Mar 30, 2006
LawSchoolLoans News Wire
Thursday, 30th March
Life Outside the Law Firm: Non-Legal Jobs for Law School Grads

By Amy E. Wong
If you are encountering difficulties landing a position in a law firm or legal department, a non-legal job may provide a great alternative.

Because a legal education prepares law school graduates to deal with issues using creative, critical, and analytical means, a J.D.'s qualifications are usually broad enough to be useful in many career fields outside a law firm.

A legal education gives graduates many transferable and desirable skills. In addition to knowing how to interpret legal terminology, J.D.s develop great analytical and persuasive abilities that prove useful in many non-legal industries.

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Federal Student Loan Reconsolidation
If you consolidated your student loans a few years ago and think you are stuck with the high interest rate you received, Law School Loans may be able to provide you with some relief. You may be eligible to receive a 1.25% interest rate reduction off your fixed consolidated interest rate. This interest rate reduction could potentially save you thousands and thousands of dollars over the life of your loan.

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Financial Advice from The Motley Fool
Sonny, Can You Spare Some Change?
The Motley Fool
By Dayana Yochim

College kids, stranded travelers, and Sex and the City stars aren't the only people who consider a credit card their lifeline. The silver-haired set is relying on plastic more than ever before.

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Federal Student Loans vs. Private Student Loans
These days, there are very few students who can afford to pay for college without some form of education financing. Two-thirds of undergraduate students have some debt, and 88% of law students need to borrow to finance their education. Law school students may graduate with an average of $80,000 in student loans. Typically, law school students have acquired both federal and private debt, but what are the differences between these types of loans? And is one better than the other? Read on for an explanation of both categories of student loans.

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Federal Student Loan Consolidation
Now is the perfect time to consolidate your federal student loans with Law School Loans. Whether you are still in-school, or have graduated, we know better than anyone else how to help law students and attorneys take advantage of a free government program that has no fees, no prepayment penalties, and requires no credit check. It will allow you to

Get a fixed interest rate as low as 3.5% for the life of your loans
Combine your loans into one easy payment
Reduce monthly payments by up to 60%

You will also be able to save thousands of dollars more through our Platinum Counsel and Platinum Counsel Select benefits. These benefits will help you reduce your already low fixed interest rate by an additional 1.25%. The application process is easy and takes only a few short minutes.

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DEPARTMENT OF EDUCATION TAKING AWAY RECONSOLIDATION AND CONSOLIDATION RIGHTS!!!

On Friday March 17, the Department of Education announced that it will be abolishing the reconsolidation program and prohibiting hundreds of thousands of other law students and attorneys from consolidating their law school loans, EFFECTIVE NEXT WEEK! You must act immediately to avoid spending thousands of dollars on unnecessary interest payments over the course of your loan repayment. This change takes effect next week and you cannot afford to delay!
Consolidating Debt
Become Debt Free in Five    Years
The Benefits of Federal Loan    Consolidation
Planning for Successful    Repayment
LSL—Applications Without    Aggravation
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