ABA employment numbers for C/O 2011, LST and recent articles

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mrwarre85
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Re: ABA employment numbers for C/O 2011, LST and recent articles

Postby mrwarre85 » Wed Jun 20, 2012 12:33 pm

Also if LST is on board-- you need to update your cost of living for LSU. You have living in Waco or OKC as twice as expensive in living in Baton Rouge. In reality, all three are similar.

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jenesaislaw
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Re: ABA employment numbers for C/O 2011, LST and recent articles

Postby jenesaislaw » Wed Jun 20, 2012 1:47 pm

mrwarre85 wrote:Also if LST is on board-- you need to update your cost of living for LSU. You have living in Waco or OKC as twice as expensive in living in Baton Rouge. In reality, all three are similar.


It's just what the school allows. Take it up with LSU for being so absurd and, frankly, taking advantage of the federal gov't.

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laxbrah420
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Re: ABA employment numbers for C/O 2011, LST and recent articles

Postby laxbrah420 » Wed Jun 20, 2012 1:50 pm

jenesaislaw wrote:
mrwarre85 wrote:Also if LST is on board-- you need to update your cost of living for LSU. You have living in Waco or OKC as twice as expensive in living in Baton Rouge. In reality, all three are similar.


It's just what the school allows. Take it up with LSU for being so absurd and, frankly, taking advantage of the federal gov't.

Could you explain how the federal government is getting taken advantage of when law students take out 7.8% loans?

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spleenworship
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Re: ABA employment numbers for C/O 2011, LST and recent articles

Postby spleenworship » Wed Jun 20, 2012 1:53 pm

laxbrah420 wrote:
jenesaislaw wrote:
mrwarre85 wrote:Also if LST is on board-- you need to update your cost of living for LSU. You have living in Waco or OKC as twice as expensive in living in Baton Rouge. In reality, all three are similar.


It's just what the school allows. Take it up with LSU for being so absurd and, frankly, taking advantage of the federal gov't.

Could you explain how the federal government is getting taken advantage of when law students take out 7.8% loans?


I think he means for inflating the cost of living allowance maybe? Though that doesn't make sense, since those numbers are unbelievably below actual COL in so many places. Like, 20K COL in NYC? really?

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jenesaislaw
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Re: ABA employment numbers for C/O 2011, LST and recent articles

Postby jenesaislaw » Wed Jun 20, 2012 2:03 pm

spleenworship wrote:
laxbrah420 wrote:
jenesaislaw wrote:
mrwarre85 wrote:Also if LST is on board-- you need to update your cost of living for LSU. You have living in Waco or OKC as twice as expensive in living in Baton Rouge. In reality, all three are similar.


It's just what the school allows. Take it up with LSU for being so absurd and, frankly, taking advantage of the federal gov't.

Could you explain how the federal government is getting taken advantage of when law students take out 7.8% loans?


I think he means for inflating the cost of living allowance maybe? Though that doesn't make sense, since those numbers are unbelievably below actual COL in so many places. Like, 20K COL in NYC? really?


I actually didn't even look at LSU's numbers. I just misread it. The point remains the same for other schools, however. There are some schools that inflate while others that deflate. The reason a school would inflate is that few people have summer paying jobs. The reason a school in NYC would deflate the number is to make costs not look so scary.

As for how the federal government, and really I mean taxpayers, are getting fleeced, look no further than the hardship programs and default rates. The Grad Plus rates look great for taxpayers, but the question is still whether these student loan investments by the gov't are making money (or as much money) as they could. So, even if the gov't still made a profit off of these loans, they'd make more if schools didn't have total authority over how much students can take out.




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