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College and University Discussion
Reply to "How will families afford college and grad schools?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]In my opinion, the bigger question is how families will afford law, medical, or graduate school now? It's a small group of families that save for post-grad education, and we're going from no limit for graduate plus loans to a $200,000 limit. This is where we'll see the toughest decisions. [/quote] [b]I think that law school may look to go to an undergrad + masters like Europe. Reserve the JD programs for career switchers or students that want to prestige up for a chance at big law. I could also see the JD going to two years.[/b] Essentially aligning legal licensing to be more like accounting licensing with the JD acting as an MBA type grad program. This lets the schools get money for undergrad, the $100k for a masters, and $200k for JDs. For medical school, I could see more 2+4 programs or similar. Basically undergrad is just to knock out pre-reqs then going straight to med school. $200k for four years to go into a $60k residency program is just really tough to make sense with these loan caps. Or start some kind of part-time program for the growing population of mid-levels.[/quote] Ha - no way. Law schools are massive money makers. They cost nothing and there is no way they should be three years, but they are. This isn’t going away. [/quote]
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