How to Pay Off Your Student Loans Super Fast!

 

So, I was diligently researching the internet tonight trying to find someway, somehow, to escape this medical hell I am in and came across the following possibility.  Check out what this Stanford Law Student did to wipe out her six figure student loan debt:

  http://www.mercurynews.com/ci_10600922?IADID=Search-www.mercurynews.com-www.mercurynews.com

So I figure, since I am already whoring away my dignity and time, I must as well get paid like an Elliot Spitzer high class 5 diamond call girl.  Instead, I am being paid as if I am some fat meth addicted edentulous washed up 50 year old back alley Atlantic City hoe who should feel grateful for getting ten dollars an hour after providing some yum yum.  Smart chick- except for the tax evasion part.

Doctor/Lawyer Couple in $532,000 Debt!

I saw this clip this morning on the Today Show about a doctor/lawyer couple in $532,000 debt!    I can't help but think how overly screwed they are.  This poor couple needs more than a money makeover, they need a money "do over".   Just to pay the interest on that monster will take 50K a year in gross income (30K after tax assuming average interest rate of 5-6%).  That is more than a medical resident's salary-  is slaving away 80 hours a week for a whole year under incredibly stressful conditions working with malignant personalities in a skanky smelling cesspool hospital worth it TO JUST PAY THE INTEREST.  Can you say OUCH!!!  And don't even get me started on how this prominent doctor/lawyer couple is being shipped off to the Siberia of America- Buffalo. 

Watch and see for yourselves modern day slavery in action.  Let's think about this for a moment.  Sacrifice away your twenties in school with mushrooming debt followed by your thirties paying it down to just break even.  Now you get to toil away like a work horse in your forties playing catch up to everyone else who started earning and putting away money very early on.  Again, is it really worth it- go all through that to wind up a Siberian slave?

http://www.msnbc.msn.com/id/22425001/vp/26494902#26494902