stats show only 86 got half to full tuition and only 7 got full tuition out of 621 students so it looks like you're correct. With that being said, what would you do in this position? It seems like COL is an automatic 60k at almost every law school so it looks like I'm stuck with that regardless of where I go...
This. My boss (BigLaw DC) went to UGA, but on a full ride, and he was pretty candid that 1) the $$$ was the only reason going to UGA was a good decision for him and 2) he was the one in 621 or whatever who managed to get that kind of job.BigZuck wrote:It's quite possible that only about 10-20 people out of the 621 who go to UGA have made a justifiable decision to attend UGA. Just because a ton of people pay too much doesn't mean you have to pay too much too. Be one of those 10-20 or don't go IMO.ABA's stats show only 86 got half to full tuition and only 7 got full tuition out of 621 students so it looks like you're correct. With that being said, what would you do in this position? It seems like COL is an automatic 60k at almost every law school so it looks like I'm stuck with that regardless of where I go...
How does 12.5X3= 25-30?em01833 wrote:Just calculated the COA for full scholarship vs. the 12.5k/year offer and it ends up being a 25-30k price difference. While that is a lot in absolute terms, 85,000 COA vs. 115,000 COA seems like a somewhat negligible difference relatively speaking. Could anyone comment on how that would make a school a bad decision? I will probably take your advice on not attending, but I want to make sure I hear everything before I leave the money on the table.
You've got a good point. The cost of living is overestimated in my opinion though. LST has UGA at $19,000 while GSU is $16,000. No way that's true. It's not uncommon to pay $850/month/person for an apartment in Mitdtown or Buckhead. I've seen places in Athens for as cheap as $3500/yr that are within walking distance of campus. What is the extra $15,500 going toward?rwhyAn wrote:Given that law school apps and matriculants are in a nosedive, and schools are giving out money like it's going out of style, pretty much any school at sticker is irresponsible. Retake (if you still can), go somewhere cheaper, or don't go. The debt is no joke, and you can't fully appreciate it until you've been working and paying the bills on your own for a little while. At $100k or so debt, you're paying almost $7k/year JUST TO KEEP THE DEBT FROM GROWING. If that sounds like fun, knock yourself out.