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if indeed he does hold a law degree, who would trust his judgement in court??????????
the socialists are always looking for recruits. No experience needed, better if you fit one of the premier demographics.
thy may not pay much but you will be promised a place of esteem in their new social order. Perhaps they will allow you a pork chop once a month when other are starving.
What's amazing to me is that this dimwit spent $347,000 for his education, and somehow, he was smart enough to pass the bar? He could make a killing if he hooked up with any firm out in Vegas, but he sounds like he's happy by playing the victim and staying where he's at.
$347,000 !! That is Stupid Money to both borrow and now have to pay back. What was this guy thinking?
There was a funny cartoon the other day. A smiling old guy sitting in a chair at the nursing home with a cake. One nurse asks the other, Is it his Birthday? She responds No he just paid off his student loans...
Good luck guy. $347,000 is a House!
I can't imagine...until I hear of a friend's daugther off to Tulane for her law degree and she combined a masters -- so all in all 4 or 5 years. 78K a year without aid. I don't think this girl could have gotten aid.
So say four years 312K just for tuition. If she needed books/living expenses -- well over that.
Very often it is 'who you know' that matters in the legal field.
Wrong! If you don't come out of a 'name' law school often your chances of getting a job are slim.
I can promise you, based on what I looked up, Seattle University is no desired law school.
If you want a fancy job in DC or "Wall St" (or heck I guess Silicon Valley now) then you probably need the name Woke/Ivy law degree - Stanford, Berkeley, Georgetown, etc count for these too.
If you want a job in private practice with a regional firm, you can get it from one of the state U's.
If you were a social worker, went to a diploma mill, and want to do advocacy work... that's all you need.
Post #9 is spot-on. Also, it matters where the person went to law school. Without connections, it’s going to be hard to land one of those high paying jobs graduating from a school ranked over 100 (not a good thing). Then the nonsense about not being able to pass the bar because someone else was sick? These stories where people owe hundreds of thousands in student loans always have several aspects that don’t pass the smell test.
I'm convinced that what we have here is a segment of AOC's/poor journos with student debt and the ability to be attracted to the few with odd circumstances that basically amount to "my **** up isn't my fault". And they all just nod their head in agreement and accept it as perfectly normal...because I guess that's their normal too.
I wanted.
I thought.
I didn't know.
I didn't expect.
If we take it that he ONLY used it for tuition, you are using tuition at the 2022 rate, not back in 2014-2017 when he went to school. It is very likely it was less.
It sounds like he hasn't made any payments, or very minimal payments. So with that and assuming the interest and base amount. If we compound the interest daily. After 5 years (Summer 2017 to Summer 2022) with the original balance of around 162K, he would only owe about 236K, over 100K less than what he says he owes.
It would actually take an original balance of around 250K to get to the amount he says he owes now.
So there is probably a lot more not being said as to how the funds he borrowed were used.
I said ...
Quote:
well ... we know his debt now, and we know his interest rate. He borrowed between 200K ($67K/year) and $230K ($77K/yr).
I didn't see anything about "I just used it for tuition" I did see (sic) "I'd be able to live without a job".
Heck, we don't even know if his interest is 7.65%, but given the static/low nature of interest rates it surely couldn't have been higher.
He'll wind up in politics, with the rest of the failed Lawyers. He'll steal most of his campaign cash & launder it through 3rd parties, and voila! His student loans will be paid off.
He needs hang around with Stacy Abrams to see how its done.
"Predatory lenders" is a concept created to shift the blame from the "poor, naive, borrower" to the "rich, evil, lender".
It's all a bunch of BS.
Nobody is forcing anybody to take out a loan. There are types of lawyers that can easily pay off that loan, and there are types of lawyers who cant. He should have know the difference and become the type of lawyer that can. Or, he should have not taken out the loan in the first place.
An 18 year old can live on his/her own.
An 18 year old can decide to join the military and go to war.
An 18 year old can sign his/her own consent for a medical procedure.
An 18 year old can decide to change their gender.
But an 18 year old can't decide whether or not to take out a loan?
What a bunch of crap.
From what I’ve heard is, you kind of know what kind of lawyer you can be based on the law school you go to. If you don’t go to a top 10 (or at least a top 20), you’ll probably end up being the “other type of lawyer.” (of course there are always exceptions).
As a MD graduate in the early/mid 2000’s who went to a state school, I only had about $150K. I’m pretty frugal, so after residency, I paid it off easily. Nowadays state school graduates are usually coming out with around $250K. Although, with nearly any medical specialty, you can have a nice enough salary to pretty easily pay off your loans.
Unfortunately, being a law school graduate does not have the same guarantees in-terms if salary.
From what I’ve heard is, you kind of know what kind of lawyer you can be based on the law school you go to. If you don’t go to a top 10 (or at least a top 20), you’ll probably end up being the “other type of lawyer.” (of course there are always exceptions).
As a MD graduate in the early/mid 2000’s who went to a state school, I only had about $150K. I’m pretty frugal, so after residency, I paid it off easily. Nowadays state school graduates are usually coming out with around $250K. Although, with nearly any medical specialty, you can have a nice enough salary to pretty easily pay off your loans.
Unfortunately, being a law school graduate does not have the same guarantees in-terms if salary.
I come from a family of lawyers, going back 3 generations. I'm the "black sheep", MD in the family.
Taking an educated guess on their salaries, I have some family members making 7 figures, most varying in the 6 figure spectrum, and a couple that just cant seem to find their footing.
The schools don't seem to be the biggest factor to me. The type of law, and the personality of the lawyer seem to be what makes the difference. The ones that are in business/finance type law tend to do well. Real estate law, corporate law, commercial litigation, tax law, etc. The ones that do more personal-type law, like family law, criminal law, divorce law, etc, is more of a mixed bag.
Last edited by AnesthesiaMD; 07-20-2022 at 06:53 PM..
...And final note - who chose to ignore the fact that WA is one of four states where you can take and pass the bar without actually attending law school, so long as you meet the apprenticeship requirements of working essentially 4 years worth of full time in the legal profession? Oh shizzle...you mean you can become a lawyer without law school debt AND while earning a wage with an actual job? ...
That's great! Why wouldn't more go that route?
I don't know if this is also a state by state thing, but when I worked for a vet, you could bypass school (where you practice giving injections on stuffed animals), and work towards being a vet tech at an actual clinic. You get real experience, have a job, and no loans to pay back. Then you can decide if you want to advance. (Or, like me, realize you have to deal with far too many humans who don't listen to instructions, and you can't take it anymore as the animal suffers for it.)
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He could make a killing if he hooked up with any firm out in Vegas, but he sounds like he's happy by playing the victim and staying where he's at.
