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Updated almost 3 years ago,

User Stats

34
Posts
9
Votes
Steve Hyduchak
  • The Poconos, PA
9
Votes |
34
Posts

HELP! Should I stick with law school or start my life?

Steve Hyduchak
  • The Poconos, PA
Posted

Hey Guys and Gals,

This is not your typical post on BP but, since y'all are going to be similar to me and looking at things from a financial sense I would like to hear your opinions. And a lot of you have experience with what I would eventually like to get into also.

First off, I graduated from a state university with an undergrad in Finance then decided to make the plunge into law school. Moved down to North Carolina and am currently a 1L law student. Took out a 25k graduate loan that has a 6.9% interest rate that is accruing from the moment taken out, even while in school and now I am scared.

Law school is okay, I am top 30% in my class which is okay, but the debt concerns me. As you all know lawyers are a dime a dozen. The market is saturated and I am seeing that even for an "unpaid internship" the market is competitive! It disgusts me. I am questioning whether I made the right financial choice and have plans to finish my 1L year and move on with my life.

At the end of the day I do things as most of you that benefit me financially and will make my life more comfortable. Multiple people and attorneys told me to be weary of law school but I said, "no I will be the exception" and get those high paying jobs. Now I am thinking I may have made a mistake.

I guess I was hoping if any of you are attorneys or have experience with them in real estate what you thought or recommend? Just trying to learn from people's experience that have gone through what I am doing and what others can see.

Thanks in advance!

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