Harvard 2012 applicants (class of 2015) Forum

Elendil · Post by **Elendil** » Fri Mar 30, 2012 12:02 pm

I'll be alright with not winning the $640 million jackpot tonight if I get a JS1 email today.

sailboat · Post by **sailboat** » Fri Mar 30, 2012 1:20 pm

slsorhls wrote:Also, if you are 100% sure you are going to do public interest for 10 years, you don't need any of these programs. You can just do the government IBR and forgiveness after 10 years.

As far as I'm concerned, the flexibility can't be beat. I've been told that you can't know if you'll really want to be a lawyer until you do law school. HLS and Yale are the only schools with LRAPs that allow you to actually step outside of law if you want to.

For me, I'd much rather have that capability than to get the benefit of saving a little bit more of my 40-60K salary. It doesn't seem like they really ask you for that much--doubt it would make a real difference. It's also based on how much you have in debt. I guess it adds up over time, but again, you could just do IBR if you are set on 10 years.

LIPP actually pays back the loan--it doesn't FORCE you into IBR like so many others do. But yeah, if you are set on 10 years, you could choose to go on IBR. I'm guessing LIPP would be 100% fine with you doing that. LIPP would then cover those payments (which are going to be a fraction of what LIPP would have covered otherwise). The problem with this, of course, is if you end up not doing PI for the 10 years. Then you've made a huge mistake.

And that's sort of what it comes down to. Given the economy and other factors, it's hard to know you'll be doing PI for 10 years (what if you want to stay but get laid off?).

EDIT: Looks like the worst part of LIPP is in factoring in assets (Stanford won't touch anything under 130K), but the whole spousal thing seems to be pretty common across the board.

Also, just wanted to chime in to say I agree (though I'm not 100% sure about how the math for IBR + Harvard vs. IBR + another school would work out).

And I do find it a little funny that people are stressing about having to make payments at salaries above $45K. I work at a nonprofit now, I make $38K, and even in New York that's been totally fine. Sure, everyone's living standards vary, but I doubt people would look at my life and think of it as borderline poverty. Then again, maybe my banker friends are just trying to be polite, who knows.

At any rate, IBR just seems like a huge gamble to me, and I'm totally not the betting type. I'll pay a bit more a month and think of it as insurance against being stuck with $200K+ in debt.

(Sorry, not trying to be facetious, I know everyone's financial situations differ and that we all have to make an informed, personal decision based on what's right for us individually. It's just that I can't help but be wary of IBR, and I'm not sure it's wise to take it at face value.)

thelong · Post by **thelong** » Fri Mar 30, 2012 3:11 pm

Just dinged.

Killingly · Post by **Killingly** » Fri Mar 30, 2012 3:12 pm

thelong wrote:Just dinged.

Wtf. Sorry, thelong.

Have fun at NYU!

poultry · Post by **poultry** » Fri Mar 30, 2012 3:12 pm

thelong wrote:Just dinged.

Sorry about the news. But congrats on NYU and the big money!

fingerscrossedxx · Post by **fingerscrossedxx** » Fri Mar 30, 2012 3:27 pm

thelong wrote:Just dinged.

Wow. Sorry TL

abba12 · Post by **abba12** » Fri Mar 30, 2012 5:40 pm

7ED wrote:Currently at the cls asw and I think I just figured out ur identity abba12 =P

Congrats! And abba? Really?

Best band ever. What can I say?

The call actually came just after I left the last reception and was trying to get a taxi back to the airport, so you might thinking of someone else. I did get a different call earlier, though (during the tours). My cycle/the timing of it all has been really strange.

Geneva · Post by **Geneva** » Sat Mar 31, 2012 2:18 am

when's the last preview weekend for harvard?

eibesfeldt · Post by **eibesfeldt** » Sat Mar 31, 2012 1:17 pm

Geneva wrote:when's the last preview weekend for harvard?

April 14 I was just ringadingdinged

hypothalamus · Post by **hypothalamus** » Sat Mar 31, 2012 1:46 pm

eibesfeldt wrote:
Geneva wrote:when's the last preview weekend for harvard?
April 14 I was just ringadingdinged

On SATURDAY?!

No one is EVER safe!

Sorry to hear that, eibesfeldt!

Dancers4eva · Post by **Dancers4eva** » Sat Mar 31, 2012 1:59 pm

eibesfeldt wrote:
Geneva wrote:when's the last preview weekend for harvard?
April 14 I was just ringadingdinged

Did you have a JS1/KB1?

eibesfeldt · Post by **eibesfeldt** » Sat Mar 31, 2012 2:39 pm

Not on a Saturday. I just don't check my email often. It was last week. No interview.

Doorkeeper · Post by **Doorkeeper** » Sat Mar 31, 2012 3:40 pm

Jet is my numbers twin, so I don't know whether to be pessimistic or optimistic...

