How I Paid Off $112,000 in Law School Debt in 18 Months

Photo by Pixabay on

You may also like...

14 Responses

  1. i wasn’t as young as you and didn’t make lawyer money but i made quite a bit for my technical support role in manufacturing 10 years ago. we were paid hourly and i worked a ton of extra hours to make about 40k in student loans go away in my late 30’s/early 40’s. like you, i didn’t “spend” that extra but bought myself future freedom. after that i put a lot of the extra towards our mortgage and we’ve been 100% debt-free for years. now i can say no to all that extra work and longer hours and that’s what i do. it goes to show you that it’s never too late to get things straight.

  1. October 28, 2019

    […] one to pay off  law school debt, is to reduce law school debt. That is, take out fewer loans. Though it doesn’t seem like you […]

  2. October 28, 2019

    […] interest while you’re in school). This meant that I could aggressively pay my loans off in 18 months, rather than years. That means, starting in my second year in my law firm, I was debt-free. I did […]

  3. March 24, 2020

    […] This calculator from Bankrate allows you to see how much faster you can get out of debt with recurring payments. Maybe this timeline will inspire you to add more payments, or maybe it isn’t worth the effort. But you’ll know what your options are and whether you want to take them. See also – How I Paid Off $112k in Law School Student Loans in 18 Months. […]

  4. March 24, 2020

    […] save money, and then retire early to THEN focus on one’s passion. And granted, I’m a lawyer, and I’m on a mini-retirement so it would seem like I would agree with that […]

  5. August 17, 2020

    […] saved 50% of my income. In my first job out of law school, making 5x my entry-level salary, I saved 0% because I was aggressively paying off my loans. After I paid off my loans, I was back to 50%. And […]

  6. October 13, 2020

    […] I’m sure you’ve seen the clickbait headlines – paying off hundreds of thousands of dollars in debt in a ridiculously short time. Heck that’s me too: How I Paid Off $112,000 in Debt in 18 Months. […]

  7. October 14, 2020

    […] I was paying down my debt, it felt like I was fighting for every last penny. I’ll feel so much better after my debt is […]

  8. October 14, 2020

    […] I had paid off my student loans years earlier by being a diligent saver. I had even read many “financially independent, early […]

  9. December 1, 2020

    […] after I had paid off my debt and accumulated a certain amount of money, it became less important to save that $7. It didn’t […]

  10. December 7, 2020

    […] is not a tit-for-tat fairness argument. I’m not saying I suffered paying for higher education, so you have to suffer too. No, I’m saying that his plan gets a lot of things right, but it […]

  11. December 22, 2020

    […] there was a lot of talk about student loan forgiveness. Nothing happened and I eventually ended up paying off all my student loans in 2014. Now with President-elect Biden’s impending administration, more people are talking […]

  12. January 3, 2021

    […] get a bad rap for being difficult to date. People think we are all about arguing. We have way too much debt, are too obsessed with our jobs, and our outfits are too cute (ok I’m throwing in a […]

  13. January 4, 2021

    […] loans are so monumental that you should carefully consider them before law school, during, and while you’re working at a law firm. You really need a plan to attack your debt, from law school and […]