I need some advice. I have been accepted to a top 3 listed law school and I have received zero scholarships. I have half of the costs saved but I need to take a loan for the other half, i.e. about 42k USD.
The school does not defer admission, nor does it ever give scholarships to LLM students. This is an outstanding chance, taking in to consideration how selective this school is (only 75 students).
What would you do if you were in my shoes?
Bank loan to pay LLM
Posted Jun 16, 2015 17:44
I need some advice. I have been accepted to a top 3 listed law school and I have received zero scholarships. I have half of the costs saved but I need to take a loan for the other half, i.e. about 42k USD.
The school does not defer admission, nor does it ever give scholarships to LLM students. This is an outstanding chance, taking in to consideration how selective this school is (only 75 students).
What would you do if you were in my shoes?
The school does not defer admission, nor does it ever give scholarships to LLM students. This is an outstanding chance, taking in to consideration how selective this school is (only 75 students).
What would you do if you were in my shoes?
Posted Jun 16, 2015 18:55
Well, I guess it depend on which country are you from. Some countries give student loans to students at very low rates.
Well, I guess it depend on which country are you from. Some countries give student loans to students at very low rates.
Posted Jun 16, 2015 22:57
Posted Jun 17, 2015 02:04
I need some advice. I have been accepted to a top 3 listed law school and I have received zero scholarships. I have half of the costs saved but I need to take a loan for the other half, i.e. about 42k USD.
The school does not defer admission, nor does it ever give scholarships to LLM students. This is an outstanding chance, taking in to consideration how selective this school is (only 75 students).
What would you do if you were in my shoes?
refuse your (stanford) offer immediatelly and next year apply to harvard,yale,columbia and nyu. If you got into stanford you will be able to get into at least some of the named schools with now +1 year of experience... all have decent scholarships that cover at least a part of the tuition.
There is no law school worth going into 40k debt for it. It is a 9 month program, come on... you would spend nearly 10 000 dollar per month and for what, a few letters behind your name and a few interesting lectures? It really is not worth that... If you get a decent scholarship (30k or more) and have the rest saved and if you really want to do that, than it can make sense. but spending 90k of which you have to borrow half and that most likely to a market conditions loan whose interest rate can skyrocket makes no sense...
<blockquote>I need some advice. I have been accepted to a top 3 listed law school and I have received zero scholarships. I have half of the costs saved but I need to take a loan for the other half, i.e. about 42k USD.
The school does not defer admission, nor does it ever give scholarships to LLM students. This is an outstanding chance, taking in to consideration how selective this school is (only 75 students).
What would you do if you were in my shoes?</blockquote>
refuse your (stanford) offer immediatelly and next year apply to harvard,yale,columbia and nyu. If you got into stanford you will be able to get into at least some of the named schools with now +1 year of experience... all have decent scholarships that cover at least a part of the tuition.
There is no law school worth going into 40k debt for it. It is a 9 month program, come on... you would spend nearly 10 000 dollar per month and for what, a few letters behind your name and a few interesting lectures? It really is not worth that... If you get a decent scholarship (30k or more) and have the rest saved and if you really want to do that, than it can make sense. but spending 90k of which you have to borrow half and that most likely to a market conditions loan whose interest rate can skyrocket makes no sense...
The school does not defer admission, nor does it ever give scholarships to LLM students. This is an outstanding chance, taking in to consideration how selective this school is (only 75 students).
What would you do if you were in my shoes?</blockquote>
refuse your (stanford) offer immediatelly and next year apply to harvard,yale,columbia and nyu. If you got into stanford you will be able to get into at least some of the named schools with now +1 year of experience... all have decent scholarships that cover at least a part of the tuition.
There is no law school worth going into 40k debt for it. It is a 9 month program, come on... you would spend nearly 10 000 dollar per month and for what, a few letters behind your name and a few interesting lectures? It really is not worth that... If you get a decent scholarship (30k or more) and have the rest saved and if you really want to do that, than it can make sense. but spending 90k of which you have to borrow half and that most likely to a market conditions loan whose interest rate can skyrocket makes no sense...
Posted Jun 17, 2015 12:29
I have sent you a PM. Thanks
I have sent you a PM. Thanks
Posted Jun 17, 2015 16:00
Sofia, see your PM
Sofia, see your PM
Hot Discussions
-
Cambridge LL.M. Applicants 2022-2023
15 hours ago 287,841 888 -
NYU LL.M. Applicants 2022-2023
May 11, 2022 145,070 517 -
Stanford LL.M. 2022-2023
Apr 27, 2022 81,003 281 -
Penn Law LLM Applicants 2022-2023
May 07, 2022 37,998 236 -
KCL LLM applicants 2022/23
May 25 08:36 PM 24,844 167 -
Applications 2022-2023
May 12, 2022 12,590 78 -
NUS LLM (2022-23)
May 18, 2022 6,729 51 -
UBC LLM CL 2022-23
May 11, 2022 2,853 25