Date: March 20th, 2012 12:48 AM
Author: ......,.,,,.,,,,,.......

6 months in and I'm really disliking this shit. I owe about $200k. My plan was to stick it out for 4-5 years and try to pay off the bulk, but I'm not sure it's worth wasting those years of my life. Will try to make it a year or so and if things haven't improved or I haven't grown used to it, may just say fuck it.

Anyone done this? Did you regret it? What did you do after?

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20247537)

Date: March 20th, 2012 1:10 AM
Author: ;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;

200K is a ton. just do the math on that interest each year. you need to stay until you get that down to something within reason. you can't just go make 80K somewhere with that type of debt.

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20247749)

Date: March 20th, 2012 2:04 AM
Author: Applepie

Not a big deal if you can land an 80k a year job. You can always IBR your 200k. Try to land gov job though so it is paid off in 10 yrs.

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20248165)

Date: March 20th, 2012 8:07 AM
Author: ...,,.,..,,..........,,,.,.,....,,....,.........,

CR

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20248593)

Date: March 20th, 2012 10:43 AM
Author: ;.,.;;.;;.,.;;;.,;.,.,..,.;;.;.;;.;.;

IBR will still fuck him. The interest will continue to compound and fuck up his credit for 20 years, then get a cancellation of debt from the IRS and owe a bunch of tax

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20248849)

Date: March 20th, 2012 10:49 AM
Author: ...,,.,..,,..........,,,.,.,....,,....,.........,

Student loans and no default does not mess up your credit. No tax for 10 yr forgiveness and the other glitch will be fixed. There are also bills in Congress to shorten forgiveness period.

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20248882)

Date: March 21st, 2012 1:21 AM
Author: ;.,.;;.;;.,.;;;.,;.,.,..,.;;.;.;;.;.;

how does it not mess up your credit?

your loan balances show up on your credit reports. this will give you a shitty credit to debt ratio and what not

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20255261)

Date: March 21st, 2012 2:37 AM
Author: Applepie

I have 150k in debt and have a near perfect credit score.

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20255716)

Date: March 21st, 2012 3:50 AM
Author: ,,,...,,......,,....

your credit will be fine if you are making payments.. i have over 200k of student loans on IBR and have near perfect credit.

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20256121)

Date: March 21st, 2012 10:00 AM
Author: ...,,.,..,,..........,,,.,.,....,,....,.........,

That ratio is for revolving credit only

Student loans simply do not affect credit except re timely payments

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20256773)

Date: May 12th, 2012 12:56 PM
Author: jake from statefarm

(guy who doesn't understand how FICO scores are calculated)

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20676087)

Date: March 20th, 2012 1:02 AM
Author: ;.,.;;.;;.,.;;;.,;.,.,..,.;;.;.;;.;.;

nyc?

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20247673)

Date: March 20th, 2012 1:15 AM
Author: AZNgirl singing Ice Ice baby near AZNman

Just do waiting for Romney to become POTUS and save us all from the corporate student loan industry, BRO.

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20247799)

Date: March 20th, 2012 10:53 AM
Author: Fry Mumia

LOL at mittens giving a fuck about students and grads with debt.

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20248894)

Date: March 21st, 2012 12:57 AM
Author: '' '' " "



(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20255150)

Date: March 20th, 2012 1:14 AM
Author: .,.,,..,.,,.,.,:,,:,...,:::,...,:,.,.:...:.,:.::,.

You're not wasting those years of your life if it prevents you from living the life of poverty you'll inevitably face without a biglaw salary.

You're fucked, bro, but you can at least make the fucking finish relatively quickly by sticking it out at your firm.

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20247784)

Date: March 20th, 2012 1:14 AM
Author: The Mighty Quinn

Elie Mystal in 2004?

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20247792)

Date: March 20th, 2012 1:14 AM
Author: Pour etre juste,

http://www.xoxohth.com/thread.php?thread_id=1902338&mc=31&forum_id=2

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20247794)

Date: March 20th, 2012 8:10 AM
Author: slim_shady_man

Curious to hear what you hate about biglaw already? Standard complaints (e.g., way too much time, no social life, etc.)?

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20248595)

Date: March 21st, 2012 12:56 AM
Author: ......,.,,,.,,,,,.......

