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Author: repowmn Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 310321  
Subject: Re: Keeping CC debt! Date: 4/16/2001 8:28 AM
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Thanks, Seattle and xraymd for the enlightening posts on student loan debt. I have been feeling a little dismal about my debt ever since I stopped paying off the interest each month. When I did that I felt it was truly necessity [I think it was the day my husband and I faced the music about the fact that our CC debt was 34,000 ***and rising**] but it still doesn't feel good.
I realize I took dzerkle's post too personally; I guess the post awakened some of my own demons.

Also, it has been interesting considering some of the differences between MD and JD debt, the primary one being the length of time the loan has to sit there before you (hopefully) start earning "real" money -- three years for JDs, 4-7 for MDs.

I've mentioned this before, but there are times when I feel really stupid for going to professional school at all. If I had continued to climb the ladder at my previous job, it never would have made me rich, but then neither will my law job. I believe now that it's not how much you earn that matters but how you direct your cashflow...and I see my JD program as an extremely expensive employee training program that will keep me in indentured servitude for years to come.
I don't mean to sound like I expect to hate my work; of course I find the law interesting or I wouldn't have gone into this field. But it would have to be pretty darn exciting to be worth $120,000 and tons of time away from my family, wouldn't it?
Well, I'm off to class now. ;-) See you all later when I'm procrastinating studying my worst subject, in which the exam is two weeks away.
{wishing she could snap her fingers and have it be June already}
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