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Loan repayment options

There are several repayment options to consider both before you take out loans to finance your legal education, and once you’ve graduated. As you think about these options, think too about how much you’re likely to be earning and what it will cost you to live in the...

Financing law school

Attending law school is extremely expensive. Tuition at a private law school, plus living expenses and books, can run well over $80,000 per year. Only the wealthiest students can afford to pay this amount as they go through three years of law school. Most law students have to borrow substantial amounts...

Loans

Most law students finance some part of their education through loans.  This overview should help you understand the different types of loans available, and their relative advantages and disadvantages. For more information on federal loans, the US Department of Education has an extensive explanatory website. These days, students primarily...

Private practice vs. public service/public interest

Another distinction among lawyers is between those who work in private firms and/or for companies, and those who work for government or in non-profit work.  The first type is generally referred to as “private practice” while the second is called “public interest” (or, occasionally, “public service”).  Attorneys...

Nuts and bolts of law school tuition and financial aid

The first step in your financial planning is to figure out how much law school is going to cost.  Every school publishes its current tuition figures on its website.  Each school also calculates and publishes its annual “cost of attendance,” or COA (sometimes referred to as the “student...

Is law school a good investment?

Given the long term financial ramifications, it is imperative that you ask yourself this question. There is no universal answer—only you can decide whether, given a number of factors, law school represents a good investment for you. Among the factors to consider are the following: Why do you want...

Scholarships

Law school scholarships The posted tuition cost for any given school is just the starting place. All schools offer scholarships to some extent, and an increasing percentage of students are able to attend school with some kind of institutional grant aid. Think of the tuition number as your sticker price,...

Working during law school

During your first year of law school, you can expect to log 12-15 hours per week in the classroom. The most often-cited benchmark for outside study time is 2-3 hours of study for every hour of class time. Please note that that figure is an average—some students will study...

Overview

The law school application process should ideally begin about a year and a half before you intend to start law school.  At that time, you’d want to think about when to take the LSAT and how to prepare, who you’ll ask for letters of recommendation, and where...