Comments on: Is There Anyone on Earth With As Much Debt As Me? http://thebillfold.com/2013/01/is-there-anyone-on-earth-with-as-much-debt-as-me/ Everything About Money You Were Too Polite To Ask Sat, 25 May 2013 22:57:20 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: meghan galewski@twitter http://thebillfold.com/2013/01/is-there-anyone-on-earth-with-as-much-debt-as-me/#comment-50150 meghan galewski@twitter Sun, 12 May 2013 05:55:33 +0000 http://thebillfold.com/?p=22545#comment-50150 Try having that much debt because you went to a fancy private college for undergrad, and got a stupid liberal arts degree and it took longer than 4 years for no good reason, and now you work in the music industry and HAHAH you will actually never make enough to pay it all back HAHAHA no you're not the only idiot, and compared to me you're not an idiot at all. Try having that much debt because you went to a fancy private college for undergrad, and got a stupid liberal arts degree and it took longer than 4 years for no good reason, and now you work in the music industry and HAHAH you will actually never make enough to pay it all back HAHAHA no you’re not the only idiot, and compared to me you’re not an idiot at all.

]]> By: Nathan http://thebillfold.com/2013/01/is-there-anyone-on-earth-with-as-much-debt-as-me/#comment-44403 Nathan Thu, 18 Apr 2013 04:09:32 +0000 http://thebillfold.com/?p=22545#comment-44403 you're not the only one. i have 250,000 and i make 110-120,000 a year before taxes. i'm actually clinically depressed over this matter and hopefully will pull myself out of this mental rut soon. you’re not the only one. i have 250,000 and i make 110-120,000 a year before taxes. i’m actually clinically depressed over this matter and hopefully will pull myself out of this mental rut soon.

]]> By: WaityKatie http://thebillfold.com/2013/01/is-there-anyone-on-earth-with-as-much-debt-as-me/#comment-33068 WaityKatie Thu, 31 Jan 2013 19:26:25 +0000 http://thebillfold.com/?p=22545#comment-33068 @josefinastrummer Most people I know from Georgetown have never even heard of Temple, but everyone I know in Philadelphia thinks it's equivalent to Harvard, if not better, so there you go. I know a lot of Temple grads that are employed as lawyers, but almost all of them are in Philadelphia or other parts of PA. @josefinastrummer Most people I know from Georgetown have never even heard of Temple, but everyone I know in Philadelphia thinks it’s equivalent to Harvard, if not better, so there you go. I know a lot of Temple grads that are employed as lawyers, but almost all of them are in Philadelphia or other parts of PA.

]]> By: WaityKatie http://thebillfold.com/2013/01/is-there-anyone-on-earth-with-as-much-debt-as-me/#comment-33067 WaityKatie Thu, 31 Jan 2013 19:25:04 +0000 http://thebillfold.com/?p=22545#comment-33067 @spectacularisms I would disagree that any law school is worth any amount of money this year. Have you read the news? Half of grads aren't getting jobs and going to a fancy school does NOT guarantee you any kind of legal job, let alone a good one. @spectacularisms I would disagree that any law school is worth any amount of money this year. Have you read the news? Half of grads aren’t getting jobs and going to a fancy school does NOT guarantee you any kind of legal job, let alone a good one.

]]> By: WaityKatie http://thebillfold.com/2013/01/is-there-anyone-on-earth-with-as-much-debt-as-me/#comment-33066 WaityKatie Thu, 31 Jan 2013 19:23:36 +0000 http://thebillfold.com/?p=22545#comment-33066 Argh, no! Golden handcuffs can't mean "being shackled by massive debt to X job," can it?? I thought golden handcuffs referred to a really well paying, comfortable job that you maybe don't particularly love but don't want to leave because it's so financially comfortable. Debt-shackling is more like lead handcuffs. Argh, no! Golden handcuffs can’t mean “being shackled by massive debt to X job,” can it?? I thought golden handcuffs referred to a really well paying, comfortable job that you maybe don’t particularly love but don’t want to leave because it’s so financially comfortable. Debt-shackling is more like lead handcuffs.

