It's a close call. I assume you also have a place in local law.

Normally it'd be a no-brainer to accept Oxbridge law, but if you need to take a loan, it means your family isn't privileged like the typical mid upper class law kid. So there's an added dimension to consider.

Cambridge law is definitely advantageous, but you have to make sure you leverage it for a spot in the higher paying int'l firms. Nothing in life is guaranteed.

A poor outcome in your case would be to go to Cambridge, come back having to pay back the student loan, and start in a Big 4 on a lousy local salary like the rest.

There's an element of risk. But if you're brave enough, I'd say take it. You're young after all.