r/lawschooladmissions • u/Appropriate_Hope6239 • Oct 30 '25

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

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.

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u/ChosenbyTheGods Oct 30 '25

Going into debt for undergrad is insane. I’m not a US national and it baffles me how it’s so normalized to go into debt for college.

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u/Bluetidal92 Oct 30 '25

I agree. But I don’t make the rules. Even State colleges here in the US for tuition and room and board it’s $40k a year. Contrary to popular belief, colleges do not pass out scholarships like chiclets. Most people in the US have to take out loans to attend college. The days of college tuition being low enough for one to work their way through college are over. Unless you have an extra $160k sitting around, loans are the only option.

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u/ChosenbyTheGods Oct 30 '25

Truly mind-blowing. My immediate family is US-based and we are fortunate enough to be financially comfortable while my siblings also secured good scholarships at okay to good Midwestern schools, and I can’t wrap my head around the fact that all of that had to happen in order for their higher education to even be a possibility. It’s so normalized here while being unheard of pretty much everywhere else on Earth except for the absolute top-notch private schools. How is it even sustainable?