For a long time, law school seemed like a dream come true. Three more years of school, and suddenly a comm major with no job skills whatsoever can make $160K at a law firm tastefully decorated with Chinese vases. Except, as with most balance sheets, you have to keep track of the money going out as much as the money coming in. For a law school student, that can mean racking up as much as $100k or more in debt before setting foot into a job. And in this recessive economy, with big firms pushing back start dates of first year associates or buying them off to get out of offering permanent jobs altogether, being aware of law school loans is even more critical.