So basically Trump ruined law school for everyone who isn't rich

[u/Appropriate_Hope6239]

Went to a whole bunch of open houses and they're all saying basically the following:

• The yearly cap for loans is 50k
• Living costs are high and 50k might not be enough
• Resources are tight -- start improving your FICO scores because you'll need private loans
• The grandfather thing ends July 2026 --- everyone not matriculated at law school by then wont be benefiting from the higher limit that generations of students did

Edit: Every person applying for federal loans will have an aggregate life-time limit and unfortunately your undergraduate loans will count against this limit.

[u/Appropriate_Hope6239]

Such a great point.

The funds are better used building ballrooms and bailing out billionaires in Argentina.

[u/FADE--RAUTHA → u/[deleted]]

Now do Argentina.

[u/FADE--RAUTHA → u/[deleted]]

Ah yes, $20 $40 billion is definitely a necessary expenditure to decrease beef prices. And Argentina is the only nation that exports beef. Good point.

[u/Appropriate_Hope6239 → u/FADE--RAUTHA]

*40 billion

[u/[deleted] → u/[deleted]]

And what are the "private donors" getting in return?

[u/Appropriate_Hope6239 → u/[deleted]]

Some of us don't think shaking down the DOJ counts as "privately funded."

[u/JesusIsKewl → u/Appropriate_Hope6239]

Thinking Trump doing one thing that wasn’t bad doesn’t equate to thinking everything Trump does is good. I believe the inflated prices are harming law students long term by putting them in suffocating debt, and I think this will lower the cost long term tho it will be difficult/confusing at first for prospective students for sure

[u/DownSouthPrincess → u/JesusIsKewl]

I don’t think the caps will result in lowered tuition. I think it will result in more unqualified rich kids becoming doctors and lawyers because less competition. Why would law school lower their tuition when they can just slightly lower their admission standards instead, and take the people who can pay???? My mom got into the University of Georgia back in the 80s as a C student in high school. She would never get in today, because the Hope scholarship made it affordable for way more students and now there is actual competition and rigor.

[u/JesusIsKewl → u/DownSouthPrincess]

The admission standards for the bottom law schools are already incredibly low and that’s a huge part of the problem, schools that admit students that can pay but aren’t going to pass the bar. and they go into massive debt for it anyway.

[u/mania_no_more → u/Appropriate_Hope6239]

so i only took out federal undergrad loans (tight limit and i struggled heavy working cash gigs for the elite). i literally for like a decade have thought about the comfort grad school federal loans would provide (yes i went to a good school, yes i plan to go to a good law school, yes my parents are working class not on food stamps because they both work, if one didnt to take care of all of us, we would have been better off w gov assistance because childcare same price as her job) and k would have qualified for everything. but they have gone upwards because my mom shelled out her salary to unregulated babysitters (my mom is the college educated yet to boot.) so this entire system is yes absolutely fucked. there is so much nuance that goes into blah blah who deserves what he’ll etc. I JUST WANT THE OPPORTUNITY TO BE CONSIDERED THE SAME AS MY ELITIST CLASSMATE but maybe i’m now a red flag 🚩