...to your credit rating! So, now with the internship over and a little free time for three weeks, I thought I would accomplish something important like getting financial aid squared away for this last year of school. This inflation stuff is amazing, tuition has gone up almost $5K in the short time I've gone to school here. I'm not sure, but I think that is inversely proportional to Cardozo's ranking as a law school. I'm not sure though, that seems to involve math, and seeing as how I'm in law school you can probably guess how good I am at math. One of the funniest things about law school and math is going out to eat and trying to figure out who owes how much and what kind of tip we should leave. Someone always walks away from the table with more money than they put in, but alas, I digress.
The real reason for the post today was to comment on the fact that student loans can have an adverse affect on your credit rating. I guess something about having really high balances and no income is not very impressive to the credit companies. The good thing is that you just have to tell them you're in law school, and they're like, oh, alright, you're cool. Seriously. Anyway, I was trying to figure out what loans to take out and it turns out that the PLUS loan was the best because my credit rating had gotten worse and so a private loan wasn't as good for me. I did do the obligatory credit report run after to make sure everything is in order. It was. If you weren't aware (this is something I had re-emphasized to me this summer), you can get free credit reports from each of the three bureaus by going to www.annualcreditreport.com It is good to check all three reports because sometimes they will have discrepancies and that is what you want look for to make sure you aren't the victim of identify theft or something of the like.
Another thought about getting my finances lined up is that I'm in a lot of debt. Yeah, this wasn't cheap. I kinda have to pretend like I don't see the total or that it is just play money or something so I don't start to hyperventilate and freak out about a mortgage sized student loan debt! The good thing is that getting a law degree significantly increases your earning power and so hopefully I won't be in over my head.
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2 comments:
Hi Casey, it was good meeting you too. We had a great time that night and the remainder of our stay in NY. Arrived back home this morning and I went into work. My eyes are out on stalks now and I must go to bed. I took a few good photos but some are quite blurred. I shall be posting a few each day this week. All the best. Mark
Hey Casey...it was good meeting you this week. Things got a little crazy, huh? It was all very exciting, and now I'm just sad it's over. Are you on myspace?
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