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Law Students

: Nuts & Boalts

Does LRAP Need More Funding?

By tj

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More than 40 Boalt Hall Student Groups have signed on to a letter encouraging the Dean to "take substantive and expeditious action in improving LRAP to keep pace with the rapidly increasing tuition."

I have copied the letter into the comments (rather than post here) due to its length.

Initial reactions:


1) If the school's going to represent to its public interest students that loans will not be a future problem, they should honor this promise.

2) I'm not in-the-know, but how does this dove tail with the Federal Government's new loan forgiveness program?

and 


3) Those who work at firms this summer lose their grants starting next year. 

To many, that's a $9,000 hit each year it would apply.  Yes, I know that $9,000 is less than the $30,000 they make while working for a firm.  

I assume this money is being re-distributed to those who work for public interest. Given that there are far more students who work for firms their 2L summers, that's a lot of extra money being dumped on a relatively small portion of the student body, thus reducing their debt burden before they even graduate. 

Again, I'm not in-the-know, but is there a problem here in the first place?

Note: These comments apply to the suggestion of raising the tuition limit of $90,000 - not on the proposal to expand to additional people who are currently not covered by LRAP (other than maybe to ask about how much the federal government plan would apply to these people as I stated above).

Full post as published by Nuts & Boalts on March 07, 2008 (boomark / email).

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