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Reply to "Unemployed Baltimore law grad with 120k in debt - options?"
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[quote=Anonymous][quote=Anonymous]What's your undergrad degree? I bet you'd make more money in 5 years using that than your law degree. sorry to be the bearer of bad news, but it's true. You know banking . . . in finance, they say dont make decisions based on sunk costs. However, if you must get a law job, and if you refuse to do contract work in DC that pays really well (you have to sign up with like 3 places and hustle and call every friday and say you are available for that monday) - apply at the Board of Veteran's appeals. They are constantly hiring, but the pay is very very low (starts at GS 9 with a level increase every year). IF you can manage to pay your law debt on time every month, lots or all of it can be forgiven after 10 yrs of federal employment. [b]But that is nearly impossible to do I know I am in that boat myself[/b]. Good luck. [/quote] How is it nearly impossible to make your loan payments with IBR/PAYE? The payments are a ridiculously low percentage of your income.[/quote]
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