I graduated from law school 6 years ago with $250,000 of student loan debt. But after years of hard work and tens of thousands of dollars of payments, I can officially say that I now owe $315,000.
Hooray!
Matt Lane
28.6K posts
Matt Lane
@MattLaneWrites
I write books, read and write contracts, and explain the law to normal people. Money nerd, and I have a trophy to prove it. Future publisher.
Joined July 2016
- There's been a lot of terrible news recently, but I feel like we skipped over the fact that SCOTUS last week said that "innocence is not enough" to prevent someone from being executed for a crime that they did not commit.
- I saw my first Cybertruck in person today. I'll admit that they look really stupid online, but when you see one up close it looks way stupider.
- Replying to @MattLaneWritesLots of people saying that I should have thought through school before taking loans and I need more financial education. Fun facts: I did and I don't! The plan is discussed more in the comments and I write about personal finance (among other things) here: optimizeyourlife.co/category/money/
- An affront to the state! Thomas said that there was so much evidence of his innocence that it would be an undue burden to make the state look at it all! The whole thing is bonkers.
- On Hannity, Truth Social, Newsmax - all the places where it is legal to flat out lie - Trump is saying that he declassified all the documents. In court, where there are consequences to lying, Trump refuses to say on record that he declassified anything at all.
- Replying to @alawyerhermoney and @Done_by_FortyI'm mostly okay with it. I made my decision to go into public service rather than taking a big paycheck, so the numbers get ugly but the IBR payments are manageable and the debt will go away after 10 years of service. There are times I wish I had more flexibility, but alas.
- Hey, man. I'm not a PR expert, but I think I would've gone for a different outfit and chair to deliver this message.King Charles announces that UK Prime Minister Rishi Sunak's government will "continue to take action... to ease the cost of living for families" trib.al/qO6ywcl
- Replying to @StIroningShirtsYep. There's a plan in place. I'm not the dumbass that all the strangers in my mentions seem to think I am. 🤣
- Someone suggested I check out a guy named Dave Ramsey after saying I need more financial education. Bruh...I'm a personal finance writer!
- Replying to @FelicityFFF and @Done_by_FortyYeah. Can't take something unless I'm sure it would qualify for forgiveness, which is a gray area for a lot of non-profits. Also can't take mini-retirements or quit a 9-5 to freelance or be a stay-at-home dad.
- Not buying lunch at work has saved me about $150/month, although some of that is offset by higher grocery spending. Not paying for daycare and student loans has saved me around $7,000/month. Can we all shut up about the latte factor?
- Not supporting public health initiatives until the illness affects you personally is what the founding fathers envisioned.Today I learned that Benjamin Franklin aggressively protested against the smallpox vaccine until his own son died of the disease and he went on to strongly revoke all of his former anti-vaxx views.
- Tell me again how Millennials can't afford homes because they're just less financially responsible than Boomers were
