Columbia Law School 2012!

(housing, friendships, future exams, all things 2012)
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SleekFire
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Re: Columbia Law School 2012!

Postby SleekFire » Mon Apr 20, 2009 9:24 pm

sbalive wrote:
SleekFire wrote:
sbalive wrote:
What are your goals / thoughts about what you want to do during law school?



No Idea..... thats part of the problem!


Well, at CLS you'll have more options & opportunities, and there's more upside in the future. You're young (or you wouldn't have gotten the deferral scholarship)... if you're not weighed down with debt go with the higher risk/investment - higher reward. Plus, New York has the potential to be a fun place over the next few years - it had gotten way too expensive & stifling during the bubble, even if it was more lucrative for lawyers.



True but $210,000 in debt hu? Scary... I am not even sure if I could afford to go!

06132010
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Re: Columbia Law School 2012!

Postby 06132010 » Mon Apr 20, 2009 9:25 pm

which private lenders are you guys using for loans in excess of the $20,000 you can get through Stafford loans? I don't want to use Graduate PLUS because there's no grace period after you graduate.

sbalive
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Re: Columbia Law School 2012!

Postby sbalive » Mon Apr 20, 2009 9:36 pm

SleekFire wrote:
sbalive wrote:Well, at CLS you'll have more options & opportunities, and there's more upside in the future. You're young (or you wouldn't have gotten the deferral scholarship)... if you're not weighed down with debt go with the higher risk/investment - higher reward. Plus, New York has the potential to be a fun place over the next few years - it had gotten way too expensive & stifling during the bubble, even if it was more lucrative for lawyers.



True but $210,000 in debt hu? Scary... I am not even sure if I could afford to go!


Touché. I was just laying out the case for CLS - I'm pretty sure you can figure out the case for NU on your own 8)

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frank_the_tank
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Re: Columbia Law School 2012!

Postby frank_the_tank » Mon Apr 20, 2009 9:40 pm

booyakasha45 wrote:which private lenders are you guys using for loans in excess of the $20,000 you can get through Stafford loans? I don't want to use Graduate PLUS because there's no grace period after you graduate.


Why do you need a grace period? You WILL have a job.

06132010
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Re: Columbia Law School 2012!

Postby 06132010 » Mon Apr 20, 2009 9:44 pm

frank_the_tank wrote:
booyakasha45 wrote:which private lenders are you guys using for loans in excess of the $20,000 you can get through Stafford loans? I don't want to use Graduate PLUS because there's no grace period after you graduate.


Why do you need a grace period? You WILL have a job.


Haha... good point.

sbalive
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Re: Columbia Law School 2012!

Postby sbalive » Mon Apr 20, 2009 9:44 pm

frank_the_tank wrote:
booyakasha45 wrote:which private lenders are you guys using for loans in excess of the $20,000 you can get through Stafford loans? I don't want to use Graduate PLUS because there's no grace period after you graduate.


Why do you need a grace period? You WILL have a job.


Yeah, there won't be involuntary deferrals for us. It might a lot harder getting hired, but at least it will be predictable.

But, I can imagine someone might want to defer for other reasons. However, I'd point out that (a) according to Sallie Mae's FAQ, DoE is looking into mandating that GradPlus have the same grace period option as Stafford, and (b) it's probably not worth losing eligibility for LRAP, IBR, and who knows what other student loan help shows up down the line.

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frank_the_tank
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Re: Columbia Law School 2012!

Postby frank_the_tank » Mon Apr 20, 2009 9:49 pm

sbalive wrote:
frank_the_tank wrote:
booyakasha45 wrote:which private lenders are you guys using for loans in excess of the $20,000 you can get through Stafford loans? I don't want to use Graduate PLUS because there's no grace period after you graduate.


Why do you need a grace period? You WILL have a job.


Yeah, there won't be involuntary deferrals for us. It might a lot harder getting hired, but at least it will be predictable.

But, I can imagine someone might want to defer for other reasons. However, I'd point out that (a) according to Sallie Mae's FAQ, DoE is looking into mandating that GradPlus have the same grace period option as Stafford, and (b) it's probably not worth losing eligibility for LRAP, IBR, and who knows what other student loan help shows up down the line.



Also, at 120,000 over 25yrs your payments would only be 1k a month for your GradPLUS loans. 6k (6 month grace periodx1000) wouldn't totally destroy you anyway, right?


(I know nobody wants to pay over 25 yrs but there is no reason not to extend your payment period due to no early repayment penalties)

06132010
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Re: Columbia Law School 2012!

Postby 06132010 » Mon Apr 20, 2009 9:53 pm

Thanks guys, you both make good points that have convinced me to use graduate PLUS. Now I just have to figure out how much money I need :?.

06132010
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Re: Columbia Law School 2012!

