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p1921

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Law School Loans

Post by p1921 » Fri Dec 12, 2014 9:38 pm

I'm not sure if this is the correct place for this thread, but what is the average interest rate for law school loans? I'm trying to factor this into my process of choosing schools and I want a realistic idea of what I'll be paying back. I'll be matriculating next fall.

If this is the wrong place for this thread, please move it so I can get the best feedback I can.

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Ron Don Volante

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Re: Law School Loans

Post by Ron Don Volante » Fri Dec 12, 2014 9:43 pm

up to like 20K they are, I want to say, like ~5.5. Everything above 20K is around like 6.9? Someone else can give you the exact numbers, or the google machine can do it really fast

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A. Nony Mouse

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Re: Law School Loans

Post by A. Nony Mouse » Fri Dec 12, 2014 10:11 pm

for grad plus loans: https://studentaid.ed.gov/types/loans/p ... he-current

(Can you get any kind of loan besides grad plus as a grad student anymore?)

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jbagelboy

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Re: Law School Loans

Post by jbagelboy » Fri Dec 12, 2014 11:19 pm

A. Nony Mouse wrote:for grad plus loans: https://studentaid.ed.gov/types/loans/p ... he-current

(Can you get any kind of loan besides grad plus as a grad student anymore?)
stafford, $20,500 at 6.21%
some schools offer perkins, $5,000 at 5%

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