Main > Everything Else
time to ask again... how is the job market or econamy to you?
shateredsoul:
hmm you should start by helping that geoshot geo... whatever kid. The ps3 jailbreaker.
ark_ader:
--- Quote from: shateredsoul on February 26, 2011, 12:56:21 pm ---I'm working on my phd and taking my sweet time.. hoping that the job market will be better when I finish.
--- End quote ---
If you are drowning in debt, do you think you should do something about it, or are you considering bankruptcy?
shateredsoul:
Well, I'm married and don't know if I can. I know people, in my same field, who have about 30,0000 more than I do! So, that makes me feel a little better about it.
Honestly, I have considered that option, but since I'm married I don't know how that works. I think my wife and I put together make a pretty ok income and would not be allowed to declare bankruptcy. The thing is that I really don't have the means to pay off any of the debt right now, we split the bills pretty evenly so that leaves me with not very much each month.
The amount of years it will take me to pay my debt back really depends on whether i go into academia or industry after graduating. Academic jobs start at about 50k to 60k (that isn't much for people living in California). From what I hear in Industry you at least start with 60k and I've talked to a research director in an industry job who told me that she makes more than most professors at my University plus she doesn't have to worry about teaching (she still gets to decide the direction of her research too!).
shmokes:
If any of your debt is student loans, just remember that those debts survive bankruptcy. Also, i hesitate to recommend bankruptcy, but it really is a tool that does a lot of good and is good for our economy. If you think you might resort to it, go talk to some lawyers. And I can't stress enough the plural there. Talk to at least three. It will be free. All bankruptcy lawyers give free consultations. A lot will recommend it just so they make some money, though, so be careful and pay attention and ask questions.
shateredsoul:
--- Quote from: shmokes on February 27, 2011, 12:25:30 am ---If any of your debt is student loans, just remember that those debts survive bankruptcy. Also, i hesitate to recommend bankruptcy, but it really is a tool that does a lot of good and is good for our economy. If you think you might resort to it, go talk to some lawyers. And I can't stress enough the plural there. Talk to at least three. It will be free. All bankruptcy lawyers give free consultations. A lot will recommend it just so they make some money, though, so be careful and pay attention and ask questions.
--- End quote ---
oh yeah? then It's probably not an option then, it's all due to student loans. I think it's manageable, and I figure it was an investment in my future.. there's worse things I could be in debt for. I never was really serious about that, and especially now that I know education loans survive. It would have been nice if Obama had helped students out a bit more instead of the banks. Oh well.
Thanks for the info.
Navigation
[0] Message Index
[#] Next page
[*] Previous page
Go to full version