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cool of law · Post by **cool of law** » Sat Mar 19, 2011 7:13 pm

polevaulter wrote:I have been thinking a lot lately about the decision to attend law school. I have also been reading A LOT of articles about student loan debt--especially all of the unemployed lawyers (and soon-to-be law grads) with zero job prospects. To be honest, this all makes me very, very nervous.

I will be a non-traditional student when I would start law school (at age 33) and I am already in student loan debt for $50K and credit card debt for another $10K. So I have a grand total of $60K of debt as I type this post. Right now, I am stuck working at non-profit (only job I can find) and making very little money. My LSAC GPA is 3.0 and my LSAT diagnostic was 165.

When I attend law school, I will be unable to work at all (unless its during the summer)--other than that, I will definitely have to borrow the maximum amount for living expenses--I already the looked at the living expenses at a few schools that I'm interested in. So even if I was given a full tuition scholarship at a T3 or T4 school, I would be borrowing around $50K for 3 years of living expenses.

So if I did manage to get a scholarship, I would still leave law school $100K in debt (including my previous $50K from my undergrad and masters degrees). And if I didn't get a scholarship at all, I would wind up paying around $50K/year for law school and $150K at graduation and a possible grand total of $200K (with all three degrees include).

I think the economy is really making me reconsider a lot things. Sorry for writing a book, but I need some outside opinions about this situation...I have already solicited advice from friends and family on the topic and I know they tend to be biased. Thank you again

some schools given stipends to the very top top applicants.

polevaulter · Post by **polevaulter** » Sat Mar 19, 2011 7:14 pm

How much and what schools?

cool of law · Post by **cool of law** » Sat Mar 19, 2011 7:14 pm

I had very similar stats and am also working at a non-profit.

Do you want to be a lawyer: Yes / No (circle one)

polevaulter · Post by **polevaulter** » Sat Mar 19, 2011 7:16 pm

cool of law wrote:
Do you want to be a lawyer: Yes / No (circle one)

LOL

I do...but I don't want to end up choking to death on debt.

cool of law · Post by **cool of law** » Sat Mar 19, 2011 7:17 pm

polevaulter · Post by **polevaulter** » Sat Mar 19, 2011 7:17 pm

Are you saying pre-med?

paulinaporizkova · Post by **paulinaporizkova** » Sat Mar 19, 2011 7:18 pm

every time i see this thread i think of the movie greatness that is He Got Game.

Ray Allen should've won the oscar

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