Our Opinion: Will payday loan law help MacArthur?

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Random Feed wrote an interesting post today onHere’s a quick excerptWAS IT IRONY or just coincidence that Springfield’s new payday loan ordinance passed.

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How can you avoid having a loan for law school?

Recently graduated law school at Arizona State University. My husband (also recent graduate) had a scholarship there where the first year they gave full tuition, the second part and the third less. It was a damn scam! He ended up having to take a ton of loans. I also have loans. The reality is that 1) you can't work your 1st year at most law schools, 2) they are expensive (and we went to a cheaper one – think of the price of a private one) 3) they are a necessary evil to get the $ and the law degree, and 4) scholarships are FEW AND FAR BETWEEN and most of them are set up the way my husband's was. Suck it up and do the loans! Sorry – I wish there was another way. But we only pay about $300/mo, not bad when your salary is over 100K.

Rednulgi
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3 Comments

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    I’ve got this bookmarked for a better reading later, but just now I’m too busy with school and rehearsals to really focus on what you’re saying. I’m intrigued, but I need to think about loan modification new york a lot more.

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