American College Students Overwhelmed by Debt

[jimrtex]

I wonder what she went to school for?

Because someone would pay her living expenses until she was 30?

[jimrtex]

I wonder what she went to school for?

Because someone would pay her living expenses until she was 30?

Sorry, my question was ambiguous.  I meant, what did she major in...

The article said that she had a law degree from Michigan State.

[jimrtex]

What do legal aid lawyers make in Michigan?  $30,000 tops?  And what exactly is a legal aid worker?  Is that a rung below legal aid lawyers?

I think that a legal aid worker must be someone who went to law school and may have a law degree, but hasn't passed the bar exam.

Her $660 monthly loan payment is 1/4 of her take home pay, let's assume a modest 25% deduction for SS, federal and Michigan income taxes, so at least $42,000 per year.

The question is how you rack up $150,000 in debt going to an in-state university and law school?

[jimrtex]

I looked this up.  Tuition at MSU is charged per credit hour - $1,031.00 per hour.

Since students need 88 credits to graduate, this comes to being roughly $15,465.00 per semester, or a little over $31,000 per year, after you add in fees etc.

Considering her tuition was probably lower, I'd say she has about $90,000 in debt from law school.

I hope that is out of state tuition?

[jimrtex]

I looked this up.  Tuition at MSU is charged per credit hour - $1,031.00 per hour.

Since students need 88 credits to graduate, this comes to being roughly $15,465.00 per semester, or a little over $31,000 per year, after you add in fees etc.

Considering her tuition was probably lower, I'd say she has about $90,000 in debt from law school.

I hope that is out of state tuition?

I don't know of any law school that offers in-state vs. out-of-state tuition.  For example, UofH doesn't and I'm 99% sure UT doesn't.

http://www.law.uh.edu/financialaid/COE%20estimate.html

18K for Texans, 24K for foreign students.