Mce252 wrote: alexb240 wrote:
Humbert Humbert wrote:Do you have significant student loan debt? If so, how much does it affect your QoL?
I have around $85,000. It doesn't affect me in any material way. It's kind of like taxes that are taken out of our paycheck -- I never think about it. Obviously, I'd feel differently if I were to find myself suddenly unemployed...
How does it feel to think that if you went to a Texas firm you would be paying at least half of your current COL, with no state income taxes? During your first year, did it really feel like you had that much disposable income?
Hah. I mean, yeah, people joke about that and there's definitely truth to it. I wouldn't have wanted to go to Texas because I have no connection there and my SO is here, but I understand the appeal. I will say this, which you may not fully appreciate until you start working: if you want to do top-notch, cream of the crop work in anything
that relates to finance -- be it securities litigation, M&A, whatever -- there's no sense going anywhere besides NY. And the name of a NY firm will carry you if you ever decide to relocate. I can't say for sure, but I doubt, that the same is true of even the top TX firms. But yeah, if all else were truly equal, more money is more better.
As to your second q, I've never felt limited in what I can do/afford in my personal life. Granted I'm not the type of guy going out for bottle service every weekend... but, I make more than enough money to be plenty happy.