NYU ($) Forum

tfarunner · Post by **tfarunner** » Sun Jun 07, 2015 8:04 pm

curious if others think that NYU with a 45k scholarship is worth the remaining price. I'll be financing mostly with loans, and would potentially like to clerk/big law and very interested in intl. law. Out of the schools I've been accepted to, NYU is by far my favorite option, but curious what people think about the price here.

BigZuck · Post by **BigZuck** » Sun Jun 07, 2015 8:13 pm

I voted no. Just go to Cornell for way cheaper.

What do you mean by intl. law? If you mean international law, what do you mean by international law?

Clemenceau · Post by **Clemenceau** » Sun Jun 07, 2015 8:14 pm

A resounding no.

Post history shows you have over 150k to at least 3 other t14s.

So to reiterate, no.

CanadianWolf · Post by **CanadianWolf** » Sun Jun 07, 2015 8:28 pm

You have scholarship offers of $165,000 from Northwestern, $150,000 from Michigan & $150,000 from Cornell, so I'm not sure as to why you are considering $45,000 from NYU. I think that your poll needs to be revised to reflect all 4 scholarship offers.

cheaptilts · Post by **cheaptilts** » Sun Jun 07, 2015 8:29 pm

CanadianWolf wrote:You have scholarship offers of $165,000 from Northwestern, $150,000 from Michigan & $150,000 from Cornell, so I'm not sure as to why you are considering $45,000 from NYU.

If these are accurate numbers, I don't think this even needs a thread. You could literally go to any of the other schools without making any objectively bad choice. I can't believe you're really considering NYU here.

BigZuck · Post by **BigZuck** » Sun Jun 07, 2015 8:30 pm

Clemenceau wrote:A resounding no.

Post history shows you have over 150k to at least 3 other t14s.

So to reiterate, no.

Good catch

Yeah, whatever is the cheapest of those options. Although I'd probably weigh geographic/personal preference somewhat. But I'd pretty much follow the money. Any of those schools is totally sufficient for big law, no reason to pay a buttload more just to end up in the same exact place.

CanadianWolf · Post by **CanadianWolf** » Sun Jun 07, 2015 8:30 pm

Especially so since OP plans to finance NYU with loans.

tfarunner · Post by **tfarunner** » Sun Jun 07, 2015 8:37 pm

BigZuck wrote:
Clemenceau wrote:A resounding no.

Post history shows you have over 150k to at least 3 other t14s.

So to reiterate, no.
Good catch

Yeah, whatever is the cheapest of those options. Although I'd probably weigh geographic/personal preference somewhat. But I'd pretty much follow the money. Any of those schools is totally sufficient for big law, no reason to pay a buttload more just to end up in the same exact place.

Yes, all of that is accurate. However, I just wanted to evaluate other opinions as I was not sure if a t-6 ranked school mattered significantly more than $$$ at a lower ranked t14

CanadianWolf · Post by **CanadianWolf** » Sun Jun 07, 2015 8:39 pm

If NYU tripled the scholarship offer to $105,000, then it would be a feasible & reasonable option in light of your other offers, in my opinion.

P.S. Remember, living costs in Manhattan greatly exceed those in Ithaca & Ann Arbor.

cheaptilts · Post by **cheaptilts** » Sun Jun 07, 2015 8:40 pm

tfarunner wrote:
Yes, all of that is accurate. However, I just wanted to evaluate other opinions as I was not sure if a t-6 ranked school mattered significantly more than $$$ at a lower ranked t14

someone posted the stats somewhere about the difference of placement by % in like v20s amongst the T14, and atleast Cornell and NYU were extremely similar in placement. The BL/FC %s are almost identical too (except for PI placement, which NYU blows Cornell out of the water in). There's no way that the luxury (lol) of living in NYC is worth 100k. no way

If NYU is like a $50k diffference in cost or less than like yeah maybe sure w/e but no way is it worth more than that against any of the other schools you have offers from (except maybe Mich. and even then, not much more)

