Reply to Come in if you're 40 - how much in your 401k?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How did 2 of you even get $400k in loans?  you must have maxxed out the loans you could receive every year.  That was stupid.  Live well as a student, live poor as an adult.  You can't go back, but it's good lesson to teach your kids (and for other people to heed when advising their kids how much to borrow!)

I had to pay for school but only borrowed tuition, worked during the summers and part-time in law school to pay my living expenses.[/quote]

Good for you? I'm not the PP, but how do 2 people get 400k in loans -- are you that naïve? Did you have no classmates who borrowed 65k/yr -- all law school costs -- for each year?[/quote]

Only the idiots who borrowed every penny they could.  Who does that?  It is stupid.[/quote]

Pretty sure if I got into HLS and didn't have any type of family support, I'd borrow every dollar. I happen not to believe that a half ride or free ride to a state school for the state in which you want to live is just as good. Borrow for HLS, go into biglaw making 180k as a first yr, continue to live like a student and you'll pay it off in under 5 yrs.[/quote]

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