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    Re: Raising Funds for Online Law School

    Posted by Pay for DL Online Law School - No Student Loans!!! on 5/04/08

    Here's some practical advice, learn from my experience.

    Take small personal loans from friends or family and pay the
    loan balance off quickly. Take a part-time job maybe in a
    small law office to pay for online law school. Plus you will
    be doing a kind of aprenticeship and learning on the job.

    For heavens sake do not take out a Career or Vocational
    student loan. The interest on these types of loans is very
    high and the amount you'll pay back is astronomical. It's
    almost as expensive as the regular law school loan.

    Remember just cause you can finance the high tuition
    (exp.$7400.00 to $9100.00) does not mean you can afford it.
    If you have to take out a fairly substancial student loan
    for 4 years of DL law school, you probably can't afford that
    online law school. It will lead you to credit trouble.

    Just think about it, taking out high interest career or
    vocational student loans and geting into debt will place
    stresses on you that you don't need. It may lead to your
    financial ruin, be prudent in the use of student loans. Your
    good name and credit is extremely important. Don't fall into
    the student loans trap.

    The idea behind correspondance law schools is that tuition
    is cheap enough that you should be able to pay for it while
    you go to school. This way you avoid the student loans trap
    of the traditional brick & mortar law schools. Don't morgage
    your future, they might foreclose on you.

    Avoid the extremely high priced online law schools, remember
    99% of the extremes in life are generally bad choices. Go
    for a DL school in the mid price range, though some budget
    DL law schools may suit your needs and your pocket book.

    Avoid DL law schools that have websites that are marketing
    miracles geared toward drawing or sucking in students. These
    schools generally are there to serve themselves not their
    students.

    Personally I think the smaller to moderate size online law
    schools value their students most.

    How do I know so much about this subject you ask? Well I
    fell into that trap. So learn from my experience, don't make
    the same mistakes I did.

    On 5/03/08, New Law Student wrote:
    > Hi,
    >
    > I am interested in enrolling in an online law school.
    > Anyone have any good money making ideas to raise some
    > funds to cover the cost?
    >
    > Thanks!

    Posts on this thread, including this one
  • Raising Funds for Online Law School, 5/03/08, by New Law Student.
  • Re: Raising Funds for Online Law School, 5/04/08, by Pay for DL Online Law School - No Student Loans!!!.
  • Re: Raising Funds for Online Law School, 5/05/08, by ALU School of Law - Applying for DETC membership.


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