\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

200k debt, 100k salary. Will take 12 years to pay off debt

At $2k per month.
Beta location
  06/08/12
i have ~50k in debt and make ~ 35k, with no benefits. want t...
maize aromatic alpha center
  06/08/12
Probably not.
Beta location
  06/08/12
I have $105k debt and make ~$135k net, should be ok.
henna supple rehab halford
  06/08/12
almost exactly the same as me breh cept I make 115k. I'm sti...
razzmatazz angry shrine personal credit line
  06/08/12
lol at this strategy
exciting marketing idea stead
  06/08/12
It makes sense really. I am not paying anything for the firs...
Beta location
  06/08/12
200k in debt, 50k salary. would never be able to pay off deb...
Racy market
  06/08/12
This is why I'm going to marry a young lady with good financ...
Hot Associate Institution
  06/08/12
Smart. My lady has decent, but not great financials. We have...
Beta location
  06/08/12
$150k debt, $100k salary, will pay it off in 100 more $200 i...
opaque stage dingle berry
  06/08/12
How do you qualify for IBR?
Flesh property
  06/08/12
signed up based on my tax return income while I was still in...
opaque stage dingle berry
  06/08/12
you do know that IBR payments reset based on income? so whil...
exciting marketing idea stead
  06/08/12
Cr, lol. Hard to believe that this guy is for real when he d...
Beta location
  06/08/12
"You made 16k your last year of school? Your payment is...
Canary Mood
  06/20/12
The real question is how do you qualify for PSLF. Do you wo...
Beta location
  06/08/12
...
histrionic philosopher-king
  06/29/12
$150k - $60k salary killself?
adventurous copper lodge
  06/08/12
i'd be close to it.
exciting marketing idea stead
  06/08/12
I'm close to you..about $105K dent, $50K salary
mustard station volcanic crater
  06/12/12
...
Beta location
  06/20/12
Dumb question, but have you run the ICR math i.e. are you su...
Canary Mood
  06/20/12


Poast new message in this thread



Reply Favorite

Date: June 8th, 2012 9:24 AM
Author: Beta location

At $2k per month.

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20847858)



Reply Favorite

Date: June 8th, 2012 11:44 AM
Author: maize aromatic alpha center

i have ~50k in debt and make ~ 35k, with no benefits. want to trade?

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848242)



Reply Favorite

Date: June 8th, 2012 1:03 PM
Author: Beta location

Probably not.

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848655)



Reply Favorite

Date: June 8th, 2012 11:54 AM
Author: henna supple rehab halford

I have $105k debt and make ~$135k net, should be ok.

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848280)



Reply Favorite

Date: June 8th, 2012 11:57 AM
Author: razzmatazz angry shrine personal credit line

almost exactly the same as me breh cept I make 115k. I'm still just making ibr payments only though cuz I'm pretty sure I want to go into govt shit. been applying to jag

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848291)



Reply Favorite

Date: June 8th, 2012 1:04 PM
Author: exciting marketing idea stead

lol at this strategy

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848660)



Reply Favorite

Date: June 8th, 2012 1:07 PM
Author: Beta location

It makes sense really. I am not paying anything for the first year at least. If I make payments now then later start gunning for forgiveness, that's wasted money.

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848667)



Reply Favorite

Date: June 8th, 2012 12:08 PM
Author: Racy market

200k in debt, 50k salary. would never be able to pay off debt but for IBR/PSLF.

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848339)



Reply Favorite

Date: June 8th, 2012 12:10 PM
Author: Hot Associate Institution

This is why I'm going to marry a young lady with good financials

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848348)



Reply Favorite

Date: June 8th, 2012 1:05 PM
Author: Beta location

Smart. My lady has decent, but not great financials. We have already received about 80k which is already spent, partly, believe it or not, on LS to keep debt down. Her inheritance will be around 300k probably in the next 10-15 years.

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848663)



Reply Favorite

Date: June 8th, 2012 12:14 PM
Author: opaque stage dingle berry

$150k debt, $100k salary, will pay it off in 100 more $200 ibr payments before it's all forgiven.

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848359)



Reply Favorite

Date: June 8th, 2012 12:15 PM
Author: Flesh property

How do you qualify for IBR?

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848365)



Reply Favorite

Date: June 8th, 2012 12:21 PM
Author: opaque stage dingle berry

signed up based on my tax return income while I was still in school, which was basically one summer of work

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848397)



Reply Favorite

Date: June 8th, 2012 1:08 PM
Author: exciting marketing idea stead

you do know that IBR payments reset based on income? so while your summer of work will result in very low payments, once your report your new salary you may not even qualify for it anymore?

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848671)



Reply Favorite

Date: June 8th, 2012 1:09 PM
Author: Beta location

Cr, lol. Hard to believe that this guy is for real when he doesn't know wtf he's talking about.

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848679)



Reply Favorite

Date: June 20th, 2012 12:01 PM
Author: Canary Mood

"You made 16k your last year of school? Your payment is $160/month for 10 years. NEXT!"

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20921089)



Reply Favorite

Date: June 8th, 2012 1:08 PM
Author: Beta location

The real question is how do you qualify for PSLF. Do you work in bigfed?

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848673)



Reply Favorite

Date: June 29th, 2012 9:58 AM
Author: histrionic philosopher-king



(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20982661)



Reply Favorite

Date: June 8th, 2012 1:09 PM
Author: adventurous copper lodge

$150k - $60k salary

killself?

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848677)



Reply Favorite

Date: June 8th, 2012 1:10 PM
Author: exciting marketing idea stead

i'd be close to it.

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20848686)



Reply Favorite

Date: June 12th, 2012 1:10 AM
Author: mustard station volcanic crater

I'm close to you..about $105K dent, $50K salary

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20872203)



Reply Favorite

Date: June 20th, 2012 11:51 AM
Author: Beta location



(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20921052)



Reply Favorite

Date: June 20th, 2012 11:59 AM
Author: Canary Mood

Dumb question, but have you run the ICR math i.e. are you sure it makes sense to go at it 2k/month?

(http://www.autoadmit.com/thread.php?thread_id=1966280&forum_id=2#20921082)