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Transfer leverage
Posted: Tue Feb 04, 2014 10:38 pm
by Anonymous User
I am considering transferring, but I really like my 1L school because it employs well in the region. Going to a higher ranked school might not help me in this region.
I was wondering how much do 1L schools increase scholarships by to keep 1L's from leaving? I am likely in the top 2% at a T50.
Re: Transfer leverage
Posted: Tue Feb 04, 2014 10:43 pm
by brotherdarkness
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Re: Transfer leverage
Posted: Thu Feb 06, 2014 12:37 am
by shock259
Some schools will give you a lot of $$. Some won't give you any. You can ask around, but it may be hard to find out without giving it a whirl for yourself.
Re: Transfer leverage
Posted: Sat Feb 08, 2014 10:12 pm
by stillwater
echoing the information above. my bump approached full scholly but school left some room to make a buck.
Re: Transfer leverage
Posted: Sat Feb 08, 2014 10:31 pm
by PepperJack
It comes down to how much your likely big law placement is worth to them relative to taking a transfer student. Financially, it would make sense to give a full ride. You boost their big law #'s (it's not like they're respected enough that someone else will jump in, in front of you because they have to have a 40's-50's school represented). Additionally, if you do get big law then you're statistically likely to make more throughout your career. If you already love them enough to stay then it's likely you'd donate money to them. If you become filthy rich that's much more valuable than some kid paying them 100k to likely end up on government assistance. Of course, this is contingent on them valuing their long term goals over short term money, and if they are a scam-type school they're likely not putting together a 30-year plan because they will be in the Cayman Islands by 2020.
Re: Transfer leverage
Posted: Sat Feb 08, 2014 11:36 pm
by brotherdarkness
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Re: Transfer leverage
Posted: Sun Feb 09, 2014 10:43 am
by shock259
PepperJack wrote:It comes down to how much your likely big law placement is worth to them relative to taking a transfer student. Financially, it would make sense to give a full ride. You boost their big law #'s (it's not like they're respected enough that someone else will jump in, in front of you because they have to have a 40's-50's school represented). Additionally, if you do get big law then you're statistically likely to make more throughout your career. If you already love them enough to stay then it's likely you'd donate money to them. If you become filthy rich that's much more valuable than some kid paying them 100k to likely end up on government assistance. Of course, this is contingent on them valuing their long term goals over short term money, and if they are a scam-type school they're likely not putting together a 30-year plan because they will be in the Cayman Islands by 2020.
I hadn't thought of it like this, but you may be on to something. I always just assumed it bureaucratic differences, funding issues, Dean personality, etc.