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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...

ABA Legal Opportunity Scholarship

The American Bar Association Legal Opportunity Scholarship Fund offers up to $5000 a year to law students attending ABA-accredited law schools.  The Fund is “intended to encourage racial and ethnic minority students to apply to law school and to provide financial assistance to the scholarship recipients.”  Applications are now available online...

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...

Tuition goes up while job availability goes down

And yet people keep fooling themselves into believing that a brand name diploma is worth the cost.  It’s not, of course. But you are a UMass student or alum: you’re way too smart to buy that marketing ploy line of reasoning.  You know that when it comes to...

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...

No joke: More on law school employment numbers

Yesterday, I might have fooled some of you with my “LSAT waiver” prank, but today, I am forced to be serious again.  It’s about those post-grad legal employment numbers.  “Bleak” continues to be the best word to describe the job market for new lawyers, and it’s...

“Worst job market yet”

That’s the headline for the latest legal employment report from NALP, the Association for Legal Career Professionals. Reporting on the Class of 2011’s employment 9 months after graduation (February 2012), NALP found that Only 85.6% of graduates (for whom employment status was known) were employed Only 65.4% (of those for whom the employment...

You don’t need to commit just yet

If you’re like most applicants, you are unaware that LSAC recommends law schools adhere to certain “best practices” in the admissions process. Even though they’re not binding, the guidelines set out what you should generally expect from admissions officials as you navigate this process. At this time of...

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...

What’s it worth to ya?

So there’s this raging debate in law world now about the value of a law degree.  Some law profs are arguing that it’s a million dollar degree.  Others are taking issue with that claim. Who’s right, who’s wrong, and what does it mean for...

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