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College and University Discussion
Reply to "Law school financial aid "
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[quote=Anonymous]Not OP. But I'm interested in the same question. I've gleaned some knowledge from the thread, but hoping you can answer a couple of specific questions. Assuming a kid applies to law school, intends to be a lawyer of some sort, and is going to need to pay for it themselves. 1. I understand from this thread that law school is very expensive, there is really no financial aid, but there is potentially merit. So. 2. Students rack up a huge amount of student loans across three years. My question is this. What is the 'typical' process for being able to pay back the loans. Specifically, I'd heard that internships between first and second year, and between second and third year can pay very well-- enough to cover a lot of the next year's tuition. Is that right? Is the starting salary for a typical law firm high enough to pay back the loan in 5 or so years? I think there is some loan forgiveness if going into govt or non-profit work. Does that bring down the total cost a ton? TIA![/quote]
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