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Reply to "Law school financial aid "
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[quote=Anonymous]My college freshman DD says she wants to go to law school - she actually is not interested in being an attorney but loves school and Learning and is a good at being a student. Right now, she is very interested in government, court proceedings, and laws. I am convinced that after 4 years of undergrad she may or may not be interested in further schooling. She’s leaning toward declaring a Economics/politics major. Her school sends a lot of Econ grads into consulting/finance. Also a quite a few go to law school. (This paragraph was mainly to help not derail the thread from my question below. :) ) So here’s the question: We are full pay with undergrad. We had about 1 years covered by her 529 and we are lucky enough to be able to afford the rest with DHs salary. If DD graduates in 3 years and spends 2-3 years working for @$75k a year, what would be her financial state for financial aid for law school? We are trying to set expectations on whether a 24yo would likely not qualify because her parents have means. How is “need” determined? We haven’t discussed, but my thought is we could pay half and she could take out loans for the rest..That is if we even get to that point. [/quote]
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