. Forum

(Please Ask Questions and Answer Questions)
User avatar
rayiner

Platinum
Posts: 6145
Joined: Thu Dec 11, 2008 11:43 am

Re: Re-take LSAT or go to a T2 state school?

Post by rayiner » Mon Jan 18, 2010 2:25 pm

britishtoxicity wrote:Just looking at WUSTL on LSN, and with his gpa and if he can get an lsat score of 172. He will probably end up getting around 60,000 to 90,000 merit aid. Tuition is about 42,000 (not including COL), let's say 50,000 (with COL).

At Suny Buffalo, he will probably be getting somewhere around 12,000 to 14,500 merit aid. Tuition is around 16,000 (not including COL), let says (26,000 with COL).

So the OP for WUSTL will probably have each year 20,000 to 30,000 dollars of debt, for a grand total of around 60,000 to 90,000.

At Suny Buffalo, he will have to pay 11,500 to 14,000 dollars of debt, for a grand total of around 34,000 to 42,000.

So by going to Suny Buffalo (instead of a t30), he will save anywhere between 26,000 to 56,000 dollars. For someone who is going JAG and is debt adverse this seems like a good idea.
I'd rather have 60-90k of debt at a T20 than 30-40k at a low T2 (especially since JAG qualifies for IBR). Plus, putting off LS a year until when the economy improves, and not to mention a shot at T14...

britishtoxicity

New
Posts: 9
Joined: Fri Jan 08, 2010 2:17 pm

Re: Re-take LSAT or go to a T2 state school?

Post by britishtoxicity » Mon Jan 18, 2010 3:09 pm

rayiner wrote:
britishtoxicity wrote:Just looking at WUSTL on LSN, and with his gpa and if he can get an lsat score of 172. He will probably end up getting around 60,000 to 90,000 merit aid. Tuition is about 42,000 (not including COL), let's say 50,000 (with COL).

At Suny Buffalo, he will probably be getting somewhere around 12,000 to 14,500 merit aid. Tuition is around 16,000 (not including COL), let says (26,000 with COL).

So the OP for WUSTL will probably have each year 20,000 to 30,000 dollars of debt, for a grand total of around 60,000 to 90,000.

At Suny Buffalo, he will have to pay 11,500 to 14,000 dollars of debt, for a grand total of around 34,000 to 42,000.

So by going to Suny Buffalo (instead of a t30), he will save anywhere between 26,000 to 56,000 dollars. For someone who is going JAG and is debt adverse this seems like a good idea.
I'd rather have 60-90k of debt at a T20 than 30-40k at a low T2 (especially since JAG qualifies for IBR). Plus, putting off LS a year until when the economy improves, and not to mention a shot at T14...
I don't know. I think if the OP wants to build weath and give himself the best chance to succeed without the crazy stress of loans. The 30K of debt seems like a wise choice, and if he does well after 1L he can probably transfer into the t14. And, if he doesn't then he will be okay.

nycparalegal

Bronze
Posts: 482
Joined: Sat Oct 17, 2009 11:26 am

Re: Re-take LSAT or go to a T2 state school?

Post by nycparalegal » Mon Jan 18, 2010 8:34 pm

.

Want to continue reading?

Register now to search topics and post comments!

Absolutely FREE!


Post Reply

Return to “Ask a Law Student”