@LynnInMN wrote:
Contracts is a standard first year course......must have slept thru it. (But then again, so did I....8am on a friday morning was not a good time to schedule contract law!)
Actually, Ks teaching nothing substantive about real world contract law. But I digress.
OP, I also dropped out of law school for various reasons. I went to a good tier 1 law school which costs in excess of $30K/year. After my first semester, I found myself ranking just barely above median. At that point, I decided to leave law school, since finding a job that will pay for $100K in law school debt is nearly impossible if one is not ranked in the top 1/3 (or so) of the class. My decision was based solely on a cost-benefit analysis. Spending the next 10-30 years in severe debt just didn't justify the education. Perhaps in a couple of years, I'll give it a shot at a much cheaper school.
Anyway, I currently pay on one semester's worth of loans, although they should be paid off by the end of this year, give or take a month. There is no loan forgiveness program for those who drop out of school. They have to be repaid just as if you graduated.
I wish you luck in the future, as it takes a brave person to change course in midstream to do something you like.
(As a side note, many laypeople out there don't realize just how little money there is in the law. Upon graduating law school, the average salary is around 40-50K/year with roughly $90K in law school debt. Contrary to popular belief, only a very small percent of law school grads are able to get those coveted "corporate law" jobs which pay $165K/year starting. If you are considering law school and cannot get into a top 10 law school, you are better off not going unless you get a substantial scholarship.)
Message Edited by Wesley23 on
08-24-2008 07:41 PM
