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Money and Finances
Reply to "$100,000+ loan club"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I had just over 100,000 in loans when I graduated from law school in 2001. I paid them off in about 6 yrs on a gov't salary--- paid 900 a month every month, received between 3500-5500 a year from my agency in loan repayment assistance, lived cheaply (ie with roommates, old car), and threw every bit of extra money I had at the loans.[/quote] Impressive to pay it off that quickly on a government salary, though I guess the loan repayment assistance helps. I graduated with $145k (mostly law school but a bit left over from college as well) and paid it off in 3 years at a law firm. Lived like a student in a tiny studio, no car, etc, in order to do so. But I didn't have kids so that helped.[/quote] You are my hero. I wish I was this disciplined.[/quote]
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