givemea170 wrote:Or let me put it this way...
Do you think the job prospects would be much different if I was top 10% at LUC or in the middle range at UIUC?
Honestly...UIUC at median. I applied to LUC, and I would have liked to go. But I knew when I was filling out my application that they give shit for scholarships. The CoA just isn't worth it for the typical student. I mean, top 10% would probably be ok, but I've heard that grades can get screwy with the curve. While job prospects might be better within top 10% at LUC as compared to median at UIUC, you just can't guarantee your rank. If you are median at UIUC, you can still try to find something in Stl, indy, springfield, peoria...all around the midwest, really. Also, LRAP is something to use. I hate putting LRAP out there as if public work is some sort of fall back. But I don't think it would be terribly difficult to be competitive from UIUC when applying for asst. state's attorney positions. Sure you would start off making 40k, but all you would need to pay back would be 2k a year for 6 years for your debt to be totally forgiven. I was looking at their LRAP program, and it looks reasonable. They calculate your contribution based on the difference between your salary and 36k divided by 2. (36k being their estimate for you to live reasonably) For instance (hypothetical),I make 48k with the state. The difference between 48k and 36k is 12k. So 12k divided by 2 is 6k. If I make 48k, then I owe 6k every year for debt. After 3 years, 25% of debt automatically goes away, 50% after 4, 75% after 5, and it is completely forgiven after 6. Your income is capped at 55k to be eligible when you begin, and it can go up to 65k while you are working. So if you average 60k working for the Attorney General, or something, you will be paying 12k a year with LRAP. So you aren't saving a whole lot at first, but when all your debt is gone after 6 years, you are really only paying like 72k. Assuming you borrowed like 120k, this is a really good deal. I guess if you want to avoid this whole problem, Big/midlaw is there for people who do well...and you don't have to be 10% in order to succeed at finding one of these.