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re: Law School Tuition Advice

Posted on 1/23/14 at 11:34 am to
Posted by Platinum
Baton Rouge and New Orleans
Member since Jan 2014
255 posts
Posted on 1/23/14 at 11:34 am to
People that go to Southern law school must have a real want to be a lawyer. I know quite a few people there that will never pass the bar that go there.
Posted by Teddy Ruxpin
Member since Oct 2006
39647 posts
Posted on 1/23/14 at 12:01 pm to
quote:

5.4%


For a Grad Plus loan? You wish.
Posted by barry
Location, Location, Location
Member since Aug 2006
50382 posts
Posted on 1/23/14 at 12:20 pm to
quote:

For a Grad Plus loan? You wish.



You can get the first 20k at the 5.4% rate

then plus are 6.4%
This post was edited on 1/23/14 at 12:22 pm
Posted by OTIS2
NoLA
Member since Jul 2008
50288 posts
Posted on 1/23/14 at 12:32 pm to
quote:

I have heard and thought about doing my first year at southern because it's affordable. It'd allow me to see if law school is for me and I can then transfer to LSU.
please research this plan first. I'm not certain LSU will accept a Southern transfer.
Posted by Teddy Ruxpin
Member since Oct 2006
39647 posts
Posted on 1/23/14 at 1:15 pm to
quote:

then plus are 6.4%



Sounds like a steal, because they were hovering around 8% as of a year ago.
Posted by theOG
Member since Feb 2010
10519 posts
Posted on 1/23/14 at 2:03 pm to
quote:

I have heard and thought about doing my first year at southern because it's affordable. It'd allow me to see if law school is for me and I can then transfer to LSU.


went i got in to tulane i had every intention of transferring to harvard after i aced my first year. do you think i have an ivy league diploma hanging on my wall here in my office gretna, louisiana?

only go to a law school if you are comfortable spending three years (four if you are doing part time at southern) and a lot of money to get the degree.
Posted by Teddy Ruxpin
Member since Oct 2006
39647 posts
Posted on 1/23/14 at 2:16 pm to
quote:

went i got in to tulane i had every intention of transferring to harvard after i aced my first year. do you think i have an ivy league diploma hanging on my wall here in my office gretna, louisiana?



Oh, its YOU again.

I hear Gretna is nice this time of year.
Posted by Rev1897
NOLA
Member since Dec 2008
782 posts
Posted on 1/23/14 at 2:35 pm to
quote:

I have heard and thought about doing my first year at southern because it's affordable. It'd allow me to see if law school is for me and I can then transfer to LSU.


You are unlikely to do this. Take the money at LSU. If you do well your first year you will get more money. Treat it like a JOB.
Posted by theOG
Member since Feb 2010
10519 posts
Posted on 1/23/14 at 2:44 pm to
quote:


I hear Gretna is nice this time of year.


someone lied to you.
Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 1/23/14 at 2:54 pm to
quote:

I have heard and thought about doing my first year at southern because it's affordable. It'd allow me to see if law school is for me and I can then transfer to LSU.


This post was edited on 1/23/14 at 2:56 pm
Posted by Dr. Shultz
Baton Rouge, La
Member since Jun 2013
6391 posts
Posted on 1/23/14 at 4:01 pm to
Federal loans for graduate\professional school is 6.8 no matter what and is set to increase, or change, every year based on the economy. Right now it's at 6.8.
This post was edited on 1/23/14 at 4:09 pm
Posted by CrippleCreek
Member since Apr 2012
2345 posts
Posted on 1/23/14 at 5:58 pm to
Are you from LA? Do you know you want to stay in one particular city in LA after school?

If you're not, you're going to have a hell of a time convincing employers that you aren't going to run home at the first opportunity. I don't know very many people at all in my class that are both employed and going anywhere but back to their hometowns.
Posted by Cold Cous Cous
Bucktown, La.
Member since Oct 2003
15055 posts
Posted on 1/23/14 at 6:11 pm to
quote:

If you're not, you're going to have a hell of a time convincing employers that you aren't going to run home at the first opportunity. I don't know very many people at all in my class that are both employed and going anywhere but back to their hometowns.

Law firms are uniquely paranoid about this.
Posted by barry
Location, Location, Location
Member since Aug 2006
50382 posts
Posted on 1/23/14 at 6:42 pm to
quote:

Federal loans for graduate\professional school is 6.8 no matter what and is set to increase, or change, every year based on the economy. Right now it's at 6.8.



No its not. How do I know? Because I'm in grad school right now with student loans.

Here's a link, maybe google something before you look like an arse

LINK
This post was edited on 1/23/14 at 6:44 pm
Posted by Dr. Shultz
Baton Rouge, La
Member since Jun 2013
6391 posts
Posted on 1/23/14 at 7:28 pm to
No need to get angry. I'm applying for dental school loans right now and they aren't giving us the 5.4% option so I guess il have to see if I can squeeze 20k at 5.4% out of them now
Posted by Teddy Ruxpin
Member since Oct 2006
39647 posts
Posted on 1/23/14 at 8:00 pm to
Consider yourselves lucky to be under 8%
Posted by barry
Location, Location, Location
Member since Aug 2006
50382 posts
Posted on 1/23/14 at 9:06 pm to
quote:

No need to get angry. I'm applying for dental school loans right now and they aren't giving us the 5.4% option so I guess il have to see if I can squeeze 20k at 5.4% out of them now


Maybe dental school is different, but you should be able to get the 5.4%
Posted by tigercross
Member since Feb 2008
4918 posts
Posted on 1/23/14 at 9:17 pm to
quote:

No its not. How do I know? Because I'm in grad school right now with student loans.

Here's a link, maybe google something before you look like an arse

LINK



You've gotta be shitting me. I had no idea the rates dropped in July 2013. Took out a $20k grad loan with first disbursement in June 2013. Not even going to bother seeing what the difference over a 10 year repayment will end up being. It would just depress me.
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