While the economic upheaval shouldn't dry up the type of government-backed loans on which many law students rely to finance their educations, there is cause for concern. Many law school graduates rely on private loans to pay their living costs while they study for the bar exam. But because banks are doling out less money to lenders, private loans are getting harder to come by, says New York Law School Dean Richard Matasar, who is also chairman of the board of directors of education lender Access Group.
Wall Street Stress for Law Grads
The National Law Journal
October 8, 2008