War on Universities, Lawyers & Expertise

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Some have said in various media outlets that this ts f Trump's version of Mao's very destructive Cultural Revolution
It's not a perfect analogy but it is getting scarily closer by the day.

To describe the Cultural Revolution as "very destructive" is an understatement. It was one of the most irrational entropic political systems in history -- one that gave birth to probably the single most irrational entropy ever, the Khmer Rouge.
 
If I were smart enough, I'd carve out a legal niche of helping major research universities insulate themselves from federal funding. Because if I were the president of any of those universities, I would never trust the government again. Ever.
 

Delayed Meeting at a Powerful College Panel Stirs Suspicions in Higher Ed​

Trump administration postponed a summer meeting for a panel set to vote on reapproving Columbia University’s accreditor​


🎁 —> https://www.wsj.com/us-news/educati...4?st=NUxKQC&reflink=desktopwebshare_permalink

“The Trump administration’s postponement of a summer meeting for a college-accreditation panel has set off alarm bells in an obscure but powerful corner of higher education.

The panel is an 18-member board informally known as the accreditor of college accreditors. It recommends to the U.S. Education Department which agencies should be certified to accredit colleges. Without that approval, colleges aren’t eligible for billions in federal funds.

At its next meeting, the accreditation-oversight committee, formally called the National Advisory Committee on Institutional Quality and Integrity, is scheduled to vote on whether to renew approval of the accreditor that oversees Columbia University. The Ivy League school has been battling with President Trumpover the future of its federal funding and autonomy.

On June 4, the Trump administration said the school no longer appeared to meet accreditation standards because of alleged civil-rights violations. The president doesn’t have the authority to pull accreditation from a university on his own.…”
 

Delayed Meeting at a Powerful College Panel Stirs Suspicions in Higher Ed​

Trump administration postponed a summer meeting for a panel set to vote on reapproving Columbia University’s accreditor​


🎁 —> https://www.wsj.com/us-news/educati...4?st=NUxKQC&reflink=desktopwebshare_permalink

“The Trump administration’s postponement of a summer meeting for a college-accreditation panel has set off alarm bells in an obscure but powerful corner of higher education.

The panel is an 18-member board informally known as the accreditor of college accreditors. It recommends to the U.S. Education Department which agencies should be certified to accredit colleges. Without that approval, colleges aren’t eligible for billions in federal funds.

At its next meeting, the accreditation-oversight committee, formally called the National Advisory Committee on Institutional Quality and Integrity, is scheduled to vote on whether to renew approval of the accreditor that oversees Columbia University. The Ivy League school has been battling with President Trumpover the future of its federal funding and autonomy.

On June 4, the Trump administration said the school no longer appeared to meet accreditation standards because of alleged civil-rights violations. The president doesn’t have the authority to pull accreditation from a university on his own.…”
“… Before October, the terms of six members of the panel will expire. Groups of six new members are appointed in staggered terms by the House, Senate and secretary of the Education Department.

It is unclear how a new lineup on the panel would affect Columbia or its accreditor. Several board members said that the current group would likely approve Columbia’s accreditor, but that that could change if a new partisan slate were appointed. Four of the six members whose terms expire were appointed or reappointed during the first Trump administration, but most haven’t been inclined to pursue an agenda against an accreditor, several members said.

… The Higher Education Act requires the panel to meet twice a year and summer meetings are customary, Newhouse said. But the timing isn’t a statutory requirement and has varied over the years.

“In balancing the administration’s priorities and resources, we decided to schedule the meeting for October,” Newhouse said….”
 
Elaboration needed.
Previously grad students could take two different loans. Direct Unsubsidized loans are capped at $20.5K annually with a $138.5K max. Grad Plus loans were capped at cost of attendance but are higher cost loans.

The BBB will phase out grad plus loans and institute a lifetime federal loan cap of $257K for undergrad, grad, and professional school combined.
Non-professional degree loans will be capped at $100K lifetime.
Professional school loans will be capped at $50K annually and $200K lifetime.

