Poll: How much debt do you plan to exit law school with?

Share Your Experiences, Read About Other Experiences. Please keep posts organized by school and expected year of graduation.

How much are you going to owe?

ZERO $ in Debt
24
11%
25K
12
6%
50K
19
9%
75K
27
13%
100K
37
18%
150K
57
27%
200K
18
9%
200k+
15
7%
 
Total votes: 209

GermX
Posts: 562
Joined: Tue Feb 16, 2010 5:24 pm

Re: Poll: How much debt do you plan to exit law school with?

Postby GermX » Thu Apr 01, 2010 12:54 am

0 debt, my dad is paying. Mwahuaha

dakatz
Posts: 2460
Joined: Sat Mar 29, 2008 4:19 pm

Re: Poll: How much debt do you plan to exit law school with?

Postby dakatz » Thu Apr 01, 2010 12:58 am

I couldn't imagine the idea of my parents paying for this. I'm an adult now (23 so i guess the word adult is used very loosely), and I feel no need to continue draining them of their money at this stage in my life. I've never had to really shoulder the burden of a huge financial decision in my life up until this point. Hell, if nothing else, at least I will finally learn to appreciate the value of the dollar and the things I decide to spend it on, as my dad implored me to do since I started working at 13 or 14. Should be a long, hard lesson.

turkishangora
Posts: 213
Joined: Wed Jan 13, 2010 12:18 am

Re: Poll: How much debt do you plan to exit law school with?

Postby turkishangora » Thu Apr 01, 2010 1:11 am

dakatz wrote:I couldn't imagine the idea of my parents paying for this. I'm an adult now (23 so i guess the word adult is used very loosely), and I feel no need to continue draining them of their money at this stage in my life. I've never had to really shoulder the burden of a huge financial decision in my life up until this point. Hell, if nothing else, at least I will finally learn to appreciate the value of the dollar and the things I decide to spend it on, as my dad implored me to do since I started working at 13 or 14. Should be a long, hard lesson.


Completely agree. Although I wouldn't mind the occasional gift cards/restaurant treats :mrgreen:

r6_philly
Posts: 10707
Joined: Sat Dec 19, 2009 4:32 pm

Re: Poll: How much debt do you plan to exit law school with?

Postby r6_philly » Thu Apr 01, 2010 1:13 am

I haven't had any parental support since I was 15, although they love me very much and provide all the emotional support that I need. I think that's been more beneficial to me than paying for things.

09042014
Posts: 18282
Joined: Wed Oct 14, 2009 10:47 pm

Re: Poll: How much debt do you plan to exit law school with?

Postby 09042014 » Thu Apr 01, 2010 1:22 am

I wish I weren't such a splitter. My low GPA didn't significantly hurt my career chances, but it certainly meant more debt.

Even T2's won't give me a full ride. I don't even think more T4's would.

If I want a T1 education I'd pay a min. of 100K. Taking a T13 at 200K is an easy choice at that point.

r6_philly
Posts: 10707
Joined: Sat Dec 19, 2009 4:32 pm

Re: Poll: How much debt do you plan to exit law school with?

Postby r6_philly » Thu Apr 01, 2010 1:23 am

Desert Fox wrote:I wish I weren't such a splitter. My low GPA didn't significantly hurt my career chances, but it certainly meant more debt.

Even T2's won't give me a full ride. I don't even think more T4's would.

If I want a T1 education I'd pay a min. of 100K. Taking a T13 at 200K is an easy choice at that point.


Maybe you should have delayed graduation a year or more and take on a new easy major. It would probably have been worth it to do in your case.

User avatar
legalease9
Posts: 623
Joined: Tue Mar 23, 2010 8:41 pm

Re: Poll: How much debt do you plan to exit law school with?

Postby legalease9 » Thu Apr 01, 2010 1:24 am

digitalcntrl wrote:$0

My employer pays for all of it.


Damn, I want your job!

09042014
Posts: 18282
Joined: Wed Oct 14, 2009 10:47 pm

Re: Poll: How much debt do you plan to exit law school with?

Postby 09042014 » Thu Apr 01, 2010 1:27 am

r6_philly wrote:
Desert Fox wrote:I wish I weren't such a splitter. My low GPA didn't significantly hurt my career chances, but it certainly meant more debt.

Even T2's won't give me a full ride. I don't even think more T4's would.

If I want a T1 education I'd pay a min. of 100K. Taking a T13 at 200K is an easy choice at that point.


Maybe you should have delayed graduation a year or more and take on a new easy major. It would probably have been worth it to do in your case.


I had already graduated. Even then, I wouldn't even be able to get to 3.2. For most people that jump is actually a world of difference in outcome, but I'd still pick NU over Mich, UVa, and Penn because I want to practice in Chicago.

I'd probably get slightly more money at WUSTL, UIUC, or UMN. I'd still probably take NU at sticker.

r6_philly
Posts: 10707
Joined: Sat Dec 19, 2009 4:32 pm

Re: Poll: How much debt do you plan to exit law school with?

Postby r6_philly » Thu Apr 01, 2010 1:32 am

Desert Fox wrote:
I had already graduated. Even then, I wouldn't even be able to get to 3.2. For most people that jump is actually a world of difference in outcome, but I'd still pick NU over Mich, UVa, and Penn because I want to practice in Chicago.

I'd probably get slightly more money at WUSTL, UIUC, or UMN. I'd still probably take NU at sticker.


Ahhh, I see. Well I am sure you will do awesome at NU and make big money when you get out. If I head to Michigan maybe we will end up fighting over the same summer job one day lol

See now I am mulling over retaking the LSAT because maybe 3 points would mean half the debt load. That's 75000 reasons to retake...

But, my heart is set on schools that doesn't give out merit aid anyway :mrgreen: but then 3 points will help me in that regard tremendously too.




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