[WARNING: Long post]
Okay, assuming that you are correct that you don’t expect much from FA for your situation, net COA (not AOC) for your family after your reported awards so far appears to be:
Emory = $0 for 4 years
Fordham = $108,977 for 4 years*
Cornell = ~$288,760 for 4 years**
** ($73,000-5000=$68,000 for Year 1. With 4% increases, Year 2 = $70,720; Year 3 = 73,549; Year 4 = 76,491). Again, for a better estimate of your FA, use https://finaid.cornell.edu/cost-attend/financial-aid-estimator
Please share these amounts (or better yet, the 4 year amounts after using the NPC at the links above) with your parents and ask the following two questions:
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Are they really “comfortable” paying $100-$300K for your undergraduate degree?
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If you opt for Emory, where there would be $0 cost to them, would they consider helping you with your law/graduate school education? You would benefit from having a more detailed conversation about how much they might allocate for law/grad school if that is possible.
Given these costs and your goal of going to law school, it is a no brainer to me that Emory is the clear winner here for the following reasons:
- IT’s ALL ABOUT THE GPA: For law school admissions, esp. post-2008 financial crisis, law school admissions are largely driven by GPA & test scores. And the median GPA for T14 law schools is high, over 3.8. See https://www.usnews.com/education/best-graduate-schools/top-law-schools/articles/2018-08-21/how-high-is-the-typical-college-gpa-among-accepted-law-school-applicants
GPA and LSAT are the two metrics reported on USNWR that are most watched by admissions officers to enhance their USNWR rankings. Like a pre-med student, you really need to focus on getting and maintaining as high of a GPA as possible, not only for admission, but also for playing the merit scholarship game for law schools. Choosing the more affordable school will leave plenty of funds for an LSAT prep course prior to taking the LSAT.
a) For GPA, CONSIDER GRADE DEFLATION/inflation at your finalist schools. While this criterion is not a great one, because the trade-off may be in your intellectual development, I mention it because of the importance of the GPA if you stick with your law school goal. Cornell is notoriously known as the "easiest Ivy to get into, but the hardest to graduate from." Not only are there many distribution or GE requirements, with little ability to transfer AP credits, there is also grade deflation, esp. compared to other Ivies (except Princeton). See this thread from CC on this topic:
http://talk.qa.collegeconfidential.com/college-search-selection/544379-is-cornell-the-really-hardest-ivy-to-graduate-from.html
Similarly, Fordham also has a reputation for grade deflation for some reason.
https://fordhamobserver.com/17215/opinions/grade-deflation-hurts-undeserving-students/
In contrast, it appears that Emory Arts & Science and possibly Oxford do not have grade deflation, and may have grade inflation. See these old CC threads on that topic:
http://talk.qa.collegeconfidential.com/emory-university/2043781-oxford.html
http://talk.qa.collegeconfidential.com/college-search-selection/1617023-emory-oxford-college-vs-emory-arts-and-sciences.html
There are a bunch of other reddit and other threads on grade deflation/inflation on all these schools if you care to search further. Bottom line, Emory Oxford/A & S does not appear to have grade deflation.
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BEST OF BOTH WORLDS–2 Years LAC, 2 Years National University: Emory’s combination 2-2 program gives you an elite LAC-type education for the first two years when you are settling in and learning how to succeed in college, with small classes, close contact with teachers (great for future LORs), and leadership opportunities (helpful for your personal statement for graduate school). It will also provide more of an intimate bonding experience to make friends at Emory Oxford. These will keep these Oxford friends in your friend circle when you go to Emory A & S. Cornell and Fordham (Rose Hill?) are much larger and impersonal. After two years (or even 1.5 with AP credit transfer), you transition to the main campus with a wider selection of offerings when you need it for upper-division classes in your major(s).
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KEEPING OPTIONS OPEN: Emory choice offers you the best flexibility in your future options. For example,
a) Okay, CORONAVIRUS: If you are at a $0 net COA school, you can start Fall 2020 remotely or on campus if the coast is clear. But what if you opt for the $26K or $68K/year college (Fordham or Cornell). Granted, you may not have full R & B expenses for Fordham if you are remote, but you may start and have to return, and it's unclear how much of your room and board will be refunded/prorated. It's an even bigger issue with Cornell, since tuition is NOT covered. Will your parents be okay with spending $29K for a semester of online classes, or $58K if it is all year? Plus any prorated room and board? Be sure to discuss the implications of Covid and the likelihood of at least a portion of Fall 2020 being online and whether they are willing to pay top dollar for that.
b) ELITE CREDENTIAL IN A TIME OF UNCERTAINTY: Getting a full-ride merit scholarship is quite an accomplishment--CONGRATULATIONS! It is even more impressive at at T25 National University (Emory is #21 in USNWR). If you go to law school, the GPA and LSAT will become an academic index score, but then there are the soft discretionary factors that will come into play (LORs, statement) which will include the reputation of your undergraduate degree. Yes, Cornell is ranked higher at #17, but only slightly. The are in the same category of school, so the premium of nearly full pay is not worth it IMHO. We had a similar choice last year for S19 who got into Cornell with a whopping $1000 scholarship, but 90% or so full-ride at USC, which is ranked #22. And his major was more highly regarded at Cornell, but not $270K better over 4 years. Again, with the financials added it for people intending to go the graduate school, it is really a no-brainer. If you don't go to law school, but decide on some other graduate school, it certainly will not hurt you to have attended a school in the top 25, as opposed to Fordham at #74. I like Fordham, and my D19 applied there, but again, why go to a lower ranked school for a higher price without a better fit or major (my D19's situation, and perhaps yours)?
- “FIT”: This is an important category and only you can answer this part. What I like about Emory in this category is that you have two networks you can tap to ease your transition to college and provide social and academic support–the intimate, teaching-focused Emory Oxford and the Woodruff Scholars cohort. You won’t have these at the two other large national universities. We were warned off of Cornell for my S19 by my sister, who has many friends whose kids went there and reported that it was driven and somewhat depressing, given its remoteness and the harsh winter. Fordham was not ideal for D19 because it seems its culture is more of the traditional, buttoned-down Catholic private university and my she is much more activist in nature.
BOTTOM LINE: I think Emory is your best choice even if all costs were equal. It is CERTAINLY the front-runner if these net COA’s hold after you get your FA offers. Look forward to your follow-up after all your FA awards are in. Good luck and congrats again!