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Thinking LSAT

Don’t Bank on Loan Forgiveness, with Derek Brainard (Ep. 348)

Thinking LSAT

Nathan Fox and Ben Olson

Education

4.8868 Ratings

🗓️ 2 May 2022

⏱️ 94 minutes

🧾️ Download transcript

Summary

We’ve said it before, and we’ll say it again—don’t pay for law school. Today on the show, Ben and Nathan are joined by financial advisor Derek Brainard to help educate students on the realities of law school debt and loan forgiveness programs. But before that, the guys roast a Pearls vs. Turds submission regarding the correlation-to-causation flaw. They also tackle another Logical Reasoning question from PrepTest 73 and denounce a law school “scammership.”

As always, if you like the show and want to get more from the Thinking LSAT community, check out the links below. You can connect with other folks studying for the LSAT and get more useful resources from Nathan and Ben.

LSAT Demon

LSAT Demon iOS App

LSAT Demon Daily
Watch Episode 348 on YouTube
Thinking LSAT YouTube

LSAT Demon YouTube
Important Dates

8:27 - Pearls vs. Turds
16:15 - Test 73, Section 4, Question 11
29:34 - Law School Scammership
51:47 - Getting Ahead of Expenses

Read more on our website!

Transcript

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0:00.0

Hello and welcome to episode 348 of the Thinking Elsat Podcast.

0:11.4

I'm Ben Olson, that's Nathan Fox.

0:13.4

Together we're the co-founder of El-Sat Demon.com.

0:16.4

This episode will air on Monday, May 2nd, 2022.

0:22.0

What, why do you have this comment here about Brittany?

0:25.0

Because I just want to send our best wishes to a very valued team member Brittany.

0:31.0

Yeah, she is a very...

0:32.0

Okay. I just didn't know this is like a reminder to you personally or for the world at large but I just wanted to make sure that we shouted out to Brittany that we were thinking of her and we wish her a speedy recovery.

0:45.4

Absolutely yes. She good luck with that Brittany. The upcoming registration deadline has not been decided.

0:53.4

It's for the August 2022 L-SAT.

0:56.1

We'll let you know and we know.

0:58.8

Also, normally it's about six weeks before the test.

1:01.7

So, you know, if the test is in early August, the

1:06.4

deadline would be sometime in like late June. So it's, there's a bit of a gap here in this years L-SAT schedule.

1:16.0

Keep an eye out, you know, keep practice. You should be practicing hard for that test.

1:21.0

I mean if you're, especially if you're trying to go to law school this fall of 2023 you need to get on it and you know to try to have your applications done in September of 2022

1:31.4

ideally yeah and in a perfect world.

1:34.6

And so that August test should be of great interest to you.

1:39.1

And so, yeah, you should be working hard a little bit every day and keep an eye out for that sometime in June probably is when that registration deadline would normally be.

1:52.0

Absolutely.

1:54.0

Also coming up in May, May 21st, Saturday,

1:57.2

that's a Saturday at 10 a.m. Pacific, 1 p.m.

...

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