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PJam1989 · Post by **PJam1989** » Fri Oct 16, 2015 9:55 pm

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urbanist11 · Post by **urbanist11** » Fri Oct 16, 2015 9:59 pm

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Leonardo DiCaprio · Post by **Leonardo DiCaprio** » Fri Oct 16, 2015 10:10 pm

... if you have 200k saved dont go to law school man.

Leonardo DiCaprio · Post by **Leonardo DiCaprio** » Fri Oct 16, 2015 10:10 pm

and the answer to your question is no.

ldlamb · Post by **ldlamb** » Fri Oct 16, 2015 10:31 pm

It can be....if you do well.

Mullens · Post by **Mullens** » Fri Oct 16, 2015 10:32 pm

Absolutely not.

TheSpanishMain · Post by **TheSpanishMain** » Fri Oct 16, 2015 10:55 pm

acr · Post by **acr** » Fri Oct 16, 2015 11:41 pm

I barely even think CCN are worth sticker

Lawdork · Post by **Lawdork** » Fri Oct 16, 2015 11:42 pm

Jesus even if you did pay sticker, don't use your savings, invest it, and borrow the COA to ride the PAYE train. Cash and debt is better than no cash and no debt by a long shot.

SirArthurDayne · Post by **SirArthurDayne** » Fri Oct 16, 2015 11:59 pm

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ldlamb · Post by **ldlamb** » Sat Oct 17, 2015 12:12 am

Sometimes people don't want to keep doing what they are currently doing for the next 30 years.

PJam1989 · Post by **PJam1989** » Sat Oct 17, 2015 2:45 am

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TLSModBot · Post by **TLSModBot** » Sat Oct 17, 2015 6:31 am

Yeah don't do this. I am finishing up the evening program at GULC at sticker and it is dumb. I was dumb. Even with little actual debt and Biglaw lined up.

seashell.economy · Post by **seashell.economy** » Sat Oct 17, 2015 7:18 am

Capitol_Idea wrote:Yeah don't do this. I am finishing up the evening program at GULC at sticker and it is dumb. I was dumb. Even with little actual debt and Biglaw lined up.

Why? You are at a highly ranked school and managed to have little actual debt and biglaw lined up...

PJam1989 · Post by **PJam1989** » Sat Oct 17, 2015 7:33 am

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WW25 · Post by **WW25** » Sat Oct 17, 2015 7:52 am

Capitol_Idea wrote:Yeah don't do this. I am finishing up the evening program at GULC at sticker and it is dumb. I was dumb. Even with little actual debt and Biglaw lined up.

Do you not want to be a lawyer? Graduating with almost no debt and a biglaw job hardly seems "dumb."

TLSModBot · Post by **TLSModBot** » Sat Oct 17, 2015 8:03 am

WW25 wrote:
Capitol_Idea wrote:Yeah don't do this. I am finishing up the evening program at GULC at sticker and it is dumb. I was dumb. Even with little actual debt and Biglaw lined up.
Do you not want to be a lawyer? Graduating with almost no debt and a biglaw job hardly seems "dumb."

1. It still cost 150K. If I wasn't stuck in DC (job, wife, mortgage) I could've applied broader and possibly gotten $ somewhere

2. GULC part time doesn't get scholarship money. If I had applied full time there is a chance I would've saved more money in scholarships than I made from keeping my job. No guarantee on that but if I could do it over I would've tried.

3. Getting a Biglaw job is what I wanted out of law school, and I'm very fortunate to have made that happen. But getting a good outcome does not retroactively make the decision worth it, especially not when giving advice to others who may not end up so lucky. You have about a 50% chance of making it in Biglaw from GULC, and even narrower chances if you are targeting specific firms/practices/markets.

tl;dr - 150K at GULC (and that's just tuition) is not worth it for a 50/50 chance of getting a biglaw job that will require, bare minimum, several years of work just so you can break even again.

Lawdork · Post by **Lawdork** » Sat Oct 17, 2015 11:09 am

Capitol_Idea wrote:
WW25 wrote:
Capitol_Idea wrote:Yeah don't do this. I am finishing up the evening program at GULC at sticker and it is dumb. I was dumb. Even with little actual debt and Biglaw lined up.
Do you not want to be a lawyer? Graduating with almost no debt and a biglaw job hardly seems "dumb."
1. It still cost 150K. If I wasn't stuck in DC (job, wife, mortgage) I could've applied broader and possibly gotten $ somewhere

2. GULC part time doesn't get scholarship money. If I had applied full time there is a chance I would've saved more money in scholarships than I made from keeping my job. No guarantee on that but if I could do it over I would've tried.

