Date: May 20th, 2012 8:09 PM
Author: .,,,......,.,..

Market paying v20. Is this doable. Describe my lifestyle during said time.

(http://www.autoadmit.com/thread.php?thread_id=1953104&forum_id=2#20732328)

Date: May 20th, 2012 8:55 PM
Author: SHOOOOT HERRRR;;;....SHOOOOT HERRRR!!

I can't speak directly to NYC lifestyle, but it can be done if you live thrifty.

First, 260 x .068 means you're going to have to pay down 18k of interest in that first year, and, obviously, that number will fall gradually. Quick guesstimate, you're going to need to pay about 320k in 5 years, so you're looking at 60k/year, or 5k per month in student loans. You're not going to be able to max your 401k, but you can do some IRA contributions. Probably going to need a roommate. Learn to cook for yourself, and keep yourself on a cheap entertainment budget. Taxis will quickly eat away at your cash, so you need to be on the ball with public transit. It's not impossible, but it can be done.

(http://www.autoadmit.com/thread.php?thread_id=1953104&forum_id=2#20732648)

Date: May 20th, 2012 10:08 PM
Author: ..,.,...,..,.,.,:,,:,..,:::,...,:,.,.:..

explain this. why .068?

(http://www.autoadmit.com/thread.php?thread_id=1953104&forum_id=2#20733303)

Date: May 20th, 2012 10:15 PM
Author: . feather .

Jesus really? 6.8%. I'm no math master man, but...

(http://www.autoadmit.com/thread.php?thread_id=1953104&forum_id=2#20733360)

Date: May 20th, 2012 10:17 PM
Author: .,.,,.,.....,.,..,.,.,

titcr

(http://www.autoadmit.com/thread.php?thread_id=1953104&forum_id=2#20733375)

Date: May 20th, 2012 10:20 PM
Author: .,,.....,.,.,.,:,,:,,.:,:::.,,.,:,.,.::.:.,:.::,.

GradPLUS loans are 7.9%, and if he has $260k that's going to be the bulk of his loans. Staffords are 6.8%, but you can only borrow $20.5k per year in those. the rate on GradPLUS used to be 8.5%; dropped to 7.9% in 2011, so if he's just graduating he'll have 1L loans at 8.5%.

he can get a 0.25% rate reduction via autopay, and probably another 0.25% with 36 months of consecutive payments.

(http://www.autoadmit.com/thread.php?thread_id=1953104&forum_id=2#20733387)

Date: May 20th, 2012 10:21 PM
Author: .......,.............;.;;;...;..;

This is insanity.

(http://www.autoadmit.com/thread.php?thread_id=1953104&forum_id=2#20733395)

Date: May 20th, 2012 10:22 PM
Author: . feather .

Holy shit. What a fucking nightmare. Law school is a huge scam.

(http://www.autoadmit.com/thread.php?thread_id=1953104&forum_id=2#20733400)

Date: May 20th, 2012 8:59 PM
Author: ,..,.;.,.,;.,;..,,;.,.;..;,.,;,.;.;.;,,;,;.,,;

UG debt?

(http://www.autoadmit.com/thread.php?thread_id=1953104&forum_id=2#20732677)

Date: May 20th, 2012 9:34 PM
Author: .,.,,.,.....,.,..,.,.,

would you do law over again if given the choice?

(http://www.autoadmit.com/thread.php?thread_id=1953104&forum_id=2#20732955)

Date: May 20th, 2012 10:21 PM
Author: .,,.....,.,.,.,:,,:,,.:,:::.,,.,:,.,.::.:.,:.::,.

i am not OP but i graduated with $210k of debt and emphatically the answer is no.

(http://www.autoadmit.com/thread.php?thread_id=1953104&forum_id=2#20733394)

Date: May 20th, 2012 10:24 PM
Author: .,.,,.,.....,.,..,.,.,

i will graduate owing my parents like 50k, rest was schollies/savings, am a 2l, and my answer too is no.

(http://www.autoadmit.com/thread.php?thread_id=1953104&forum_id=2#20733413)

Date: September 29th, 2012 4:46 AM
Author: :D (handsome, sociable, charismatic, would make a good husband, dawg)



(http://www.autoadmit.com/thread.php?thread_id=1953104&forum_id=2#21683960)

Date: September 30th, 2012 10:55 AM
Author: PrestigeWhore

If you actually survive for 10+ years its a decent income for someone who has no real talent or skills.

But I would only go to a top 5 school. HSY, CLS, maybe Chicago, maybe NYU. That's it. $250k in debt to go to UMich is just not worth it any more.

(http://www.autoadmit.com/thread.php?thread_id=1953104&forum_id=2#21684361)

Date: May 20th, 2012 10:16 PM
Author: .......,.............;.;;;...;..;

lol, just lol at law school and this profession.

(http://www.autoadmit.com/thread.php?thread_id=1953104&forum_id=2#20733367)

Date: May 20th, 2012 10:17 PM
Author: .,,.....,.,.,.,:,,:,,.:,:::.,,.,:,.,.::.:.,:.::,.

no

(http://www.autoadmit.com/thread.php?thread_id=1953104&forum_id=2#20733373)

Date: May 20th, 2012 10:24 PM
Author: Did YOU go to HLS?

Yes, but not worth it.

(http://www.autoadmit.com/thread.php?thread_id=1953104&forum_id=2#20733415)

Date: May 20th, 2012 10:30 PM
Author: .,,.....,.,.,.,:,,:,,.:,:::.,,.,:,.,.::.:.,:.::,.

5 years? i don't think it's even possible. interest his first year alone is $20k.

(http://www.autoadmit.com/thread.php?thread_id=1953104&forum_id=2#20733467)