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Law School Admissions and Debts
By Stephanie Judd


The recession already has forced law schools to bring in tuition hikes, one of the highest in the last 25 years. With tuition costs constantly shooting upwards and the economy still not stable, law students are constantly piling up debts more than ever. According to financial aid administrators, nowadays law students who graduate mostly end up owing a quarter of a million dollars in debt.


It is seen that while many law students research about a law school well and their later careers, what they fail to give thought is that whether they can truly afford certain law programs and degrees.


Students need to take a close look at their careers and post graduation choices and ask themselves whether the school you want to attend is going to train you on the lines of work you want to do later. Will that work help you pay off your exorbitant law school loans?


Additionally, even the best informed students succumb to going to their dream school rather than a practically feasible school.


Just gauge the options you have: you can’t re-sell your law degree. You can’t rent it out or even hire the mafia to burn the degree and get an insurance payout. The cost of your law degree will eat you up. Law schools are nowadays releasing a large contingent of professionals who start their careers with six figures in debt and aspire to spend their best earning years in getting to a no-profit-no loss status.


In dealing with financial aid officers, prospective students should keep in mind that they are one of the thousands of applicants that school employees deal with every year and every term. It’s of no use to waste one’s ire on them as they always feel entitled to the money. It won’t get the students anywhere.



Posted on: 04/28/2010 02:17 PM | Number of feedback 4


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