law school

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  Only 1 in 4 Law School Graduates Passed California Bar Exam Last February

  Much like the Lusitania, legal education steams full speed toward its ultimate destruction, while law school deans and professors sip California wine and contemplate their retirement portfolios. Earlier this month, the California’s State Bar announced passage rates...

  • Posted May 23, 2018
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• I Went to Law School and Can’t Afford My Loans

  Question: Dear Steve, I decided to attend law school at 40 because it was a dream I always had, when I graduated in 2009 there were no legal jobs and my loans kept garnering interest. I landed...

  • Posted May 4, 2017
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  How Can I Get Rid of My Law School Debt With Co-Signers?

  Question: Dear Steve, My story is the same as many others on here. I went to four years and undergrad and three years of law school and managed to finance the bulk of it through federal funding...

  • Posted August 9, 2016
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  I Am a Lawyer With Sallie Mae Loan Debt. Help! – Scott

  “Dear Steve, Public interest lawyer 250k in student debt 6k in credit card debt 8k in private credit loan from sallie mae I have a Sallie Mae loan through their private credit department. I used this loan...

  • Posted November 7, 2013
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  I Had to Withdraw From Law School Due to Illness. They Say I Owe Money. – Carol

  “Dear Steve, Student Loan Debt: over $100,000.00 law school debt plus masters debt but no undergrad debt. Here’s one for you. I was studying for a Masters at a law school in so. cal. withdrew due to...

  • Posted April 17, 2013
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  Recent Law School Graduate With Massive Student Loan Debt. Help! – JM

  “Dear Steve, Recent law school graduate. Legal job at $10/hr, part time. $250,000 in loans (includes 4.5 years undergrad and 3 law school without any family assistance or preparation) accruing interest. Required monthly payments at just under...

  • Posted December 28, 2012
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  Lawyers Screwed by Deceptive Hiring Rates While Hooked and Buried in Student Loan Debt

  Wouldn’t being a doctor or lawyer be nice to just rake in the dough? Well not so fast. When it comes to lawyers making a killing after law school, new data out paints a different picture. For...

  • Posted July 24, 2012
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• Law School Grads Become Hopeless Economic Slaves to Their Student Loans and Poor Opportunities

  Remember all those people that wanted to go to law school to make a ton of money, and help people as well. The way it looks now the trend in lawyers being able to find jobs is...

  • Posted June 19, 2012
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• Recent Law School Grad Struggling to Pay The Bills. – Lisa

  “Dear Steve, -Recent law school grad, haven’t passed the bar yet so not working as an attorney -Low paid job as a law clerk -Don’t make enough to cover all expenses, which include, but are not limited...

  • Posted March 6, 2012
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• I Could Not Afford Law School But Have Loans. What Now? – Ron

  “Dear Steve, Well here it goes…I went to an expensive undergrad school and took out a good amount of student loans. My parents told me it was fine and was actually a good thing to help my...

  • Posted December 12, 2011
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• I’m Going to Law School And Will Graduate With a Lot of Debt. – Anthony

  “Dear Steve, I currently have $39,000 of under-graduate Stanford federal student loans. I will be attending law school next year and will most likely with living expenses rack up $67,000 a year for three years a total...

  • Posted November 9, 2011
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• I’m in Law School But Considering Bankruptcy. – Jenni

  “Dear Mitch, I am 40 years old and work as a land development consultant. I don’t have to explain what has happened to land development in recent years. I used to make 63k/year with a 15-17k bonus...

  • Posted November 7, 2011
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• Want to Incur High Student Loans and Have Grim Job Prospects? Go to Law School.

  The New York Times published “Is Law School a Losing Game?” and raised some excellent points that I’ve certainly observed from people visiting this site. In the NYT article, lawyers that have graduated with high student loan...

  • Posted January 10, 2011
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• Alex Went to Law School, Business School and is Now Buried in Student Loans

  “Dear Steve, I went to both law school and business school. I dropped out of law school after a year and a half but borrowed a lot of money for that time since law school is quite...

  • Posted September 27, 2010
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• I Went to Law School and Now I’m Broke. – Jasper

  “Dear Steve, Well, I have two credit cards that I received in college and I was very responsible to make sure to pay them off each month. When I went to law school, I was not allowed...

  • Posted September 20, 2010
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• My Goal is to Go to Law School But I Have Bad Credit. – Ella

  “Dear Steve, My goal is to go to law school within the next two years. However, I have really bad credit. I have about 5 or 6 charged-off accounts on my credit report, and right now I’m...

  • Posted August 23, 2010
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• I’m a Lawyer With a Law Degree From a Top Law School and I Can’t Find a Job. Michael

  Michael “Dear Steve, I’m almost 30 years old, have a law degree from one of the top law schools in the country, and was laid off in December after working only a few months. In any other...

  • Posted July 6, 2010
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• Debt Settlement or Debt Negotiation, What’s the Difference? – Carrie

  “Dear Steve, Hi. My husband and I just got married in October 2009. Our financial life together has been anything but a fairytale. I graduated from law school in May but have not yet passed the bar...

  • Posted January 16, 2010
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• I’m $211,000 in Student Loan Debt to Become a Lawyer. I Don’t Want to Be an Attorney Anymore. – Jacob

  Jacob “Dear Steve, I’m a 26 year old male who is a third year law student. I have a significant amount of debt. I have 26K in personal unsecured debt, and $211K in student loan debt. The...

  • Posted July 27, 2009
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• I Cosigned for My Daughters Law Degree Loans Which She Refuses to Pay Back. – Pam

  “Dear Steve, I cosigned on private student loans for my daughter’s grad school years (these are not federal loans.) I’ve since then, been diagnosed with a brain lesion which required treatment, have subsequent seizures, spinal problems and...

  • Posted July 6, 2009
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• I’m in My Second Year of Law School and Want to Drop Out. But What About My Loans? – Brad

  “Hi Steve – I’m currently in my second year of law school and am really thinking about getting out. I’m worried about the roughly $100k in student loans I’ll have to start paying back though, not to...

  • Posted March 30, 2009
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• Alex is Buried in Student Loan Payments

  “Dear Steve, I have Federal Student loans dating back to ’94/95. My situation was unusual. I first attended MBA school and left after a semester because I also got accepted to Law School at a different university....

  • Posted December 4, 2008
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• Do You Think You Are A Failure When You Break Your Budget?

  I’m always sad when someone says to me that they feel like a failure when they break their budget. Just by it’s very nature, a budget is a self-defeating document that will most likely lead to failure....

  • Posted November 10, 2008
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