Student Loan woes will impact law schools
I've been watching articles on problems with student loan availability, and considering how much this is going to impact law schools. Here is a small sampling of recent articles:
Massachusetts state lender has no funds for 40,000 students (Boston Globe 7/29/08)
Hotline for Massachusetts students to get help locating loans (Boston Globe 7/29/08)
Student Loan News (New York Times 7/29/08) A very nice guide, and collection of archived articles both on the troubles this academic year and recommendations, warning about scams, etc.
2 comments:
Yikes! I can't imagine what those students must be going through. I'm glad I did grad school before things got this bad. (I'm also glad I was able to dump Sallie Mae and consolidate with a solid company that provides excellent service, which was already a problem with SM two years ago.)
Yeah, I feel a little guilty about how relieved I am not to be caught in this mess. The flip side is there is a new GI bill that came through providing much better support for vets to go to school. And the bill that forgives students loans after a time of public service, defined really broadly. But all that does little to help the students and families trying to get their financing right now. good luck to them all!
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