Hi,
I was admitted to NYU Law early decision. Perhaps unsurprisingly, I did not receive any institutional aid. I am now confronted with taking out 300k and am admittedly more nervous about this than I thought I would be.
On the bright side, I do not have any undergrad debt but I also have very limited savings (20k in bank and 20k in 401-k). My biggest fear is failing to excel in law school and struggling to make debt payments after graduating. From what I have read, 300k would be between 3-4k a month in loan payments. Even with biglaw pay, I think I would lose all my money to debt/rent (in NYC). I just need a listening ear and some advice from those who may have been in a similar situation.
Thanks for the help.