I'll pay off my 240k loan balance in 4 years by living cheap Forum

[rad lulz]

Pause...How in the Hell does someone owe 240K? Do people really take out this much for law school?!

Yes. Sticker at some schools is almost $300k

[09042014]

Pause...How in the Hell does someone owe 240K? Do people really take out this much for law school?!

Sticker is nearly 300k now.

[09042014]

DF at a 2L:

I'll just seamless like every single day and keep the leftovers for lunch! I won't have ANY food expenses!

DF at 7 months in:

Doesn't get seamless. Has expensed dinner thrice. Orders grubhub from office and tries to beat the delivery guy to my house, all on my own credit card no expensing.

Pays 10 dollars for a gay mexican to make me a bad salad for lunch.

[dsamuels]

Yes. Sticker at some schools is almost $300k

Sticker is nearly 300k now.

Thats ridiculous. I can not believe any person in their right mind, especially a potential lawyer would ever pay that much.


edit: (actually yes I can. People are stupid aren't they)

[sparty99]

lol no you won't. Sure you can living on under 40k a year in the big cities, but you won't. Almost nobody does. It's awful having to work long hours and then living worse than your secretary and paralegal.

The first 17k you pay is just to keep your balance steady from interest.

Can't believe you are consistently making stupid ass threads. Damn.

[Orlandipo]

The best thing about all these threads is that they're predicated on the generous assumption that you're getting the best case financial scenario. Lord have mercy on the 50-70% of you who graduate with 200k and start @<65k salary, you'll be living about the same lifestyle you were in LS or slightly worse for another half-decade.

[09042014]

lol no you won't. Sure you can living on under 40k a year in the big cities, but you won't. Almost nobody does. It's awful having to work long hours and then living worse than your secretary and paralegal.

The first 17k you pay is just to keep your balance steady from interest.

Can't believe you are consistently making stupid ass threads. Damn.

YOu are just salty you don't have a job.

[09042014]

The best thing about all these threads is that they're predicated on the generous assumption that you're getting the best case financial scenario. Lord have mercy on the 50-70% of you who graduate with 200k and start @<65k salary, you'll be living about the same lifestyle you were in LS or slightly worse for another half-decade.

Half a decade, you mean lifetime.

[sparty99]

lol no you won't. Sure you can living on under 40k a year in the big cities, but you won't. Almost nobody does. It's awful having to work long hours and then living worse than your secretary and paralegal.

The first 17k you pay is just to keep your balance steady from interest.

Can't believe you are consistently making stupid ass threads. Damn.

YOu are just salty you don't have a job.

Nope. Wrong. Try again. I have a job.

[Orlandipo]

The best thing about all these threads is that they're predicated on the generous assumption that you're getting the best case financial scenario. Lord have mercy on the 50-70% of you who graduate with 200k and start @<65k salary, you'll be living about the same lifestyle you were in LS or slightly worse for another half-decade.

Half a decade, you mean lifetime.

Guessing the suicide rate for non-BL 200K+ grads makes that synonymous.

[09042014]

lol no you won't. Sure you can living on under 40k a year in the big cities, but you won't. Almost nobody does. It's awful having to work long hours and then living worse than your secretary and paralegal.

The first 17k you pay is just to keep your balance steady from interest.

Can't believe you are consistently making stupid ass threads. Damn.

YOu are just salty you don't have a job.

Nope. Wrong. Try again. I have a job.

Ok then you have a shitty job that pays half of market.

[sparty99]

Can't believe you are consistently making stupid ass threads. Damn.[/quote]

YOu are just salty you don't have a job.[/quote]

Nope. Wrong. Try again. I have a job.[/quote]

Ok then you have a shitty job that pays half of market.[/quote]

Nope. Wrong. Try again. Damn, you struggling.

[09042014]

Can't believe you are consistently making stupid ass threads. Damn.

YOu are just salty you don't have a job.[/quote]

Nope. Wrong. Try again. I have a job.[/quote]

Ok then you have a shitty job that pays half of market.[/quote]

Nope. Wrong. Try again. Damn, you struggling.[/quote]

You have below a 3.0 from a TTT. Methinks you are lying.

[JusticeHarlan]

Yes. Sticker at some schools is almost $300k

Sticker is nearly 300k now.

Thats ridiculous. I can not believe any person in their right mind, especially a potential lawyer would ever pay that much.


edit: (actually yes I can. People are stupid aren't they)

Back in the day, two pieces of TLS wisdom were "retake, get a 170 and ED to UVA at full sticker price," or, if your GPA sucked but you had work experience, "retake, get a 170 and ED to Northwestern at full sticker price." Those were repeated back in 2009/2010 the same way "take a full ride at your local school" and "negotiate for more money at a T-14" are today. Part of that was applications had peaked and options weren't as good for the same numbers, part of it was that sticker wasn't quite at $300K yet, but part of it was that sticker was seen as worth it because you'd just do biglaw for 5 years then exit to in-house/boutique/fed gov or something when your debt was paid off. All the recent threads by older posters about keeping debt down, even assuming you could get biglaw, weren't really a thing back then. It was just about getting a job, period, and the debt would work itself out.

