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Author Topic: Student loan default rates  (Read 394 times)

JoJo 2006

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Student loan default rates
« on: May 20, 2006, 04:00:51 PM »
I graduated just yesterday from a bottom feeding T4.  To my dismay, I found out our school (Roger Williams) has the highest default rate amongst all law schools.
Should I get an LLM at another crappy T4 so I can defer these loans?

shaz

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Re: Student loan default rates
« Reply #1 on: May 20, 2006, 05:50:11 PM »
if you don't want to default on your loans, then get a job.  you just graduated, right?  why not study for the bar exam?  first things first, you know?  i bet most people default because they don't pass the bar, not because they went to a tier4.  have a little pride in your school and a little more confidence in yourself.
losin' sleep, gainin' knowledge.

sdlaw

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Re: Student loan default rates
« Reply #2 on: May 20, 2006, 09:03:35 PM »
I would agree, also remember that gov't backed loans now have to be paid back no matter what, so even claiming bankrupcy will not erase them.  Also you can get bar exam loans which will most likely have a lower interest rate than your credit card.