Hutz_and_Goodman · Post by **Hutz_and_Goodman** » Sun Jun 07, 2015 9:11 pm

No way in hell
If you have 100k more from t14 schools go there
Even if you had no other t14 offers do anything rather than nyu at that price
Literally, selling everything you own and betting it all on black with one spin of the roulette wheel would be a much much better decision

tfarunner · Post by **tfarunner** » Sun Jun 07, 2015 9:39 pm

Hutz_and_Goodman wrote:No way in hell
If you have 100k more from t14 schools go there
Even if you had no other t14 offers do anything rather than nyu at that price
Literally, selling everything you own and betting it all on black with one spin of the roulette wheel would be a much much better decision

This is quite the emphatic response...I get debt aversion, but what makes you so passionate about this?

runinthefront · Post by **runinthefront** » Sun Jun 07, 2015 9:59 pm

tfarunner wrote:
Hutz_and_Goodman wrote:No way in hell
If you have 100k more from t14 schools go there
Even if you had no other t14 offers do anything rather than nyu at that price
Literally, selling everything you own and betting it all on black with one spin of the roulette wheel would be a much much better decision

This is quite the emphatic response...I get debt aversion, but what makes you so passionate about this?

https://www.law.georgetown.edu/admissio ... geid=61621

crunch the numbers + read up on the average BL attrition rate and I mean its hyperbole but not by much

and actually, only the last line is really...i pretty much agree with everything else

ndirish2010 · Post by **ndirish2010** » Sun Jun 07, 2015 10:24 pm

Hutz_and_Goodman wrote:No way in hell
If you have 100k more from t14 schools go there
Even if you had no other t14 offers do anything rather than nyu at that price
Literally, selling everything you own and betting it all on black with one spin of the roulette wheel would be a much much better decision

No, no it wouldn't. If OP did that, he would have a less than 50% chance of doubling his life savings. But NYU gives you a much better than 50% chance at a positive outcome.

Mack.Hambleton · Post by **Mack.Hambleton** » Mon Jun 08, 2015 1:01 am

jbagelboy · Post by **jbagelboy** » Mon Jun 08, 2015 10:29 am

i don't think in a vacuum in this market this decision is ruinous, but in context, it's totally unnecessary.

TasmanianToucan · Post by **TasmanianToucan** » Mon Jun 08, 2015 10:31 am

jbagelboy wrote:i don't think in a vacuum in this market this decision is ruinous, but in context, it's totally unnecessary.

OhBoyOhBortles · Post by **OhBoyOhBortles** » Mon Jun 08, 2015 10:35 am

Clemenceau wrote:A resounding no.

ballcaps · Post by **ballcaps** » Mon Jun 08, 2015 10:39 am

agree with the zeitgeist here

$45k total at nyu is still gonna run you close to $300k at repayment, which is way too high a number for me, regardless of school quality/odds/goals/whatever

FloridaCoastalorbust · Post by **FloridaCoastalorbust** » Mon Jun 08, 2015 11:26 am

This would be a terrible decision, especially considering your other offers.

Wild Card · Post by **Wild Card** » Mon Jun 08, 2015 3:49 pm

Suppose NYU with $15,000 per year were OP's only choice.

How would you all vote?

BigZuck · Post by **BigZuck** » Mon Jun 08, 2015 3:51 pm

Wild Card wrote:Suppose NYU with $15,000 per year were OP's only choice.

How would you all vote?

Retake

CanadianWolf · Post by **CanadianWolf** » Mon Jun 08, 2015 3:52 pm

Negotiate or retake.

Wild Card · Post by **Wild Card** » Mon Jun 08, 2015 3:54 pm

CanadianWolf wrote:Negotiate or retake.

How would you negotiate with zero leverage, besides by reciting the essential points that you've already raised in your LOCI and FAFSA/Need Access Special Circumstances?

CanadianWolf · Post by **CanadianWolf** » Mon Jun 08, 2015 3:57 pm

Offer to enroll if the scholarship is increased by a stated percentage or sit-out until next cycle.

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