Reply to Taking on Debt for Law School

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[quote=Anonymous]For everyone who fears debt and suggests going to the cheapest decent school, there's also an argument to go to the best school you can get into. Clerkship and teaching opportunities are really different. Alumni networks are really different (it's a lot easier to get a job at a firm if it has 100 lawyers who went to your law school than if it has 1 lawyer who did). Public service loan repayment assistance options are better at the higher-ranked schools. So is funding for summer internships and preparation for fellowships. My law school had Skadden and EJW fellows every year because career services knew how to prepare students for them. Many law schools don't. Yes, I could have gone to the University of Minnesota or GW with a scholarship, and I could have gone to Wake Forest for free. I'm glad I picked my T14.

It's also worth considering cost of living. Fordham with a partial scholarship might be more expensive than Cornell or Michigan without, just because NYC has such high rents. At some state schools, establishing residency before applying might make sense...but at a lot of them it's either very hard to do so, doesn't save you much money, or pretty simple to do for 2L and 3L years.[/quote]

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