Anonymous User wrote:Soon-to-be graduate here.
Income: I'm clerking for two years at 60,000 and then 75,000. I'm either doing midlaw after my clerkships (110,000) or biglaw (presumably 185,000 + 70,000 bonus).
Other: My first clerkship is in an city where COA is pretty high, but my second on is in a city where it's pretty cheap to live. We will have our first baby around when I graduate. My spouse and I worked throughout law school to pay down the debt. I will be the only source of income.
Two questions: (1) what repayment plan should I select? (2) how actively would you pay down the debt? I imagine I could pay the debt down during my clerkships, but I could just make minimum payments until I start at a law firm and take care of it pretty quickly.
Does it matter. Your debt is too low to be an issue.