This is a clusterfuck of bad reasoning, invalid assumptions and really questionable anecdotes, but I'm pretty sure you made our point better than we ever could have.JohannDeMann wrote:Except the alternative is not 10% biglaw 90% fail. I came out of T3. I see what the alternatives are. Nobody I know not one person out of 100ish are struggling. It's not rainbows for all of them either but several are in govt making $100 monthly payments before that 10 year forgiveness. Others are working for $50k a year again with $100 monthly payments and 30 days of vacation a year. Others are working hard making 6 figures. Others have started their own firms that are becoming relatively stable in the low six figs. Others have already started a practice and sold it and lateraled into biglaw. The options are endless. This is from a T3. I am in almost $300k of debt with undergrad loans. Since 2009 I have paid $800 on my loans all tax deductible. 1/10 of the way into complete loan forgiveness. Not being a flame at all. You guys are talking from positions you know nothing about because you didn't go this route. Just because it is nondischargeable in theory doesn't mean you have to pay it all. You don't even have to default on your loans because you can just call the loan providers and ask for a month or 3 off. But even if that isn't an option, defaulting on debt is not that bad. So you aren't buying a house. Cool you weren't doing on that on starbucks money anyways.
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