Hi all, I’m an almost lawyer, bar results come out in 3 days. I have an offer for an attorney job that will pay $87.5k per year, with a move to $92.5 at a year and 100k the next year. I have the opportunity to live with family and pay around $700 a month for rent and utilities. I’m currently on an ICR plan paying $0 because I’m unemployed.

    I have about 190k in loans between undergrad and law school with varying interest rates from 7%-10%. The 10% loans are pretty small and I want to try and pay them off quickly.

    My plan right now and please tell me if this is dumb, I’m a lawyer not an accountant 😂 I’ll be taking home about $5500 a month in my state, and I’ll have medical and dental and vision insurance fully paid for. my plan is to try and throw $2500 at my loans a month at least. I also do a few side hustles that generate a few hundred a month that I’m planning on throwing at loans.

    Should I stay on ICR? Should I move plans? My plan if I stay in my job for three years is to increase my monthly payment everytime I get a raise

    I have the crazy dream of getting these bad boys paid off in 10 years or under.

    JD grad about to start making $87.5k
    byu/Violet818 inStudentLoans



    Posted by Violet818

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