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re: Refinance Student Loans

Posted on 1/25/13 at 1:15 pm to
Posted by Teddy Ruxpin
Member since Oct 2006
39747 posts
Posted on 1/25/13 at 1:15 pm to
quote:

Why would anyone take out over 150k in loans? That is just insane.



Its called a Top 50 law school and the illusion of grandeur.

Not to mention the market tanked as we were enrolling. It was somewhat justifiable when firm jobs were being handed out before you even started your 3L year.

The result, as of now, is a job that pays me 40K and rising more than what I would have made with my undergrad degree. However, there were 3 years I wasn't working of lost income. Tempered by loan repayments of course.
This post was edited on 1/25/13 at 1:17 pm
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 1/25/13 at 11:13 pm to
quote:

Its called a Top 50 law school and the illusion of grandeur.

Not to mention the market tanked as we were enrolling. It was somewhat justifiable when firm jobs were being handed out before you even started your 3L year.

The result, as of now, is a job that pays me 40K and rising more than what I would have made with my undergrad degree. However, there were 3 years I wasn't working of lost income. Tempered by loan repayments of course.


No disrespect intended, but this illustrates why students have to pay 6.5% while the feds borrow for far less.
This post was edited on 1/25/13 at 11:13 pm
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