Options for Managing Law School Student Loan Debt | Legal Daze

“Graduating law students have just spent three years working very hard, and suddenly they're out on their own in very uncertain times,” says Beth Kobliner, author of “Get a Financial Life: Personal Finance in Your Twenties and Thirties. ... Once you know who's collecting your payments, ask about loan consolidation and extension. Standard terms call for student loans to be repaid in 120 equal monthly installments over 10 years. These days, there are various payment plans, ...