The Parent Plus loans are also being limited to $20K/yr and $65K lifetime per student. PP loans are not good loans for a number of reasons. I’ve recommended parents consider a HELOC if they have the option as a way of meeting needs beyond Direct Loans. But these caps are silly.

The combined effect of all of these changes is going make grad school untenable or extremely expensive for a substantial percentage of students. Thank god they didn’t change undergrad limits which are already very modest.
 

no big deal just apply to Regent Law school :)

Regent was founded by the great Pat Robertson

almost 50% of applicants are accepted

Tuition and fees are only 43k

Ranked tied for 94th out of 195 best law schools by USNWR

GOPer administrations love and hire Regent law graduates by the dozens

Located in beautiful Virginia Beach, VA





Conservative Catholic Law School Ave- Maria is another option:)

It's a smidge over 50k in tuition and fees

Ranked #153 out of 195 best law schools

Easier to be accepted with a 53% acceptance rate

Located in even more beautiful Naples, Fla






but conservative Liberty Law School is maybe the best deal;)

Tuition and fees 44k

Acceptance rate 59%

Ranked tied at #141 out of 195 best law schools

only downside is it is not located on the beach







 
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Previously grad students could take two different loans. Direct Unsubsidized loans are capped at $20.5K annually with a $138.5K max. Grad Plus loans were capped at cost of attendance but are higher cost loans.

The BBB will phase out grad plus loans and institute a lifetime federal loan cap of $257K for undergrad, grad, and professional school combined.
Non-professional degree loans will be capped at $100K lifetime.
Professional school loans will be capped at $50K annually and $200K lifetime.

The Parent Plus loans are also being limited to $20K/yr and $65K lifetime per student. PP loans are not good loans for a number of reasons. I’ve recommended parents consider a HELOC if they have the option as a way of meeting needs beyond Direct Loans. But these caps are silly.

The combined effect of all of these changes is going make grad school untenable or extremely expensive for a substantial percentage of students. Thank god they didn’t change undergrad limits which are already very modest.
So private loans are not capped, correct? This is just federal subsidized loans?
 
So private loans are not capped, correct? This is just federal subsidized loans?
Unsubsidized federal loans. IIRC, there are essentially no subsidized graduate loans. I think some students may be eligible for modest subsidized loans, but only under very specific circumstances.
Private education loans are not capped, but are very undesirable as loans go. For borrowers with even good credit, rates can be ~15% or more.
 
Unsubsidized federal loans. IIRC, there are essentially no subsidized graduate loans. I think some students may be eligible for modest subsidized loans, but only under very specific circumstances.
Private education loans are not capped, but are very undesirable as loans go. For borrowers with even good credit, rates can be ~15% or more.
Aren’t these loans that you don’t need to payback while in school?
 
Aren’t these loans that you don’t need to payback while in school?
Yes, but that’s not what subsidized means wrt student loans. The interest accrues while you’re in school. The government pays interest for subsidized loans.
 
Yes, but that’s not what subsidized means wrt student loans. The interest accrues while you’re in school. The government pays interest for subsidized loans.
Gotcha.

So law students are going to have to turn to private loans to fund school, which will limit the number of poor kids and will require law schools to grant more aid and/or slow tuition increases going forward.
 
Gotcha.

So law students are going to have to turn to private loans to fund school, which will limit the number of poor kids and will require law schools to grant more aid and/or slow tuition increases going forward.
I suspect a lot of law schools will close. Which wouldn't be a bad thing, really. We've gotten a first hand look at the quality of a Mercer law education.
 
Gotcha.

So law students are going to have to turn to private loans to fund school, which will limit the number of poor kids and will require law schools to grant more aid and/or slow tuition increases going forward.
What’s the typical law school tuition, $50k/yr? Add another $25k for living expenses so yeah, $75k for private loans at 15% on top of $150k in federal loans. Medical school will be even worse.
 
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