Also, congrats!

snehpets · Post by **snehpets** » Sat Mar 31, 2012 4:18 pm

eibesfeldt wrote:Not on a Saturday. I just don't check my email often. It was last week. No interview.

You're in at Yale and you got dinged? Wow.

goducks01 · Post by **goducks01** » Sat Mar 31, 2012 4:59 pm

sailboat wrote:
goducks01 wrote: Can anyone explain/understand how the Public Service Venture Fund would help a PI grad who doesn't start their own non-profit?

http://www.law.harvard.edu/news/2010/02 ... .fund.html
At the public service panel during the March ASW, they said that you'll be able to get money to support a self-created fellowship (basically, you get to say to your dream organization, hey, I can work for you full-time for a year for free!).

That actually sounds awesome.

sailboat wrote: At any rate, IBR just seems like a huge gamble to me, and I'm totally not the betting type. I'll pay a bit more a month and think of it as insurance against being stuck with $200K+ in debt.

Agreed, IBR is a big risk, especially with an increasing number of law school graduates going into PI. Plus, what if Congress defunds IBR like they did to our subsidized Staffords?

teacher10456 · Post by **teacher10456** » Sat Mar 31, 2012 8:07 pm

Just out of curiosity, what do you guys think the difference is (if any) between people who were held and then had a KB1 and people who just didn't hear anything for a long time (like myself) and then received the interview invite. Just wondering (these are things I think about as I anxiously await/hope for a second phone call).

abba12 · Post by **abba12** » Sat Mar 31, 2012 11:41 pm

teacher10456 wrote:Just out of curiosity, what do you guys think the difference is (if any) between people who were held and then had a KB1 and people who just didn't hear anything for a long time (like myself) and then received the interview invite. Just wondering (these are things I think about as I anxiously await/hope for a second phone call).

I don't know, but what I would say is to not get too upset if you don't hear back right away. I know that many TLSers appear to have gotten call-backs 1–3 business days later, but I had to wait nine days before my KB2. Some others waited even longer. You look like a strong candidate for admission.

Elliott_Smith · Post by **Elliott_Smith** » Sun Apr 01, 2012 9:37 am

sailboat wrote:
slsorhls wrote: And I do find it a little funny that people are stressing about having to make payments at salaries above $45K. I work at a nonprofit now, I make $38K, and even in New York that's been totally fine. Sure, everyone's living standards vary, but I doubt people would look at my life and think of it as borderline poverty. Then again, maybe my banker friends are just trying to be polite, who knows.

At any rate, IBR just seems like a huge gamble to me, and I'm totally not the betting type. I'll pay a bit more a month and think of it as insurance against being stuck with $200K+ in debt.

(Sorry, not trying to be facetious, I know everyone's financial situations differ and that we all have to make an informed, personal decision based on what's right for us individually. It's just that I can't help but be wary of IBR, and I'm not sure it's wise to take it at face value.)

Totally agree. Not going into law to make a huge paycheck. I live comfortably on a working musicians income right now, and even 45K seems like more money than I'd know what to do with (pay off loans of course!)

Photog · Post by **Photog** » Sun Apr 01, 2012 1:10 pm

eibesfeldt wrote:Not on a Saturday. I just don't check my email often. It was last week. No interview.

You said 4 pages ago that you had a KB1. What happened?

mushybrain · Post by **mushybrain** » Sun Apr 01, 2012 1:30 pm

Photog wrote:
eibesfeldt wrote:Not on a Saturday. I just don't check my email often. It was last week. No interview.
You said 4 pages ago that you had a KB1. What happened?

Well actually he/she said they had a KBB1.

hypothalamus · Post by **hypothalamus** » Mon Apr 02, 2012 12:15 pm

I refuse to believe Harvard is done admitting people without even an interview for me

fingerscrossedxx · Post by **fingerscrossedxx** » Mon Apr 02, 2012 12:51 pm

hypothalamus wrote:I refuse to believe Harvard is done admitting people without even an interview for me

They can't be done. They just cant

kindaklueless · Post by **kindaklueless** » Mon Apr 02, 2012 1:04 pm

How late did people get interviews last year?

Doorkeeper · Post by **Doorkeeper** » Mon Apr 02, 2012 1:09 pm

kindaklueless wrote:How late did people get interviews last year?

People accepted off of the WL get interviews too.

Also, I don't think this year's cycle is really comparable to the previous years.

Elendil · Post by **Elendil** » Mon Apr 02, 2012 2:15 pm

Doorkeeper wrote:
kindaklueless wrote:How late did people get interviews last year?
People accepted off of the WL get interviews too.

Also, I don't think this year's cycle is really comparable to the previous years.

+1

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