Student loan debt is up and job expectations are down according to a year-end, informal snapshot of several sources. The online ABA Journal is reporting that almost a third of all law students expect to graduate with more than $120k in loan debt. Over at Above the Law, editor Elie Mystal describes, in a column called “Debt: the Silent Killer,” the effect $150k in law school debt has had on him since he graduated from Harvard Law in 2003. Since he decided he didn’t like the practice of law after all, he calls the experience “a very expensive vacation that debt financed.” The ABA president is urging Congress to offer law students debt relief.
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