lack of student aid

Justin Schwartz jkschw at hotmail.com
Fri Jun 28 21:59:16 PDT 2002


Eric said:
>
> Here is how law school worked for me:
>8,500 in subsidized loans per year
>10,000 in unsubsidized per year
>......the difference being that interest did not accrue during school for
>the subsidized....
>so, doing the math....approx $60,000 for three years....
>now, I went to Iowa and got a break on tuition (THE bargain for
>out-of-state students) so I owe less than that...I cannot speak to where
>the money comes from for people to go to the private schools or
>Michigan.....

Yeah, well that's why I went in state to Ohio State Law rather than Michigan, NYU, or Columbia. I escaped with about $35,000 in debt, now $25,000. It should disappear pretty quick when I start working at the firm. I got a better education at OSU Law than I would have at a hot shot school, too. Their people are just as good, if less famous, and they actually care passionately about teaching. If you get a big firm job starting at $125K, and you are single, you can probbaly make $100K or so of law firm debt go away in a few years.

jks

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