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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Interesting that the one financial mistake so many DCUMers make was made long before they thought about buying a house or having kids -- they racked up thousands in student loans.

I am stunned that so many DCUMers calmly report paying $500, $800, $1,100 a month toward student loans. I can't imagine that.[/quote]

I think my 200k salary makes up for my $400 monthly loan payment.  [/quote]

Of course it does. We pay $1500 together for two law school loans -- but total HHI is $380 and I work part time. So, of course it is worth it! Otherwise we would prob make around $150k total. It is an investment, not a "financial mistake." Its a financial mistake if you can't turn it into a profit. Not taking on the debt in our situation would have dramatically recued our long term earning potential. So, yes, calmly reporting it, thanks. I can't imagine if we hadn't taken on those loans.[/quote]
So your saying your school, not you, is what got you where you are today?  [b][b]Meaning if you went to a cheaper lesser know school you would be a much less effective lawyer?[/b]  Or conversely someone who is a poorly applies themselves can go to an expensive well known school and still thrive as an ineffective lawyer?

In short, the school does not make you, you make you[/b].[/quote]

NP here but unfortunately for lawyers, yes it does.  It's just the way the hiring market is for lawyers.  Those at the top 10-14 schools have the best opportunities and they markedly decrease from there.  That's not to say that everyone who goes to a cheaper and lesser known school doesn't have options but it's a much harder path.  [/quote]

Yes, bolded PP, you are simply wrong. I am indeed saying for lawyers, the school in large part makes you, unless you are a true star or an entrepreneur/shingle hanger/trial lawyer. It matters where you go to school. Moreover,  you are dreaming if you think the school ranking has some kind of bearing on the cost. Many lower ranked schools are far more expensive because they are businesses. Yale, for example, always #1 or2 in rankings, has an enormous endowment and caps loans for lawyers. Third tier schools are just as expensive as top schools. I went to a state school, and my loans are totally manageable. My husband went to a top 2 school, not Yale, and his loans are much higher, but he has about 1000 times more opportunities because of it.[/quote]

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