derek bomar;690037 wrote:One of my best friends has been out of law school for 2 years and is right now clerking...he's I think about ready to give up and just try and do something else. Luckily, his gf is one of the lucky law students who has a six-figure income to start, but they both have over 100k in debt, so it's not like they're rolling in cash.
Also, my sisters dbag ex bf is in law school now and I couldn't be happier knowing he's going to have a shit load of debt and no way to pay it back (my money is on him not getting his dream Sports Agent Job)
Sounds like your buddy's girlfriend has a nice opportunity, hope she makes the most of it. But aside from the total bullshit salary reports in US News (which was BS when I graduated, and that was when the economy was great), it is misleading to young people who see that and think it is a job for life. They see the average starting salary of $85,000 and think that this is the lowest they will ever make - assuming they find an employer, but in reality it is a short-term gig if you get "Lathamed" or "perma-deferred" which has happened to a lot of people in the '08-'10 classes.
Not to completely hijack the thread, but our collective debt burden is unsustainable, and one of the biggest culprits is higher education. I graduated in '99 paying out of state tuition of approximately $19,800 and lived in a farmhouse with 3 roommates with $250/month rent each. Currently it is $47,500 for tuition alone and $67,700 estimated for books and living expenses.
This will turn into a crisis, it isn't a question of "if" but one of "when".