Postby 06132010 » Mon Apr 20, 2009 10:44 pm

47,000 in loans for 1L :shock:. Time to start drinking!

sbalive
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Re: Columbia Law School 2012!

Postby sbalive » Mon Apr 20, 2009 10:47 pm

booyakasha45 wrote:47,000 in loans for 1L :shock:. Time to start drinking!


Image

06132010
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Re: Columbia Law School 2012!

Postby 06132010 » Mon Apr 20, 2009 10:51 pm

sbalive wrote:
booyakasha45 wrote:47,000 in loans for 1L :shock:. Time to start drinking!


Image


I hope that's not all I can afford for the next three years.

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SleekFire
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Re: Columbia Law School 2012!

Postby SleekFire » Mon Apr 20, 2009 10:58 pm

booyakasha45 wrote:
sbalive wrote:
booyakasha45 wrote:47,000 in loans for 1L :shock:. Time to start drinking!


Image


I hope that's not all I can afford for the next three years.



lol

sbalive
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Re: Columbia Law School 2012!

Postby sbalive » Mon Apr 20, 2009 11:00 pm

SleekFire wrote:
booyakasha45 wrote:
sbalive wrote:
booyakasha45 wrote:47,000 in loans for 1L :shock:. Time to start drinking!




I hope that's not all I can afford for the next three years.



lol


You're probably headed out to mail your deposit to NU at this very moment :P

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SleekFire
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Re: Columbia Law School 2012!

Postby SleekFire » Mon Apr 20, 2009 11:30 pm

sbalive wrote:
You're probably headed out to mail your deposit to NU at this very moment :P


Sure, 11:00 pm is when I send out all my outgoing mail ;-)

mp2012
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Re: Columbia Law School 2012!

Postby mp2012 » Tue Apr 21, 2009 1:08 am

booyakasha45 wrote:47,000 in loans for 1L :shock:. Time to start drinking!


+1...

06132010
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Re: Columbia Law School 2012!

Postby 06132010 » Tue Apr 21, 2009 1:42 am

mp2012 wrote:
booyakasha45 wrote:47,000 in loans for 1L :shock:. Time to start drinking!


+1...


I really did start drinking. I hope you did +1!

mp2012
Posts: 45
Joined: Fri Mar 20, 2009 11:54 pm

Re: Columbia Law School 2012!

Postby mp2012 » Tue Apr 21, 2009 1:57 am

booyakasha45 wrote:
mp2012 wrote:
booyakasha45 wrote:47,000 in loans for 1L :shock:. Time to start drinking!


+1...


I really did start drinking. I hope you did +1!


Haha, drinking is for Tuesday-Saturday. Not Monday nights..!

06132010
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Re: Columbia Law School 2012!

Postby 06132010 » Tue Apr 21, 2009 2:00 am

mp2012 wrote:
booyakasha45 wrote:
mp2012 wrote:
booyakasha45 wrote:47,000 in loans for 1L :shock:. Time to start drinking!


+1...


I really did start drinking. I hope you did +1!


Haha, drinking is for Tuesday-Saturday. Not Monday nights..!


Not when you have no responsibilities whatsoever/ you graduated in January but are living at college.

mp2012
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Re: Columbia Law School 2012!

Postby mp2012 » Tue Apr 21, 2009 3:57 am

I envy you. A Tuesday-Saturday habit is difficult with thesis, courses, and a 20-hour work week!

06132010
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Re: Columbia Law School 2012!

Postby 06132010 » Tue Apr 21, 2009 4:23 am

mp2012 wrote:I envy you. A Tuesday-Saturday habit is difficult with thesis, courses, and a 20-hour work week!


I envy your commitment to alcoholism five days a week, despite having several real things to do.

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Skadden Stairs
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Re: Columbia Law School 2012!

Postby Skadden Stairs » Tue Apr 21, 2009 8:34 am

Deposited an hour ago. :shock: :!:

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MeTalkPrettyOneDay
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Re: Columbia Law School 2012!

Postby MeTalkPrettyOneDay » Tue Apr 21, 2009 10:01 am

lex talionis wrote:Deposited an hour ago. :shock: :!:

Congrats, Lex!

mp2012
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Re: Columbia Law School 2012!

Postby mp2012 » Tue Apr 21, 2009 5:59 pm

Congrats!

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Skadden Stairs
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Re: Columbia Law School 2012!

Postby Skadden Stairs » Tue Apr 21, 2009 6:36 pm

Thanks. Shit's starting to get real.

pmwade
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Re: Columbia Law School 2012!

Postby pmwade » Tue Apr 21, 2009 6:38 pm

hey after yall put in your deposit online at CLS (if you did it online), was there a confirmation email? or a welcome email or something? i did mine like three hours ago and im kinda paranoid it didnt go through...




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