43 year old graduate: Loan or Full Ride Forum
-
- Posts: 99
- Joined: Tue Feb 23, 2010 10:09 pm
43 year old graduate: Loan or Full Ride
I can expect the answer but I will ask it anyway. I am looking to start school when I am 40.
Would you rather get a free ride at a mid 50 school or pay face at a top 10? Bearing in mind I am not looking to make work my life. $160K and 80 hour work weeks are definitely NOT what I want.
I can't justify paying face for a top 10 school and turning down a full ride at a lesser school. I just dont have as much time to pay off the loan as a 25 year old.
Would you rather get a free ride at a mid 50 school or pay face at a top 10? Bearing in mind I am not looking to make work my life. $160K and 80 hour work weeks are definitely NOT what I want.
I can't justify paying face for a top 10 school and turning down a full ride at a lesser school. I just dont have as much time to pay off the loan as a 25 year old.
- Hannibal
- Posts: 2211
- Joined: Mon Jul 12, 2010 12:00 pm
Re: 43 year old graduate: Loan or Full Ride
Sounds like you've made your decision. If I were in your shoes I'd go with the full ride, and take a public interest job to help pay off COL loans.
IM0LO.
IM0LO.
- Knock
- Posts: 5151
- Joined: Wed Jun 10, 2009 3:09 pm
Re: 43 year old graduate: Loan or Full Ride
Agree with Hannibal above. Take the full ride for sure.flounder wrote:I can expect the answer but I will ask it anyway. I am looking to start school when I am 40.
Would you rather get a free ride at a mid 50 school or pay face at a top 10? Bearing in mind I am not looking to make work my life. $160K and 80 hour work weeks are definitely NOT what I want.
I can't justify paying face for a top 10 school and turning down a full ride at a lesser school. I just dont have as much time to pay off the loan as a 25 year old.
-
- Posts: 11453
- Joined: Wed Mar 24, 2010 4:54 pm
Re: 43 year old graduate: Loan or Full Ride
Is this an example of a rhetorical question ? I know that it isn't intended, but it might as well be because the answer is so obvious.
- IAFG
- Posts: 6641
- Joined: Mon Jun 15, 2009 1:26 pm
Re: 43 year old graduate: Loan or Full Ride
If I didn't want biglaw or to have debt I would not attend LS
Want to continue reading?
Register now to search topics and post comments!
Absolutely FREE!
Already a member? Login
- Stanford4Me
- Posts: 6240
- Joined: Thu Jan 10, 2008 1:23 am
Re: 43 year old graduate: Loan or Full Ride
ftfyIAFG wrote:If I didn't want biglaw or to have debt I would not attend LS
-
- Posts: 4086
- Joined: Sat May 16, 2009 5:27 pm
- fragged
- Posts: 238
- Joined: Mon Feb 08, 2010 1:52 pm
Re: 43 year old graduate: Loan or Full Ride
The only benefit I see for a T10 school over a 50-something is a job that will pay you more. But if you want a life, I would take the $$ in a heartbeat.
-
- Posts: 22
- Joined: Tue Aug 17, 2010 4:41 am
Re: 43 year old graduate: Loan or Full Ride
T25 and some scholarship.


-
- Posts: 9
- Joined: Tue Aug 03, 2010 6:54 pm
Re: 43 year old graduate: Loan or Full Ride
I'll be in my 30's when I start LS and I definitely want a life more than biglaw. So I'm hoping for a full ride at a local T1. There's no T14 in my state which kind of helped me with my decision. I'd be lying if I said I wouldn't be tempted if there was a T14 where I live.
flounder wrote:I can expect the answer but I will ask it anyway. I am looking to start school when I am 40.
Would you rather get a free ride at a mid 50 school or pay face at a top 10? Bearing in mind I am not looking to make work my life. $160K and 80 hour work weeks are definitely NOT what I want.
I can't justify paying face for a top 10 school and turning down a full ride at a lesser school. I just dont have as much time to pay off the loan as a 25 year old.
-
- Posts: 99
- Joined: Tue Feb 23, 2010 10:09 pm
Re: 43 year old graduate: Loan or Full Ride
Basically it is a hypothetical.
Should a man in his 40's go into debt for the prestige or save money?
My wife says save money.
I am too old to work 70 hours a week. I will most likely not be hired by big law cause they know damn well someone my age would not give up there life.
Should a man in his 40's go into debt for the prestige or save money?
My wife says save money.
I am too old to work 70 hours a week. I will most likely not be hired by big law cause they know damn well someone my age would not give up there life.
Register now!
Resources to assist law school applicants, students & graduates.
It's still FREE!
Already a member? Login