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.