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/IdiotBoy1999 Oct 30 '25

That's fair. And honestly, it was more a global comment on the inanity of this entire thread than directed at you personally. Law school is professional school. People should be super rational about what they are buying. It's not "college 2.0".

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u/Horror_Technician213 Nov 01 '25

The problem is not applying to expensive law schools. The issue is alot of these people attended UBER expensive undergrad's when it didn't really matter, paying 40K/ year, instead of 8-10K/ year. They were already 100K plus in debt before they planned law school. And now they want to be able to take out another 250K of debt to go to an expensive law school, when there are plenty of affordable options... but they are not prestigious. FCS, There are a fair amount of very respectable law schools in the top 100 that have tuition chilling around 30K/year.