It seems like most people go with government school loans for law school.
Are there any circumstances under which it is a good idea to go with private loans? I know that paopel have said that the rates may be adjustable and can hurt you later in interest. But suppose a person has a very low expected loan need (maybe b/c of a scholly and savings, etc.) of like $30K. Would that situatoin or any other make private loans better?
Under any circumsatnce good to go w/ private loans? Forum
- scifiguy
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- dingbat
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Re: Under any circumsatnce good to go w/ private loans?
Just like study abroad, the only time it is not bad advice is during 3L year after you have a job offer securedscifiguy wrote:It seems like most people go with government school loans for law school.
Are there any circumstances under which it is a good idea to go with private loans? I know that paopel have said that the rates may be adjustable and can hurt you later in interest. But suppose a person has a very low expected loan need (maybe b/c of a scholly and savings, etc.) of like $30K. Would that situatoin or any other make private loans better?
- h_jane_w
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Re: Under any circumsatnce good to go w/ private loans?
If it's a family member offering you lowest interest rate possible.
- A. Nony Mouse
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Re: Under any circumsatnce good to go w/ private loans?
Doesn't IBR only apply to federal loans?
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