abcd wrote: txadv11 wrote: HoustonOrBust wrote:
TexasGE wrote:Ugh!!! +90945680376837683476945
Is that the cost if you end up taking four years to graduate?
That's the cost when, after interest, and even a little extra spending, you hit the "Grand Loan Plus" limits and begin taking out private, 3rd party loans with adjustable interest. Right after you graduate you get a job doing document review for 35K/yr. Then you miss a few payments, and you get the bill for $90945680376837683476945.00
HAHAHA! so true yet depressing! do you guys really think that it's worth it to go to this law school and graduate with such a big loan?
160,000 plus incidentals. .. Nope. 100,000 possibly. That would take the TEG and a decent merit award, and trying to get a decent summer gig, and roomate.
Guys, the interest on 150K alone is around 10-12 THOUSAND. Yes that's right you could make 1000 dollar payments a month starting at graduation and not put one dent in the principle. The average starting salaries aren't 70k. Even if they are try making 70k then pay 1500 a month to loans. Factor in taxes and try to live on that. You'll probably be near the poverty line.