Public Service Law: Repaying Law School Loans
The price tag on law school can be overwhelming, and the plan for a lot of potential lawyers is to find a job at a big firm—which comes with a big salary—to pay off those loans. But what if you…
The price tag on law school can be overwhelming, and the plan for a lot of potential lawyers is to find a job at a big firm—which comes with a big salary—to pay off those loans. But what if you…
Yuko Sin is an instructor and blogger for Blueprint LSAT Prep. He just started as a 1L at Columbia Law School, and is writing a series of law school-related posts about his experiences. Classes – the graded, real kind –…
I’ve previously discussed law school debt on the LSAT blog from the viewpoint of those who have already taken it out and are living with the consequences, in a vain attempt to convince a few of you that it’s not…
Loan repayment assistance programs (LRAPs) are magic wands that make debt disappear for students who are good-hearted enough to enter public service. Sure, you’re earning a quarter of what your classmates are making, but you’re making the world a better…
Last week, we were reminded of the Sandy Cohen Public Defender Fellowship, rewarded to a Berkeley Law student working in the Orange County public defender’s office, and named after the eponymous character from The O.C. Really. This isn’t exactly breaking…
Everyone knows that unless you have a big scholarship or very generous (rich) parents, you’re more or less bound to end up with some serious debt after law school. This sad truth pushes many idealistic law students, who would perhaps…
The issue of student loans recently came up in Congress as they considered whether or not to delay (or possibly get rid of) a rate increase on student loans from 3.4% to 6.8%. Both sides acted with their trademark maturity.…
Last week, I gave you some of my own advice about taking on large amounts of debt for law school. This week, I interviewed some acquaintances who are currently working full time as lawyers at Big Law firms to see…
There are a lot of studies done in social psychology that analyze the way that we analyze risk. They’re pretty interesting if you’re into that kind of thing; if you’re not, I’ll cut through all the charts and control groups…
I’m currently about 14k in the hole with student loans, which isn’t too bad, as far as such things go. It sucks to have to drop $200 every month, but I’m pretty sure there are about a billion people in…