Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
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Postby miamiheat » Wed May 09, 2012 10:57 pm

Last edited by miamiheat on Thu May 10, 2012 7:50 pm, edited 1 time in total.

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Re: Paying for law school out of pocket without loans

Postby jrthor10 » Wed May 09, 2012 11:01 pm

Someone from Miami would post this.

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Re: Paying for law school out of pocket without loans

Postby bdubs » Wed May 09, 2012 11:01 pm

miamiheat wrote:I think I will be in the position to pay the 50k tuition for my law school plus my living expenses out of pocket....Does anyone see this as disadvantageous as opposed to taking out loans with the notion I will be able to pay them back right away? Interest on investments, tax implications, or something like that??

No more subsidized loans means there is absolutely no way to game the system. If your school offers a payment plan, use that. My school offers an installment plan for 9 payments throughout the year but they don't charge any fees or interest if you pay in cash.

ETA: This is a really weird post considering that you're the guy who just posted about repaying >200k in loans.

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