Loan Forgiveness Traps (Ep. 419)
Thinking LSAT
Nathan Fox and Ben Olson
4.8 • 868 Ratings
🗓️ 11 September 2023
⏱️ 86 minutes
🧾️ Download transcript
Summary
Loan Repayment Assistance Programs (LRAPs) are often touted as silver bullets of student loan debt relief for low-earning public interest lawyers. But as good as loan forgiveness sounds, LRAPs are riddled with caveats and conditions that may leave some students with far bigger student loan bills than expected. This week, Nathan and Ben present a list of questions that any LRAP hopeful should ask. They conclude that an upfront scholarship should always be preferred over dependence on loan forgiveness.
1:12 - Real-Life LR Flaw - The guys crack up over some car shopping advice that reads like a flawed argument from LSAT Logical Reasoning.
3:39 - LSAT Writing - Listener Dastin provides an update on the functionality of the LSAT Writing interface. You can use the cut, copy, and paste commands while writing your official submission, but not while taking notes in the “digital scratch paper.”
5:45 - New Test Dates - Additional test dates have been added to the October 2023 and November 2023 administrations of the LSAT. Sessions have been added on October 15 and 16 as well as November 8 and 9.
7:19 - August LSAT Shout-Outs - Ben and Nathan give props to LSAT Demon students who crushed the August LSAT. The guys implore listeners not to settle for a lower score than they’re capable of.
19:50 - August LSAT Disappointments - Not everybody who took the August LSAT was happy with their score. Nathan and Ben address some common reasons for underperformance on test day and share advice on how to avoid these pitfalls in the future. They also counsel patience to anyone who feels rushed to apply with a less-than-great LSAT score.
33:31 - Diminishing Returns on Retakes - How high do you have to score before retaking no longer makes sense? It depends on where you plan to apply.
36:35 - LSAT First, Apply Later - Nathan and Ben recap an admissions event that dished out some questionable advice for law school applicants.
54:57 - Loan Repayment Assistance Programs - A friend of LSAT Demon and current student at Yale Law proposes some questions to ask before committing to a top school’s Loan Repayment Assistance Program (LRAP). These programs may sound appealing, but they’re often far less helpful than you’d think.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hello and welcome to episode 319 of the Thinking Elsat |
| 0:10.4 | podcast. I'm Nathan Fox. With me is Ben Olson. We're the founders of |
| 0:14.4 | Elsat demon.com and the Elsat demon daily podcast. You can be Elsat famous share |
| 0:19.2 | news and ask questions on our website thinking Elsat.com this Thursday September 14th opportunity to take a free |
| 0:25.8 | Elsat class with me. I'm teaching at 5 p.m. Pacific 8 p.m. Eastern it's going to be a regular version of my two-hour, all levels, all topics, |
| 0:38.0 | Thursday night class. |
| 0:39.6 | It's appropriate for all students. |
| 0:41.1 | I don't care if it's your first day of L-Sat or your last day of |
| 0:44.0 | L-Sat. We do real L-Sat questions. You guys tell me what you struggle with and I |
| 0:50.4 | explain it ten different ways until I can see that you get the click. |
| 0:55.6 | That's the idea is that I just want to help you understand how easy the |
| 1:00.1 | L-Sat actually is. |
| 1:02.9 | Go to L-Sat. |
| 1:03.7 | link forward slash free if you'd like to sign up for that class. |
| 1:07.6 | Again, it's Thursday, September 14th at 5 p.m. |
| 1:12.0 | I saw this thing on I was car shopping on a forum and I live in a very dirty place and I was that I was just kind of like hey |
| 1:20.1 | you know what what colors of cars show dirt the least? |
| 1:24.5 | And I saw this, you want to read it Ben? |
| 1:26.4 | Yeah, it says, black shows dirt the most, |
| 1:30.9 | so white likely shows it the least. |
| 1:33.0 | And when you read that at the top of the agenda, you started laughing. |
| 1:37.0 | Why were you laughing? |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Nathan Fox and Ben Olson, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Nathan Fox and Ben Olson and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.