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[quote=Anonymous]I would suggest doing ANYTHING possible to avoid taking on debt. No one can count on getting a BigLaw job and paying it of quickly. I went to a mid-tier law school and graduated at the top of my class in 2009 (yep, great timing). I make a good salary now, but it took 10 years. I will still be paying off loans for the next 8 years. Many, many of my classmates will pay them for 25-30 under IBR with the hope that they will be forgiven if the law remains the same. Full loans at my law school landed you about $250K in debt, not $145K. Because we had to work for free to as a resume builder and couldn't rely on that summer associate job/offer, full loans were necessary for some (not me).

As a frame of reference, my loan + my husband's combined law school loan repayments are $4K/month, and that is the lowest possible. It's double our mortgage.

There are many other paths of course, and maybe taking on loans won't hit him/her as hard. In my experience, it was absolutely crushing for many of my classmates. [/quote]

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