T1 ($$) or T14 (Sticker)
Posted: Fri Feb 24, 2017 6:21 pm
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yea lol I guess that's why I was asking if my goals made sense. I would want to start in big law, work their for a few years and then transition out into something PI related. Is that feasible or does it make no sensecavalier1138 wrote:I'm confused. Is your goal biglaw, or is your goal non-profit PI? Because NGOs don't really go recruiting biglaw associates...
I mean, it's not unheard of, but it's really not the regular route. What are your long-term career goals?curry4bfast wrote:yea lol I guess that's why I was asking if my goals made sense. I would want to start in big law, work their for a few years and then transition out into something PI related. Is that feasible or does it make no sensecavalier1138 wrote:I'm confused. Is your goal biglaw, or is your goal non-profit PI? Because NGOs don't really go recruiting biglaw associates...
I think doing some type of impact litigation with a private firm or public interest orgcavalier1138 wrote:I mean, it's not unheard of, but it's really not the regular route. What are your long-term career goals?curry4bfast wrote:yea lol I guess that's why I was asking if my goals made sense. I would want to start in big law, work their for a few years and then transition out into something PI related. Is that feasible or does it make no sensecavalier1138 wrote:I'm confused. Is your goal biglaw, or is your goal non-profit PI? Because NGOs don't really go recruiting biglaw associates...
Yeah, I definitely get where you're coming from and maybe I am underestimating the COL specifically at Michigan. My reasoning was because of friends who pay under 400/mo in rent there currently and my own experience paying ~350 in rent and utilities/mo in Chicago for 4 years, which is a higher COL area than Ann Arbor. That's probably dumb seeing they're different areas and all but just thought I'd explain my reasoning behind that. and if it makes a difference I won't be financing COL through loans at all, my own savings and my parents help would account for that.Lawl_Schoolz wrote:I think you are significantly underestimating the COA and need to be more realistic in your assessment so you can consider the debt load. Michigan at sticker is well above 186k. The tuition and fees just to attend are going to be 55k or 58k depending on whether you are in state or out of state. They tend to increase tuition and fees a few percent a year. So, you need to figure you have at least 165k+ in tuition and fees - thats assuming NO increases. Then even if you found a place for 700 bucks a month, which would be on the lower side and didn't have a lease in the summer you've got another 19k-ish in rent alone. You then have to eat - so even at a few hundred dollars a month you're looking at another 8k-ish over your 3 years. There alone you're looking at over 200k without any loan fees or interest.
Michigan is a great school, but I think realistically you're looking closer to 225k to 250k at sticker. LST says 275k-ish and with a 25% reduction in estimated cost of living you're at 250. 70k is a lot, and you don't want to be surprised.
You're closer to what I think you'd actually spend for Cornell. Either of these options is not ideal in my opinion.
Rigo wrote:I'm thinking UIUC but if truly biglaw or bust then that doesn't seem that great. However, its definitely the most bang for your buck choice here for Chicago.
Northwestern ding?
curry4bfast wrote:Yeah, I definitely get where you're coming from and maybe I am underestimating the COL specifically at Michigan. My reasoning was because of friends who pay under 400/mo in rent there currently and my own experience paying ~350 in rent and utilities/mo in Chicago for 4 years, which is a higher COL area than Ann Arbor. That's probably dumb seeing they're different areas and all but just thought I'd explain my reasoning behind that. and if it makes a difference I won't be financing COL through loans at all, my own savings and my parents help would account for that.Lawl_Schoolz wrote:I think you are significantly underestimating the COA and need to be more realistic in your assessment so you can consider the debt load. Michigan at sticker is well above 186k. The tuition and fees just to attend are going to be 55k or 58k depending on whether you are in state or out of state. They tend to increase tuition and fees a few percent a year. So, you need to figure you have at least 165k+ in tuition and fees - thats assuming NO increases. Then even if you found a place for 700 bucks a month, which would be on the lower side and didn't have a lease in the summer you've got another 19k-ish in rent alone. You then have to eat - so even at a few hundred dollars a month you're looking at another 8k-ish over your 3 years. There alone you're looking at over 200k without any loan fees or interest.
Michigan is a great school, but I think realistically you're looking closer to 225k to 250k at sticker. LST says 275k-ish and with a 25% reduction in estimated cost of living you're at 250. 70k is a lot, and you don't want to be surprised.
You're closer to what I think you'd actually spend for Cornell. Either of these options is not ideal in my opinion.