Oct 22

Income Based Repayment Helps Law Students, Not the Tuition Bubble


Matt Leichter (matt [dot] leichter [at] gmail [dot] com) (Saitama-ken 2003-05) is a renegade attorney who plays by his own rules.  He operates a think tank of one, The Law School Tuition Bubble, where he archives, chronicles, and analyzes the rising cost and declining value of legal education in the United States.  He also maintains the “Bankruptcy Legal Topics,” and, “Bankruptcy Billables,” sections for Steven Horowitz’s Bankruptcy Bill.  For further reading regarding JETs and the law, he recommends JETs with J.D.s.

Newer law students (and graduate and other professional students) can take hope: between fully financing their legal education with Direct Loans & Grad PLUS loans and electing the Income Based Repayment option, legal education isn’t a crippling investment.  Find out why it’s not a great solution, and why it certainly won’t reduce law school costs.

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