]]> By: Sorbee http://thebillfold.com/2013/01/is-there-anyone-on-earth-with-as-much-debt-as-me/#comment-32917 Sorbee Thu, 31 Jan 2013 00:35:15 +0000 http://thebillfold.com/?p=22545#comment-32917 @spectacularisms Taking this opportunity to pile on the tax code: Aside from student loan deduction (obvs) we get like, zero tax breaks. As a couple, we are solidly middle class renters and there is NOTHING in the tax code for us. I spent years as a CPA working on other people's taxes and I am still gobsmacked at the benefits other people (who, um, CLEARLY didn't need it from the looks of their AGI) got from itemizing stuff. Taxes are seriously effed up. @spectacularisms Taking this opportunity to pile on the tax code: Aside from student loan deduction (obvs) we get like, zero tax breaks. As a couple, we are solidly middle class renters and there is NOTHING in the tax code for us. I spent years as a CPA working on other people’s taxes and I am still gobsmacked at the benefits other people (who, um, CLEARLY didn’t need it from the looks of their AGI) got from itemizing stuff. Taxes are seriously effed up.

]]> By: spectacularisms http://thebillfold.com/2013/01/is-there-anyone-on-earth-with-as-much-debt-as-me/#comment-32911 spectacularisms Wed, 30 Jan 2013 23:51:25 +0000 http://thebillfold.com/?p=22545#comment-32911 @Sorbee Ugh, that is the worst... Honestly even in equitable distribution jurisdictions like the one I live in, my husband and I regularly contemplate divorcing for the tax breaks. We are only 95% joking. Seriously it's absurd how the tax code screws you if you aren't in a 1950s (one spouse non-working) marriage. @Sorbee Ugh, that is the worst… Honestly even in equitable distribution jurisdictions like the one I live in, my husband and I regularly contemplate divorcing for the tax breaks. We are only 95% joking. Seriously it’s absurd how the tax code screws you if you aren’t in a 1950s (one spouse non-working) marriage.

]]> By: margaretcatwood http://thebillfold.com/2013/01/is-there-anyone-on-earth-with-as-much-debt-as-me/#comment-32902 margaretcatwood Wed, 30 Jan 2013 23:09:49 +0000 http://thebillfold.com/?p=22545#comment-32902 M.L., i'm in the same boat as you! my debt is right up there with yours, and i graduated law school in 2009. after two years of sketchy, unstable employement, i finally found a decent lawyer job (not a biglaw associate). while it pays me a decent enough salary for NYC, i can still barely chip away at my loans. if someone had told me this would happen before i had gone to law school, i never would have gone. M.L., i’m in the same boat as you! my debt is right up there with yours, and i graduated law school in 2009. after two years of sketchy, unstable employement, i finally found a decent lawyer job (not a biglaw associate). while it pays me a decent enough salary for NYC, i can still barely chip away at my loans.

if someone had told me this would happen before i had gone to law school, i never would have gone.

]]> By: themegnapkin http://thebillfold.com/2013/01/is-there-anyone-on-earth-with-as-much-debt-as-me/#comment-32880 themegnapkin Wed, 30 Jan 2013 21:43:14 +0000 http://thebillfold.com/?p=22545#comment-32880 @spectacularisms it really depends what you're going for. If you want to work at a big firm, then the name of your law school matters a lot. If you're interested in different options (not necessarily less sought-after options - good non-profit environmental law jobs are really hard to get), then the prestige factor is less important, and other things, like commitment to the cause is more important. What's a huge problem, though, is that less prestigious =/= less expensive. A few lucky ones get scholarships, but most people still end up paying $250k for Northwest South Nowhere College of Law, and end up nowhere. @spectacularisms it really depends what you’re going for. If you want to work at a big firm, then the name of your law school matters a lot. If you’re interested in different options (not necessarily less sought-after options – good non-profit environmental law jobs are really hard to get), then the prestige factor is less important, and other things, like commitment to the cause is more important. What’s a huge problem, though, is that less prestigious =/= less expensive. A few lucky ones get scholarships, but most people still end up paying $250k for Northwest South Nowhere College of Law, and end up nowhere.

]]> By: josefinastrummer http://thebillfold.com/2013/01/is-there-anyone-on-earth-with-as-much-debt-as-me/#comment-32824 josefinastrummer Wed, 30 Jan 2013 19:26:16 +0000 http://thebillfold.com/?p=22545#comment-32824 @spectacularisms That's what they tell you to spend all that money at the fancy school, isn't it? Do you think those other law schools would still exist if no one was working? People from Georgetown love to say Temple Law School is a joke. That makes me laugh because I know plenty of lawyers who went to Temple and working. As lawyers. @spectacularisms That’s what they tell you to spend all that money at the fancy school, isn’t it? Do you think those other law schools would still exist if no one was working? People from Georgetown love to say Temple Law School is a joke. That makes me laugh because I know plenty of lawyers who went to Temple and working. As lawyers.

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