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Reply to "If you had student loans, how long did it take to pay them off?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous] FWIW -- I agree with you. Lawyer here who can't fathom why my (not rich; not married to money; not having trust fund) friends are slogging away at non profits for under 6 figures when they could earn 2-3x that in private practice. And in their cases, it's BS non profits that generally give you the feelings of "doing good" but how much are you really accomplishing?? Bit different for MDs -- we NEED people to want to do primary care bc I for one don't want to be seeing NPs and PAs for everything. If these folks are willing to take one for the team financially to provide care we ALL need -- I wouldn't lecture them on that. But like you -- I personally considered by debt/standard of living etc. when deciding how to move forward educationally and professionally. I'm the one who graduated with 75k in debt and paid it off in 13 years -- super slow bc market returns >> 2.8% interest rates and I wanted the net worth/investments built up fast.[/quote] It's too bad that you can't understand people who have other priorities besides making the most money they can, but it's pretty unattractive to judge your friends because they do...[/quote] Not the pp you addressed but I have no issue with anyone choosing to pursue a profession or calling that may not pay well. Like you said there is more to life than making money. But I think for someone who does choose such a profession to then complain about how it is taking years to pay off loans and how the amount of those loans is affecting their overall lifestyle does not lend itself to inviting sympathy or understanding. If anyone is going to take on a whole lot of debt, it makes sense to also give some thought to how the debt will be repaid - this applies whether it is education loans or any other type of debt.[/quote]
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