NU 49k v GW 130k Forum

OhHelpMeLawd · Post by **OhHelpMeLawd** » Wed Jul 18, 2012 6:51 pm

Heavy UG debt (about 60k). Total educational loan payments (w/ standard 10-year) @ graduation come out to about 22/yr w/ GW and about 38/yr w/ NU. Career goal = lots of $$$$ with a hearty appreciation for flexibility (geographic, practice). Scholarship amounts are relative (i.e. they take into account NU costs 5k/year more than GW). LSAT > 75%tile at both schools. I sometimes wear crocs.

edit: Thank you TLS in advance for your collective wisdom. It will be a BIG help.

Ruxin1 · Post by **Ruxin1** » Wed Jul 18, 2012 6:54 pm

OhHelpMeLawd wrote:Heavy UG debt (about 60k). Total educational loan payments (w/ standard 10-year) @ graduation come out to about 22/yr w/ GW and about 38/yr w/ NU. Career goal = lots of $$$$ with a hearty appreciation for flexibility (geographic, practice). Scholarship amounts are relative (i.e. they take into account NU costs 5k/year more than GW). LSAT > 75%tile at both schools. I sometimes wear crocs.

Don't go to law school if you want $$$ and geographic flexibility

CanadianWolf · Post by **CanadianWolf** » Wed Jul 18, 2012 7:14 pm

Assuming that these are your only two options, then Northwestern is the better choice due to superior job placement stats.

Aberzombie1892 · Post by **Aberzombie1892** » Wed Jul 18, 2012 7:28 pm

What's the 3 year cost of attendance at each?

OhHelpMeLawd · Post by **OhHelpMeLawd** » Wed Jul 18, 2012 9:13 pm

Aberzombie1892 wrote:What's the 3 year cost of attendance at each?

At NU, debt at repayment = 220k. Combined w/ 60 UG, that's 280k in educational debt, at a blended average of about 7%/year.

At GW, debt at repayment = 100k. Combined w/ 60 UG, that's 160k in educational debt, at the same blended average.

Loan service, including UG, is I think most interesting. On the 10 year plan for law school debt (for UG debt--the 10 year minus 3 years already serviced):

Having gone to GW: 22k/year.

Having gone to NU: 39k/year.

So, a $170,000 difference.

splitsplat · Post by **splitsplat** » Wed Jul 18, 2012 9:47 pm

how is this even a choice

manofjustice · Post by **manofjustice** » Wed Jul 18, 2012 10:19 pm

splitsplat wrote:how is this even a choice

Through the magic work of $170,000, like 170,000 keebler elves constructing a future in a tree trunk.

2014 · Post by **2014** » Wed Jul 18, 2012 10:42 pm

I'm not sure that Northwestern is worth 280k (+ interest?) but I'm certain GW is not worth 160k+

OhHelpMeLawd · Post by **OhHelpMeLawd** » Thu Jul 19, 2012 11:43 am

Does anyone have an opinion of my crocs?

Mr. Somebody · Post by **Mr. Somebody** » Thu Jul 19, 2012 1:53 pm

NW here no question.

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