Post # 1
I have a bachelors Degree in Environmental Policy. My goal in choosing this path was to eventually get my law degree, and save the world! Haha, anyway, I have a full time job right now, and absolutely cannot afford to go back to school, especially law school, until my SO/Future Fiance makes some more $$ (hopefully soon, he just finished his masters!), so that I don’t have to work for those two years. I have been looking into the Loan Repayment Assistance Program at two State law schools by me.
I understand the financial commitment of law school, I realize that I’ll be taking out $100,000+ student loans, in addition to the approximately $50-60k I have now. Which is why I’m looking into the LRAP Program. Do any bees here have any experience/know anyone who has participated in this program? Any advice? It almost sounds too good to be true, so I’m afraid of going into it thinking everything is peachy, and then graduating and being stuck with $1000 a month loan payments. 🙁 This seems like my only option, otherwise this might have to be an abandoned dream of mine..
Any help would be appreciated!
Post # 3
I’m not an attorney, but my Fiance and most of his friends are. You have to look carefully into the program, because they are very job specific. A lot of people assume any government attorney position would satisyf the public interest criteria, but (1) it doesn’t apply to everyone, and (2) jobs that do qualify are really, really hard to get.
I don’t want to discourage you from your dream, but it’s really hard to bank on a repayment program that’s based on your post-law school employment.
Post # 4
I would look into this as well. If you work in the public service (basically, any type of government entity or any other organization with 501c3 status), you make payments based on your income and the balance of your federal loans is forgiven after that. Important things to remember: if you’re married, you have to file separately, or else they consider your joint income when figuring the payment amounts.
Post # 5
It also depends on the school. Some schools are more relaxed in their definition of public interest. Either way, now is a TERRIBLE time to find ANY kind of legal employment. That Public Interest Job you crave and thought no one would want because of the lousy pay, 100 out-of-work lawyers are applying for that job.
I would hold off, law school will still be there in 3-4 years. Also, I would take LSAT courses and get as much financial aid as possible.
Best of Luck!