Everyone keeps asking me if I'm going to law school. I'm fairly young (late 20s) and I've been working as a non-attorney employee for a while now.
I crunched some numbers, and the only way it could feasibly work is if I went to a law school in a different area because the only law programs offered here have demanding (and RIDICULOUSLY expensive part time+full time programs) It's literally impossible or highly stupid to try and do this w/ a full time 40-hour job.
If I hypothetically made 40,000k the rest of my life, it would almost take DECADES to get my money back as long as I made at least twice as much as an attorney upon graduation.
What's my problem?
3 years @ hypothetical salary -$120k
Student loan debt -120k (oh I should probably factor in the interest too shouldnt i.... =( )
One of the other minor problems...my wife and I could easily pay off our house early once she finishes school this upcoming year for her masters, and then we will have ZERO debt, in probably 10 or so years at the max, could pay off earlier, and will just owe taxes, bills, etc.
If I take off work for 3 years and then take a substantial student loan debt, I feel like we would be under water FOREVER, but sure, it could pay off...
I think I'm going to take the LSAT and just see if I qualify for any kind of scholarships and cross my fingers, lol.
Anyone else in this kind of dillema?
I think it would be easier for me to just take a few classes on the night shift and get an MBA on the cheap. My employer will help cover some tuition (maybe 1 class a year at most), which would help
I crunched some numbers, and the only way it could feasibly work is if I went to a law school in a different area because the only law programs offered here have demanding (and RIDICULOUSLY expensive part time+full time programs) It's literally impossible or highly stupid to try and do this w/ a full time 40-hour job.
If I hypothetically made 40,000k the rest of my life, it would almost take DECADES to get my money back as long as I made at least twice as much as an attorney upon graduation.
What's my problem?
3 years @ hypothetical salary -$120k
Student loan debt -120k (oh I should probably factor in the interest too shouldnt i.... =( )
One of the other minor problems...my wife and I could easily pay off our house early once she finishes school this upcoming year for her masters, and then we will have ZERO debt, in probably 10 or so years at the max, could pay off earlier, and will just owe taxes, bills, etc.
If I take off work for 3 years and then take a substantial student loan debt, I feel like we would be under water FOREVER, but sure, it could pay off...
I think I'm going to take the LSAT and just see if I qualify for any kind of scholarships and cross my fingers, lol.
Anyone else in this kind of dillema?
I think it would be easier for me to just take a few classes on the night shift and get an MBA on the cheap. My employer will help cover some tuition (maybe 1 class a year at most), which would help