Standard stuff, though I think my firm is a bit on the extreme end as far as hours and workload go. Everyone in my year is doing 60-70 hour (billed) weeks pretty consistently. I knew I'd be working hard but didn't really expect to never leave before 11 or 12.

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20255144)

Date: March 20th, 2012 8:27 AM
Author: ..........,.

you people are such idiotic whiners. why do people like you have gainful employment?

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20248606)

Date: March 20th, 2012 10:40 AM
Author: ...,,.,..,,..........,,,.,.,....,,....,.........,

Why is it whiny to do something you like?

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20248838)

Date: March 20th, 2012 10:45 AM
Author: ;.,.;;.;;.,.;;;.,;.,.,..,.;;.;.;;.;.;

it's whiny to spend a bunch of time studying for the LSAT, applying, busting ass in law school for 3 years taking on $200k, interviewing, landing biglaw, taking the bar, finally starting, then 6 months in you "hate it." He should have known biglaw is tough before even going to law school.

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20248856)

Date: March 20th, 2012 10:52 AM
Author: ...,,.,..,,..........,,,.,.,....,,....,.........,

Thats not whiny its just maybe a little foolish in retrospect. Its pretty hard to know until you get there.

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20248890)

Date: March 20th, 2012 10:48 AM
Author: ..........,.

becuase the vast majority of college grads cannot get paid to do something THEY DON'T LIKE let alone something they do like.

This whole entitled, "I should be able to do whatever I like.........." is solipsistic and self indulgent. Most people cannot get jobs period.

Plus someone who is going to quit any decent job that pays okay when they have 200k in debt is CRAZY.

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20248876)

Date: March 20th, 2012 10:56 AM
Author: ...,,.,..,,..........,,,.,.,....,,....,.........,

The 200k is forgivable, and the biglaw will never last very long anyway.

Its not about being entitled, its just realizing that a) some things are not worth the effort and b) life is too short not to try new things or to spend doing certain things

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20248913)

Date: May 12th, 2012 12:55 PM
Author: ,,,...,,......,,....

there's a big gap between doing something you like and doing something you are completely miserable doing, breh

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20676074)

Date: March 20th, 2012 10:44 AM
Author: ,.,.,.,.,.,........,,,,,,,,,,,,.,.

Stick it out until you pay off your loans. If you're frugal, you should be able to do that in less than 4 years.

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20248851)

Date: March 20th, 2012 10:51 AM
Author: texasLawlz (no longer a member of t14)

CR. Even in MFH, 160k = 95k/year after tax. Live cheaply and use dat bonus money to get way ahead on loans.

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20248889)

Date: March 20th, 2012 10:59 AM
Author: .,.,..,...,.,.,:,,:,.,.,:::,...,:,.,.:..:.,:.:

most associates dont like the job but it's mostly painless to stay in biglaw two years. get on a lot of doc review projects, avoid taking any early responsibility work or brief drafting, and do just enough to avoid getting fired

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20248927)

Date: May 12th, 2012 12:56 PM
Author: ,,,...,,......,,....

this. once you give up on trying to strive and impress biglaw is relatively painless. just bill your 8 hours and go home, send what you have in. it will be enough to keep you from getting fired for years.

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20676090)

Date: March 21st, 2012 1:22 AM
Author: .;.;..;..;;.;.;;.;.;..;.;.;.;;.;.;.;.;;.

sounds cr

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20255265)

Date: March 21st, 2012 1:27 AM
Author: ..................... ................ ...........

doing same brother, no worries, clear hearts. consider that in 500 years you'll never worry about this; consider in 500 years your firm will still be working people to death; consider in 500 years your hours spent toiling for a partner will mean nothing.

worst case scenario: you become homeless or insane. Query whether you feel that way now? I certainly do. When you have no free time, you are essentially in prison anyway. When your mind is imprisoned, you are even moar fucked than most inmates, whose time is at least their own.

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20255296)

Date: March 21st, 2012 1:42 AM
Author: bitches aint shit, we don't love em hoes

you are right. 4 or 5 years in your 20's is a huge huge price.

i would just say fuck it, and leave the country. fuck the loan sharks.

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20255398)

Date: March 21st, 2012 10:03 AM
Author: slim_shady_man

Do u think biglaw is overrateD?

(http://www.autoadmit.com/thread.php?thread_id=1902403&forum_id=2#20256788)