Tag Archives: law school
- I Could Not Afford Law School But Have Loans. What Now? – Ron
“Dear Steve, Well here it goes…I went to an expensive undergrad school and took out a good amount of student loans. My parents told me it was fine and was actually a good thing to help my credit after I got out. The plan was that they were going to pay for most of the [...]
- I’m Going to Law School And Will Graduate With a Lot of Debt. – Anthony
“Dear Steve, I currently have $39,000 of under-graduate Stanford federal student loans. I will be attending law school next year and will most likely with living expenses rack up $67,000 a year for three years a total of $239,000. I have two questions, will I be able to borrow the additional $200,000 needed for law [...]
- I’m in Law School But Considering Bankruptcy. – Jenni
“Dear Mitch, I am 40 years old and work as a land development consultant. I don’t have to explain what has happened to land development in recent years. I used to make 63k/year with a 15-17k bonus every year. I now make $40k/year with no bonus. My husband’s small business has struggled and drained all [...]
- Want to Incur High Student Loans and Have Grim Job Prospects? Go to Law School.
The New York Times published “Is Law School a Losing Game?” and raised some excellent points that I’ve certainly observed from people visiting this site. In the NYT article, lawyers that have graduated with high student loan debt discuss the grim job prospects and reality of becoming a lawyer in the current economy. In reality, [...]
- Alex Went to Law School, Business School and is Now Buried in Student Loans
Alex wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- I Went to Law School and Now I’m Broke. – Jasper
“Dear Steve, Well, I have two credit cards that I received in college and I was very responsible to make sure to pay them off each month. When I went to law school, I was not allowed to work for the first year, and my parents provided financial support until the economy began to worsen. [...]
- My Goal is to Go to Law School But I Have Bad Credit. – Ella
“Dear Steve, My goal is to go to law school within the next two years. However, I have really bad credit. I have about 5 or 6 charged-off accounts on my credit report, and right now I’m working on paying off these accounts. Now, the reason I’m asking this question is because I don’t have [...]
- I’m a Lawyer With a Law Degree From a Top Law School and I Can’t Find a Job. Michael
Michael wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- Debt Settlement or Debt Negotiation, What’s the Difference? – Carrie
“Dear Steve, Hi. My husband and I just got married in October 2009. Our financial life together has been anything but a fairytale. I graduated from law school in May but have not yet passed the bar exam and have not been able to find employment in the legal field. I just started working at [...]
- I’m $211,000 in Student Loan Debt to Become a Lawyer. I Don’t Want to Be an Attorney Anymore. – Jacob
Jacob wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- I Cosigned for My Daughters Law Degree Loans Which She Refuses to Pay Back. – Pam
Pam wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- I’m in My Second Year of Law School and Want to Drop Out. But What About My Loans? – Brad
This question was submitted to me through the GetOutOfDebt.org site. You can ask a question online here. Because of the volume of submitted questions, I am behind in personally answering every single one. I need your help. I am publishing the question below for you to answer. Please help this person by adding your response [...]
- Alex is Buried in Student Loan Payments
Alex wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- Do You Think You Are A Failure When You Break Your Budget?
I’m always sad when someone says to me that they feel like a failure when they break their budget. Just by it’s very nature, a budget is a self-defeating document that will most likely lead to failure. You see most budgets are not based in truth, they are based in wishes. Here is how I [...]