National Jurist - March 2009 - (Page 37) Financial Aid Law school debt management is more important than ever today. Find out how to begin to take charge of your finances. BY URSULA FURI-PERRY, ESQ. Richard Matasar is deeply concerned about the staggering load of debt that law students face. “It’s like the perfect storm,” said Matasar, dean of the New York Law School who also serves on the board of directors of Access Group. A high level of debt, a high cost of capital when students borrow and a soft job market create that storm. As with any other big purchase, the high cost of financing a law school education during a less-than-stellar economy may make some students think twice about going to law school. “Everyone is more concerned about whether they can afford a particular purchase, and a law school education is [expensive],” said Heather Jarvis, senior program manager for Law School Advocacy and Outreach at Equal Justice Works. The National Jurist explores ways in which you can minimize your debt load, financing and loan repayment options and how to budget and manage your finances efficiently. March 2009 THE NATIONAL JURIST 37
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