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re: How much student debt do you have currently?
Posted on 11/13/15 at 8:13 am to GaryMyMan
Posted on 11/13/15 at 8:13 am to GaryMyMan
quote:
Where people really get "into trouble" is living like a pauper for the very important 10 years right after school just to pay back their loans in an expedited way. Screw that. I'd rather just pay them back on schedule and live well.
We have a family friend whose son was in the mid 200s. Undergraduate degree at the University of Illinois, law school at Case Western Reserve, LLM at NYU.
He got a gig at Skadden, Arps and lived with his parents for close to three years. He said it wasn't that bad. He was pulling in so many long hours at the firm that he was hardly home. He paid that shite off though in the time that he lived with his folks. I admire his resolve to rid the debt, but I would have done things differently. I believe starting pay is around $160,000. Pay half the wage earings to the loans and another to a home/mortgage.
This post was edited on 11/13/15 at 8:17 am
1
Posted on 11/13/15 at 8:51 am to Forkbeard3777
quote:
He got a gig at Skadden, Arps and lived with his parents for close to three years.
Man. That's a tough one. Amazing job that'll be the foundation of your resume for the rest of your career BUT you basically prolong adolescence until you're damn near 30. I can't imagine trying to date while living like that. Not that I would be offered that job in 1000 years but I'd have to think long and hard about accepting, given those circumstances. Hell, if I work after 6pm I start to get seriously grumpy.
This post was edited on 11/13/15 at 8:54 am
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