Check out my guest post over at Ms. JD. It’s all about staying on budget while maintaining a social life.
While I’m (obviously) not an attorney and while I don’t have a Juris Doctorate degree either I get to meet a lot (a ton) of lawyers because of job as a clerk for the state. Sometimes it feels like everyone I know is a lawyer. So often I hear about people graduating law school with $100,000 – $150,000 in student loans. Now that is an intense amount of debt, and it makes my $40,000 photo school education feel like a bargain.
It’s all relative right.
I get to meet a lot of law school students too, and the cost of law school inevitably comes up. The choice has to get made: do you get an education in your desired field and hope you can get a job that pays enough for the cost of the education upon graduation or do you not?
If you don’t want the loans you don’t get the education and then you don’t even get a shot at getting your dream job. More times than not people take on the loans and hope for the best. No one’s gonna say, “Yeah, I’m not good enough” or “I won’t get the job I need to get to pay for those loans.” Maybe it happens but not often, and wouldn’t it be completely counter-culture to do here in America? Nobody says they can’t. We all say “We Can!” and “Not only can we, we’ll be the best.”
Hearing about those overwhelming feelings that come with having such a hugely abstract amount of educational debt sucks. I was trying to think of a better way to put it but that’s it- it just sucks.
Education remains a great investment though, and while getting those loans paid off is a daunting task it’s one worth tackling asap to keep the interest from accruing and resulting in an even more expensive education.
What do you think about the state and cost of education in our country? Is a higher education a worthy and neccesary investment? Do you consider student loans “good debt”? What if you don’t know what you want to do with your life, should you go to college anyway?
P.S. Ready to get out of debt ASAP? Check out the Spending Fast Bootcamp!