[lawschool22]

How do we feel about ~$75k debt from lower T14, DF? I want to get a sense of what I have to look forward to

[09042014]

How do we feel about ~$75k debt from lower T14, DF? I want to get a sense of what I have to look forward to

Great choice, if you actually want to be a lawyer. When you get to your biglaw office, find a Yalie, tell him to smell your finger and then announce your vacay to Europe.

[NYSprague]

Yes. Sticker at some schools is almost $300k

Sticker is nearly 300k now.

Thats ridiculous. I can not believe any person in their right mind, especially a potential lawyer would ever pay that much.


edit: (actually yes I can. People are stupid aren't they)

Back in the day, two pieces of TLS wisdom were "retake, get a 170 and ED to UVA at full sticker price," or, if your GPA sucked but you had work experience, "retake, get a 170 and ED to Northwestern at full sticker price." Those were repeated back in 2009/2010 the same way "take a full ride at your local school" and "negotiate for more money at a T-14" are today. Part of that was applications had peaked and options weren't as good for the same numbers, part of it was that sticker wasn't quite at $300K yet, but part of it was that sticker was seen as worth it because you'd just do biglaw for 5 years then exit to in-house/boutique/fed gov or something when your debt was paid off. All the recent threads by older posters about keeping debt down, even assuming you could get biglaw, weren't really a thing back then. It was just about getting a job, period, and the debt would work itself out.

True. But I'm not sure anyone would listen anymore than they are listening now. People who started law school in fall,2009 had to be blindly optimistic about big law after seeing the layoffs caused by the crash. I think people see a big law salary and they don't want to listen to much more about the job. (This isn't meant as criticism. More that it might not have mattered if the advice was different. Being pro big law in 2009 was already a big bet.)

[sparty99]

Can't believe you are consistently making stupid ass threads. Damn.

YOu are just salty you don't have a job.

Nope. Wrong. Try again. I have a job.[/quote]

Ok then you have a shitty job that pays half of market.[/quote]

Nope. Wrong. Try again. Damn, you struggling.[/quote]

You have below a 3.0 from a TTT. Methinks you are lying.[/quote]

Just shows how dumb you are. I don't go to a TTT. But I'm not here to impress you. You brought all this shit up. I was simply referring to your assanine posts.

[09042014]

Just shows how dumb you are. I don't go to a TTT. But I'm not here to impress you. You brought all this shit up. I was simply referring to your assanine posts.

Nobody likes you. Seemingly all your posts are you complaining about the OP. Enjoy living in the ghetto.

[sparty99]

Just shows how dumb you are. I don't go to a TTT. But I'm not here to impress you. You brought all this shit up. I was simply referring to your assanine posts.

Nobody likes you. Seemingly all your posts are you complaining about the OP. Enjoy living in the ghetto.

Maybe I'll go to the " Post 1L scholarships are especially stupid " threat. Oh, wait. That's your thread. Again.

[09042014]

Just shows how dumb you are. I don't go to a TTT. But I'm not here to impress you. You brought all this shit up. I was simply referring to your assanine posts.

Nobody likes you. Seemingly all your posts are you complaining about the OP. Enjoy living in the ghetto.

Maybe I'll go to the " Post 1L scholarships are especially stupid " threat. Oh, wait. That's your thread. Again.

Finally you figured out how to quote.

[DELG]

Yes. Sticker at some schools is almost $300k

Sticker is nearly 300k now.

Thats ridiculous. I can not believe any person in their right mind, especially a potential lawyer would ever pay that much.


edit: (actually yes I can. People are stupid aren't they)

Back in the day, two pieces of TLS wisdom were "retake, get a 170 and ED to UVA at full sticker price," or, if your GPA sucked but you had work experience, "retake, get a 170 and ED to Northwestern at full sticker price." Those were repeated back in 2009/2010 the same way "take a full ride at your local school" and "negotiate for more money at a T-14" are today. Part of that was applications had peaked and options weren't as good for the same numbers, part of it was that sticker wasn't quite at $300K yet, but part of it was that sticker was seen as worth it because you'd just do biglaw for 5 years then exit to in-house/boutique/fed gov or something when your debt was paid off. All the recent threads by older posters about keeping debt down, even assuming you could get biglaw, weren't really a thing back then. It was just about getting a job, period, and the debt would work itself out.

TLS wisdom used to have room for strong regionals/state flagships, before the crash, but then everyone got scared and there was a flight to prestige. And there's no question that law is an incredibly prestige-conscious field. If I were applying today I still would take a lot of debt to go to a T14 (unless I was from Texas and in at Texas).

[californiauser]

Yes. Sticker at some schools is almost $300k

Sticker is nearly 300k now.

Thats ridiculous. I can not believe any person in their right mind, especially a potential lawyer would ever pay that much.


edit: (actually yes I can. People are stupid aren't they)

average debt out of Thomas Jefferson is 180k

100k, 150k, 400k, doesn't really matter -- you have no chance of paying that back without big law

[El Principe]

Thank god I don't have 240K in loans and live in Texas.

[worldtraveler]

Thank god I don't have 240K in loans and live in Texas.

thank you for that riveting contribution.