Reply to Does anyone else owe a TON in student loans?

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[quote=Anonymous]I'm the poster being affectionately referred to as asshole.  Thank you, thank you very much.

Everytime there's a discussion about lawyers and law school everyone goes on and on about how the law schools are to blame, they lie, etc.

Let's call a spade a spade.  Who in their right mind thinks it is smart to take out loans totaling $200K+ and honestly thinks it is going to be all peaches and cream to pay it off?  What it really comes down to is greed on the part of the person taking out the loans.  They believed they were going to get a ginormous paycheck for going to law school.  Even in a good economy and a great year, I can't imagine the percent of graduating lawyers is that large who would find it easy to pay off that kind of debt.

But yes, I'm an asshole.  I chose to go to a state school, not go into crazy debt, graduate in four years, get a degree and be self-sufficient and pay my bills and my taxes.  Of course, I don't get to tell everyone I'm a fancy-pants lawyer and have huge amounts of debt.  Obviously everyone is free to make their choice, but don't whine about your loans and try to say you didn't know better, be honest and own it:  you were greedy.

I'm with the previous poster, who was much more eloquent than me, if you are truly giving back to a community in a rural area, then yes, there should be some sort of loan forgiveness, but I imagine this percent is truly small.

As far as teachers:  sure if they are teaching in afflicted areas.  But honestly, when was the last time a teacher came on complaining about their student loans?  Nothing comes to mind.  I don't think most teachers contemplate taking out 200K+ loans as they know there's no way they will pay it back.[/quote]

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