“In the matter under discussion, the law grad plans to pay the minimum required amount for 25 years as permitted by student loan repayment rules.”
The grad is 59 years old and disabled. She may well be deceased 25 years from now. The fact that it’s even possible to amass this kind of debt for a JD degree from Capital University Law School demonstrates that something is seriously amiss when it comes to law school and student loans. In my opinion, there needs to be a firm cap on loan amounts, like there is for undergrad. As it stands now, schools like Capital get their money up front, and somebody else is left holding the bag.