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More financial food for thought

Two more recent articles continue to paint a bleak financial picture for law world. Many recent law graduates finance their bar prep courses—and the eight to ten weeks of study post-law school with private loans.  A recent article on law.com tells how those loans are now becoming harder...

Why I’m happy UMass Law got accredited

If you’ve followed this blog, read even a little of my website, or just seen a few of the depressing articles I’ve linked to on Facebook, you know I’m not an uncritical booster of law school and legal careers in general.  In fact, I’m pretty...

Law school’s value proposition

The debate about whether law school is a worthwhile investment got some renewed mainstream media interest this past week when the New York Times published an op-ed from Case Western Reserve Law School Dean Lawrence Mitchell.  In short, Mitchell contends that law school is worth the money. Several commentators...

My applications are in, what do I do next?

Once your applications are in – including your letters of recommendation, Dean’s letters (if necessary) and transcripts, you get to relax a bit.  You will want to check in with each law school to make sure that they have your complete application, if you haven’t already heard from...

Guest post: Recent law grad (and UMass alum) shares some tough realities

A relatively recent law grad and UMass alum (ISOM, mid-2000’s) contacted me earlier this month with a desire to share with prospective law school applicants from UMass some of the harsh realities he’s faced as a new attorney in today’s economy.  I asked him to write up...

Do I have to apply for financial aid?

Q: I don’t expect to qualify for any need-based scholarships.  Do I still need to fill out the financial aid applications?A: Yes.  It’s a pain, but unless you’ve got your full law school tuition squirreled away somewhere, you need to fill out the FAFSA...

Best time ever to pursue public interest law

Even though Harvard just ended its free tuition program for public interest lawyers, they, as well as many other schools, still have a very generous Loan Repayment Assistance Program (LRAP), and public interest lawyers from any law school can take advantage of the federal College Cost Reduction and Access Act. ...

Law grad employment numbers keep getting worse

The National Association for Legal Career Professionals (NALP) has issued its findings and analysis of employment trends for the law school class of 2010, and it’s almost all bad news. The annual NALP hiring report examines the employment status of law grads in February, nine months after graduation. ”[A]t 87.6%,...

Wisdom from the financial aid panel

Summary of panelists’ presentations from the recent workshop on law school financial aid issues:What kinds of financial aid are available?Need-based aid (mainly Stafford loans, up to a Congressionally specified sum, currently around $20K), private loans, and merit-based aid.What forms do I fill out to apply for need-based...

Lots of debt and no income?  You’ve still got options

This is the second guest post from Radhika Singh Miller, who serves as program manager of educational debt relief and outreach at Equal Justice Works. Last week’s post looked at Income-Based Repayment options, while this week’s post explores options for avoiding default should you find yourself without any...

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