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Tag Archives: law school debt
A) These days, LSAT prep and law school admissions can be tough to juggle. Law Admissions Lowdown. B) If you’re worried about law school debt, just make sure you get hired by this law firm that’ll cover it. Business Insider. … Read Entire Article…
Apr 22, 2013 - 4:17 pm - By Hank
A) Among the steps to prepare for law school debt: Don’t bank on loan forgiveness. US News and World Report. B) Not everyone’s a fan of law schools hiring their own graduates, but it’s not such a bad thing. Above … Read Entire Article…
Mar 29, 2013 - 4:09 pm - By Hank
A) Before President Obama broke Reddit yesterday, he answered a question about law school debt. Business Insider. B) She went from homeless to law school to a tax attorney for the Philadelphia Law Department. Huffington Post. C) An American journalist … Read Entire Article…
Aug 30, 2012 - 3:06 pm - By Hank
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 otherwise work in the public sector or in public interest, into high-paying corporate jobs.
While this may be upsetting to the bleeding hearts among us, it is actually a fairly positive outcome: We should be happy for those young idealists who, despite losing their values, actually get good jobs. For everybody also knows that job prospects for law school graduates are downright abysmal these days, and many students are ending up underemployed or without a job entirely.
I’ve listed a few ways for graduates to help pay off their law school debt, aside from landing a six-figure Big Law job.
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A) Hmm. Some law schools want to change their tuition figures for US News & World Report. Wall Street Journal. B) This New York University law student has resorted to post signs to help pay off his law school debt. … Read Entire Article…
Aug 8, 2012 - 2:46 pm - By Hank
A) Law School Transparency screwed up its recent findings about law school debt. It’s actually much worse. National Law Journal. B) NYU Law School has invited blind Chinese dissident Chen Guangcheng to be a visiting scholar. DNAinfo. C) Why bust … Read Entire Article…
May 4, 2012 - 4:10 pm - By Hank
A) LSAC has raised LSAT testing fees 15 percent, in case you haven’t frowned yet today. National Law Journal. B) Is it okay to put down deposits at multiple law schools? Good question. Anna Ivey. C) Putting things into perspective … Read Entire Article…
Apr 18, 2012 - 4:24 pm - By Hank
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 how the amount of debt they assumed to attend law school is affecting their lives, post-graduation. You should treat each of these stories as a best-case scenario; they were all employed at graduation in a large market, at firms that paid at the top of the salary band.
You should also view the responses through a lens of the selection bias finding these lawyers entailed – I posted a query on Facebook, so the responses I received were most likely from those who had strong feelings about the student loan situation.
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