A recent post from abovethelaw.com, a popular blog for lawyers, highlights the current struggle many new lawyers are facing: how to pay off student loans and still live the American dream, i.e. buying a house and starting a family. The article points out the disconnect between the cost of a legal education and the salaries of recent law school graduates as an indication that people are starting to be priced out of the law school market, even if they are fully employed as lawyers after law school. The salaries just don’t cover the cost of education anymore.
If you are a young lawyer and your new year’s resolution is to get rid of student loan debt and get on the path toward saving for a down payment, then contact a debt settlement attorney. Just writing the New Year’s resolution down is not enough. Get advised on how you can substantially reduce private student loan debt and other high-interest unsecured loans. You do not have to be crushed by the weight of student loans. Make your goals happen in 2015.
Author: Kevin Fallon McCarthy