« on: March 20, 2006, 05:38:41 PM »
people are seriously underestimating the sociopsychological effects of say a 55-60 hour work week and a 75-80 hour work week. I would argue working this long and hard pretty much requires one to eat out, go on a lavish vacation to get away, buy nice clothes, etc. to make the experience feel worth it (one will not have time to cook, buy in bulk, and count their pennies). Also, to equivocate between being 22 and right of college and 25-26 (later for most) and right of law school is a mistake. Unless you are living with a significant other and/or planning to start a family (which in and of itself will require more expense-- although if both are working that will offset) or you are extremely introverted and do not want to let loose/live the few hours you have to socialize in a given week, I think it is extremely unreasonable to think that one will be able to live that frugally especially in the markets that pay the big bucks. If you already have a trust fund and/or don't mind the tradeoffs aforementioned, go for the debt! Otherwise, carefully consider what you're getting yourself into when you decide to borrow $100,000+ instead of $40,000 or less.