3. Getting a Biglaw job is what I wanted out of law school, and I'm very fortunate to have made that happen. But getting a good outcome does not retroactively make the decision worth it, especially not when giving advice to others who may not end up so lucky. You have about a 50% chance of making it in Biglaw from GULC, and even narrower chances if you are targeting specific firms/practices/markets.

tl;dr - 150K at GULC (and that's just tuition) is not worth it for a 50/50 chance of getting a biglaw job that will require, bare minimum, several years of work just so you can break even again.

yea but don't like 23% go into gov't/PI from Georgetown. Don't they get their debt forgiven? So that's a 73% chance at a good outcome if the good outcome is to 'break even.' And doesn't Georgetown do LRAP if you make below certain amount? And there's PAYE. All these signs point to borrowing instead of paying cash out of pocket. (not saying you disputed that Zach) So it would be really dumb if you paid cash out of pocket.

Hand · Post by **Hand** » Sat Oct 17, 2015 11:24 am

why pay sticker when you can retake & get a discount

Traynor Brah · Post by **Traynor Brah** » Sat Oct 17, 2015 11:34 am

ldlamb wrote:It can be....if you do well.

No. This is stupid and you should feel bad.

Hikikomorist · Post by **Hikikomorist** » Sat Oct 17, 2015 11:46 am

Leonardo DiCaprio wrote:... if you have 200k saved dont go to law school man.

A. Nony Mouse · Post by **A. Nony Mouse** » Sat Oct 17, 2015 11:50 am

Lawdork wrote:yea but don't like 23% go into gov't/PI from Georgetown. Don't they get their debt forgiven? So that's a 73% chance at a good outcome if the good outcome is to 'break even.' And doesn't Georgetown do LRAP if you make below certain amount? And there's PAYE. All these signs point to borrowing instead of paying cash out of pocket. (not saying you disputed that Zach) So it would be really dumb if you paid cash out of pocket.

WRT PSLF, no one anywhere has yet had their debt forgiven, and it does require staying in the public sector for 10 years. It's potentially a good outcome, but I don't think it's a slam dunk. Not having the debt at all would be better.

TheSpanishMain · Post by **TheSpanishMain** » Sat Oct 17, 2015 12:01 pm

seashell.economy wrote:
Capitol_Idea wrote:Yeah don't do this. I am finishing up the evening program at GULC at sticker and it is dumb. I was dumb. Even with little actual debt and Biglaw lined up.
Why? You are at a highly ranked school and managed to have little actual debt and biglaw lined up...

Also a GULC student with no debt and a BigLaw SA lined up. I don't think going to Georgetown for free is dumb. I think it becomes dumb if you are only interested in BigLaw or you have a mountain of debt. It's a good school, but it's very possible to miss the BigLaw boat.

Also, just in the interest of providing some context, I said I don't think GULC is worth sticker, but I don't think any law school is worth sticker.

BigZuck · Post by **BigZuck** » Sat Oct 17, 2015 12:04 pm

Also snagging a big law offer isn't the end of the battle and you haven't fully achieved a good outcome, there's a not insubstantial chance that you'll hate the job or get fired early on or it'll suck your soul and it will negatively affect other aspects of your life and then you've spent 3 years and hundreds of thousands of dollars with little (or nothing) to show for it.

Not saying law school is never worth it or that other career paths aren't without their risks/downsides as well but I think a lot of you guys are really downplaying just how risky law school is, especially when you're throwing hundreds of thousands of dollars at it.

haus · Post by **haus** » Sat Oct 17, 2015 1:00 pm

Capitol_Idea wrote:
WW25 wrote:
Capitol_Idea wrote:Yeah don't do this. I am finishing up the evening program at GULC at sticker and it is dumb. I was dumb. Even with little actual debt and Biglaw lined up.
Do you not want to be a lawyer? Graduating with almost no debt and a biglaw job hardly seems "dumb."
1. It still cost 150K. If I wasn't stuck in DC (job, wife, mortgage) I could've applied broader and possibly gotten $ somewhere

2. GULC part time doesn't get scholarship money. If I had applied full time there is a chance I would've saved more money in scholarships than I made from keeping my job. No guarantee on that but if I could do it over I would've tried.

3. Getting a Biglaw job is what I wanted out of law school, and I'm very fortunate to have made that happen. But getting a good outcome does not retroactively make the decision worth it, especially not when giving advice to others who may not end up so lucky. You have about a 50% chance of making it in Biglaw from GULC, and even narrower chances if you are targeting specific firms/practices/markets.

tl;dr - 150K at GULC (and that's just tuition) is not worth it for a 50/50 chance of getting a biglaw job that will require, bare minimum, several years of work just so you can break even again.

Capital Idea,

If you were to go back to 0L, still will the geographical and time restrictions. Would you opt for GULC again, select another of the DC area PT programs, or punted and gone to the Rocky Bobo school of typewriter maintenance?