Nicolas, COO at Juno, illustrates the challenges of student debt and advocates leveraging collective bargaining to lower private loan costs for students. Juno, initially focused on MBA programs, has expanded to assist law students by negotiating discounts on loans. The article presents steps for law students to minimize debt burden, emphasizing seeking grants, scholarships, and utilizing Loan-Repayment Assistance Programs (LRAP). Budgeting accurately, keeping an emergency fund, and making informed financial decisions are crucial for a manageable law school experience.
Our collective buying power allows us to negotiate better private loan rates and terms that individual borrowers cannot achieve alone.
Merit awards and need-based grants often arrive with your admission letter and can significantly reduce the financial burden of law school.
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