Any good strategies to dodge loans with BigLaw job? Forum
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Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.
Failure to follow these rules will get you outed, warned, or banned.
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Anonymous User
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- Joined: Tue Aug 11, 2009 9:32 am
Any good strategies to dodge loans with BigLaw job?
I figure there's gotta be some clever way to do this. But I don't know enough about loan repayment programs. Does anyone wanna give me some hot tips and/or scams?
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lymenheimer
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Re: Any good strategies to dodge loans with BigLaw job?
Are you a recent grad and have you read through this? http://top-law-schools.com/forums/viewt ... 3&t=220025 Johann's plan sounds viable for the first (2?) years.
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Anonymous User
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Re: Any good strategies to dodge loans with BigLaw job?
I'll give that a read. Thanks!
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lymenheimer
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Re: Any good strategies to dodge loans with BigLaw job?
It's a really long thread. The short of the Johann plan (I think it was Johann) was apply for PAYE using 2L summer income. Work stub year paying super low loan rates. Re-register your PAYE using post 3L/stub-year income to keep low payments. Save a bunch of your first full year income, then refi.Anonymous User wrote:I'll give that a read. Thanks!
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Anonymous User
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Re: Any good strategies to dodge loans with BigLaw job?
Yeah, I'll just search through the thread for more deets later. That sounds like a pretty solid plan though.
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Anonymous User
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Re: Any good strategies to dodge loans with BigLaw job?
Well shit. Is johanns plan possible after graduation before biglaw?lymenheimer wrote:It's a really long thread. The short of the Johann plan (I think it was Johann) was apply for PAYE using 2L summer income. Work stub year paying super low loan rates. Re-register your PAYE using post 3L/stub-year income to keep low payments. Save a bunch of your first full year income, then refi.Anonymous User wrote:I'll give that a read. Thanks!
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Tiago Splitter
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Re: Any good strategies to dodge loans with BigLaw job?
Yes, if you graduate in 2016 you use your 2015 (summer) tax return for year one and then your 2016 (stub) tax return for year two.Anonymous User wrote:Well shit. Is johanns plan possible after graduation before biglaw?lymenheimer wrote:It's a really long thread. The short of the Johann plan (I think it was Johann) was apply for PAYE using 2L summer income. Work stub year paying super low loan rates. Re-register your PAYE using post 3L/stub-year income to keep low payments. Save a bunch of your first full year income, then refi.Anonymous User wrote:I'll give that a read. Thanks!
Beyond that max out your 401k and be careful about getting married.
