Considering tuition costs (in state vs out of state..)
Univ of Wisconsin - Grad program = $5.9K per semester (in state)
Univ of Wisconsin - Law program = $10.7K per semester (in state)
Univ of TN - Grad program = $15K per semester (out of state)
Univ of TN - Grad program = $5.8K per semester (in state)
Univ of TN - Law Program = $18.8K per semester (out of state)
Univ of TN - Law Program = $9.5K per semester (in state)
You can obtain in state status after one year of residency in the state.
So, year 1 would be pretty expensive by comparison to going to a school in your home state.. but after that, the costs are pretty close..
The big savings is in cost of living...
For example.. Madison, WI vs. Knoxville, TN...
Housing is 27% cheaper in Knoxville
Groceries are 15% cheaper in Knoxville
Utilities are 10% cheaper in Knoxville
Transportation is 20% cheaper in Knoxville
Healthcare is 24% cheaper in Knoxville..
a $41K annual salary in Knoxville, roughly equates to making $50K in Madison...
So.. the additional money you pay in the first year of school in tuition.. you would likely make most of that back up in cost of living (your apartment would be cheaper, your utilities would be cheaper, your groceries would be cheaper, etc..)..
And every year after that (once you obtain in state status) would be considerably cheaper on you in TN..
Assuming you went on and moved in the fall of 2015.. you would be a resident before you started class in 2016.. and the in state vs. out of state issue is moot.. both cost of living.. and tuition would be cheaper than staying in WI..
And.. if you come here... I can take you to the range.. and teach you how to shoot...
As far as the quality of the school/education.. Univ of TN isnt exactly Duke or Georgetown... but.. its a good school.. Its MBA program was ranked 65th in the country last year.. and its law school was ranked 72nd..
When you consider that there are 202 ABA law schools in the US.. and probably another couple of hundred non ABA schools (not sure how many non ABA there are.. but there are lots).. That puts UT roughly in the top 25%...
There are thousands of MBA programs in the US.. so... being #65 aint too shabby all things considered... if you decide to go the business school route..