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Thoughts on these options?

Posted: Sun Mar 13, 2011 5:33 am
by jtemp320
Wasn't sure I'd ever make one of these threads but I am looking for any and all perspectives on these options as it looks like it will be time to make a decision soon.

Current options are:

- Cornell (full tuition scholarship- 135k)
- Duke (75k)
- Penn (75k)
- NYU (25k)

Waiting on financial aid info:

Columbia
Berkeley
Northwestern
Georgetown

I have ambitious goals - I would love to clerk and then do government work (maybe AUSA one day) or academia. I am from LA and have lived in and really like both the Bay Area and DC. I also love NYC (though I've never lived there). I see myself as a city person and am not sure how I feel about intense winters (Ithaca...ouch). I'd like to work in DC, SF, LA or possibly NY after I graduate. As I said California is home so I would like to go somewhere that could give me the option of getting back here eventually. Not sure if BigLaw is what I want to do with my life but I have an open mind if that ends up making the most sense after I graduate. I am debt adverse and have few resources to pay for school but also have fallen in love with the idea of Columbia (maybe it was the long wait for the VCE?). I also really liked my visit to Boalt and could see myself there but am worried about cost and job prospects. Mostly I want to open as many doors for myself as possible while limiting the risk I will have 200k of debt and no job or a job that I hate but am forced to stay in for years to pay my debt.

I am planning on going to ASWs at CLS, NYU and Berkeley and am trying to expand my NY trip so I can see Penn and Cornell.

Having a very hard time evaluating $$$ at Cornell v $$ at Penn v $ at NYU and ? at Columbia and Berkeley...any thoughts are appreciated.

Thanks!

Re: Thoughts on these options?

Posted: Sun Mar 13, 2011 6:00 am
by lightbulb1986
.

Re: Thoughts on these options?

Posted: Sun Mar 13, 2011 11:39 am
by jtemp320
Thanks - anyone else?

Re: Thoughts on these options?

Posted: Sun Mar 13, 2011 11:42 am
by delusional
Another vote for Cornell. Money is huge and huge money is even huger. For me, it wouldn't even be a tough choice.

Re: Thoughts on these options?

Posted: Sun Mar 13, 2011 12:22 pm
by jtemp320
Alright let me ask this other way...how much do $ people think it would take for NYU/CLS to be worth over Cornell in this scenario if I strongly prefer NYC and with my above goals...40k, 50k?

Re: Thoughts on these options?

Posted: Sun Mar 13, 2011 12:29 pm
by thecilent
The obvious thing to do is negotiate. Send columbia, berk, nyu, penn the full ride from cornell. Tell them they have to come somewhat close in order for you to choose them. Then make another thread with results.

Re: Thoughts on these options?

Posted: Sun Mar 13, 2011 12:35 pm
by artemis178
If Cornell weren't a T14 school then there might be some room for debate here, but you don't turn down a full-ride at a T14 for geographic considerations. Really. You don't. I'd say NYU or Columbia would have to MATCH your offer in order to walk away from Cornell. If you love New York, then spend the rest of your life there. Law school is only three years. Of course, it's important to be happy during those three years, but getting a law degree for free is worth three years in Ithaca. While all the poor slobs who paid sticker (or close to it) at Columbia are paying $1500 plus every month in student loans you will have that much extra money to spend, invest, or save. I have a friend who went to Columbia 10 years ago and still has $80,000 in loans he's repaying. Seriously. This is a no-brainer.

Re: Thoughts on these options?

Posted: Sun Mar 13, 2011 12:46 pm
by Malcolm8X
This is not even a question (barring any other financial packages/negotiations)... Cornell, easy.

Re: Thoughts on these options?

Posted: Sun Mar 13, 2011 12:51 pm
by Malcolm8X
jtemp320 wrote:Alright let me ask this other way...how much do $ people think it would take for NYU/CLS to be worth over Cornell in this scenario if I strongly prefer NYC and with my above goals...40k, 50k?
I'd say with the cost of living, here's my analysis...

Cornell: $68K/yr x 3yrs = $204K - $135K = $69K + $10K (interest) = $79K
Columbia/NYU: $73K*3 = $219K + $20K = $239K - _____ = $100K

Yea... so about $140K..

Re: Thoughts on these options?

Posted: Sun Mar 13, 2011 12:53 pm
by jtemp320
thecilent wrote:The obvious thing to do is negotiate. Send columbia, berk, nyu, penn the full ride from cornell. Tell them they have to come somewhat close in order for you to choose them. Then make another thread with results.
Agreed - this is my plan...

And maybe you all are right, definitely a visit to Ithaca to see if I could feel good about three years is in order.

Re: Thoughts on these options?

Posted: Sun Mar 13, 2011 1:17 pm
by coldshoulder
If you've always been a city person, it might be good for you to be in a small town for a few years. I grew up in a small town and live in a city for UG, and there are big pros and cons to both. Everything I've heard about Ithaca tells me it's a beautiful place to live and study for three years.

Re: Thoughts on these options?

Posted: Sun Mar 13, 2011 9:14 pm
by jtemp320
Thanks

I know a full ride from a T14 is a special opportunity and not to be passed up lightly so I'm obviously seriously considering it.

My concern other then living in Ithaca is that I know Cornell places well in NYC biglaw (especially relative to its ranking) but thats not really my primary goal...

With top grades from Cornell is a clerkship possible, DOJ Honors? Is Cornell's LRAP decent (I would still have loans from COL)?

Is a Cornell degree portable enough that I'll have a chance of working in LA (with ties), DC or SF markets?


Do any of these factors make, for my goals, Penn at 60k more or NYU/CLS at 120k more worth considering?

Re: Thoughts on these options?

Posted: Sun Mar 13, 2011 9:21 pm
by d34d9823
With what you've got, either Cornell or Penn. Cornell is so close to Penn in terms of placement and clerkships (like a few % points worse), that I'm leaning Cornell.

I would personally take Columbia if they get within 50K of Cornell. Even then, you're looking at marginal increases in placement against solid cash in your pocket. You didn't say your stats, but I really doubt you will get that much from Columbia given what you got from other schools.

Re: Thoughts on these options?

Posted: Sun Mar 13, 2011 9:25 pm
by Hannibal
Voted for NYU, because if you do clerk and then work in Government their LRAP will pay for your loans regardless in all likelihood.

Re: Thoughts on these options?

Posted: Mon Mar 14, 2011 12:48 am
by jtemp320
Thanks I doubt Columbia will offer me that much stats etc are on lsn link in my profile

Re: Thoughts on these options?

Posted: Wed Mar 16, 2011 3:00 pm
by jtemp320
jtemp320 wrote:Thanks

I know a full ride from a T14 is a special opportunity and not to be passed up lightly so I'm obviously seriously considering it.

My concern other then living in Ithaca is that I know Cornell places well in NYC biglaw (especially relative to its ranking) but thats not really my primary goal...

With top grades from Cornell is a clerkship possible, DOJ Honors? Is Cornell's LRAP decent (I would still have loans from COL)?

Is a Cornell degree portable enough that I'll have a chance of working in LA (with ties), DC or SF markets?

Do any of these factors make, for my goals, Penn at 60k more or NYU/CLS at 120k more worth considering?
Still wondering if anyone has additional feedback about Cornell's LRAP, portability to west coast, chances at clerkship etc.

visiting soon...definitely a different environment then I am used to...I may love it, I may hate it...I know T14 full ride may be the smart choice but if I don't like my visit I am not going to go - not worth it. In that case would people say NYU/CLS is worth 50k more then Penn?