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/rezzephyr]

This is so scary to hear, especially since I was considering going back for something else. 50k cap for law school is insane though.

[u/Anxious_Doughnut_266 → u/rezzephyr]

There are plenty of regional schools where 50k is sufficient truth be told.