Anonymous wrote:
Anonymous wrote:No law school. I did not pay off my student loans after 20 years of payments. I finally gave up and used my home equity at age 46. I shudder to imagine what my 401k would look like, the millions I might have, if I put all that cash into my 401k instead of loan repayments. For most, becoming a lawyer is like chasing a pot of gold at the end of a rainbow. But they never make it.
The "pot of gold" is a Big Law job that not everyone will like or tolerate. So, there's that. Some actually are cut out for it and stick it out, though.
But to state the obvious, if you are not funded by parents or a trust fund, borrow a whole lot of money, and don't wind up in Big Law or something else lucrative,
that's a big financial burden. [/quote]
True. At $105K a year + at my law alma mater, you don't want to wind up second year thinking "oh, this was a mistake"