« on: August 06, 2008, 12:05:23 AM »
This is 100% correct!
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If I am not mistaken, the window for federal forgiveness is actually based on a certain number of payments. If you double pay, could you get done in five?
I emailed the Feds with this question, but have not received an answer as yet.
Lawyers are an asset to society, despite the widely held belief otherwise. Lawyers reduce risk, which drives the economy. No society can thrive without lawyers, though some have tried.
There's one proposed negative effect of lawyers. There are some political science papers which use # of lawyers per capita as a proxy variable for the national level of bureaucracy. The theory is that lawyers increase red tape consequently raising aggregate transaction costs. Therefore, its more costly to make business transactions in lawyer-heavy societies.
I certainly agree. However the rebate is an attempt at a jumpstart to get back on track via the retail market.
Kind of like sleeping only 3 hours and then slamming a red bull instead of getting the necessary 8 hours in the first place.
It's not going to bring enough people out of debt to revive the credit market- that will have to come back on its own after everything has been written down.
okay but people need to learn that when times get tough money's not just going to fall out of the sky. what this country needs is another depression to make it remember the virtues of thrift.
am i kidding? am i serious? who even knows anymore?Law School is a capital investment. Its called human capital.
you assume, incorrectly, that lawyers are an asset to society.