Open Side Menu Go to the Top
Register
***The Official 2012 Merge Regulars Thread*** ***The Official 2012 Merge Regulars Thread***

02-21-2012 , 06:36 AM
Quote:
Originally Posted by UCDLaCrosse
there is something interesting to me about having an undergrad degree from a UC with a ~2.0 and still trying to get another Bachelor's Degree from a state school so I don't look like a total fool when I decide what to do with my life post grad. Bad idea or no? The money says "YES BAD IDEA" but who doesn't have debt when they are done with school? Going to have close to 200k~ in debt when I graduate law school.

inb4lolatthisguy
I can absolutely promise you this is a bad decision if you don't destroy the LSAT and get into at least a T1, T-14 to be safe...and without a stellar GPA that means 170+ which is extremely tough

If you attend an average or bad school, you HAVE to be top 10-15% in your class (which is obviously extremely hard) to have a chance at a decent job, otherwise you get stuck with some crappy 40-50k/yr job, and after taxes/loans w/ interest you are making 25k-35k

A good route imo if you aren't fully committed or don't have the gpa/lsat to get into a good school is paralegaling, they make decent money without all the law school debt
02-21-2012 , 07:00 AM
Or.... you could go this route


02-21-2012 , 07:02 AM
Quote:
Originally Posted by MaliceUW
The problem is if you aren't making a lot, you may be satisfied just making 40-80k/yr or whatever for now, but that isn't going to allow you to retire early and the thought of 'grinding' in your 30's/40's/50's/60's seems ridiculous.

Also, most poker players are terrible with money, no clue how to save/invest
dont worry poker isnt the whole life plan. i'm going to grind until i have 300k saved up then open one of those payroll advance 59% interest scam poor people stores.
02-21-2012 , 07:07 AM
scamming poor people doesn't seem like the most +ev move...
02-21-2012 , 07:19 AM
Quote:
Originally Posted by Tumaterminator
you guys under estimate how hard it is to make 100k in a year in the irl, or 60k+ fixed salary.
eh average starting salary for my major from my school is something like 65k/yr I think? And I hardly go to a top school or anything...

And I'd much rather make 65k+benefits plus be able to play poker on the side/have decent resume/job security (yes I realize people get laid off but I guarantee you prospects of having a well-paying job in 20 years if I get real job out of college >>>>>> if I have a huge resume gap from playing poker) than make 100k/yr without benefits and with all the variance poker brings.
02-21-2012 , 07:48 AM
alright but whatever you are studying makes you an outlier, you realize that? + costs/time/failure

the only direction from Michigan(the school) where people were looking at 60-70k entry w/o grad school was finance and industrial engingeering iirc
02-21-2012 , 07:51 AM
Quote:
Originally Posted by MaliceUW
scamming poor people doesn't seem like the most +ev move...
oh quite the contrary, as has been proven time and time again.
02-21-2012 , 07:53 AM
Quote:
Originally Posted by zachvac
eh average starting salary for my major from my school is something like 65k/yr I think? And I hardly go to a top school or anything...

And I'd much rather make 65k+benefits plus be able to play poker on the side/have decent resume/job security (yes I realize people get laid off but I guarantee you prospects of having a well-paying job in 20 years if I get real job out of college >>>>>> if I have a huge resume gap from playing poker) than make 100k/yr without benefits and with all the variance poker brings.
This happens when people think the company owes them something. When you are working and making money for the company this rarely happens.

I know I continue to work (sometime just show up right now because how slow the construction biz is) because I always make the company money.

I think those of you that would rather "grind" than get an education are being short sighted. They can never take away your degree and the older you get the harder it is to pursue a degree because life gets in the way.

Oh and grinding when you are in your 50's is no big deal.....as long as it's not your sole income.
02-21-2012 , 07:59 AM
Quote:
Originally Posted by StungEm
All this tax talk while my w2 from this weekend sits in front of me reading $17k+ in taxes owed is really hurting my head.... Or was this just an excuse for a sick brag...
Get better at paying taxes quarterly....then you will only owe 5-6k in April. It is always better to owe then get a refund......government doesn't pay interest on early payments.
02-21-2012 , 08:00 AM
the irony is most of us will be single forever thus all of this is entirely moot
02-21-2012 , 08:29 AM
Quote:
Originally Posted by raradevils
Get better at paying taxes quarterly....then you will only owe 5-6k in April. It is always better to owe then get a refund......government doesn't pay interest on early payments.
It's actually better to not pay quarterlies and keep that money invested througout the fiscal year since the interest rate is minimal
02-21-2012 , 10:47 AM
Quote:
Originally Posted by UCDLaCrosse
yeah but RAW, there are ways to diversify so that even if poker leaves, you still don't have to do that stuff.

I realize poker can GIVE you the means to do so, but so can real life work/careers. Maybe I am just a big nit but with what I've been through I can say whole-heartedly that undermining your education is a big no-no.

I am conitnuing mine and finishing it and I hopefully will be on a much better path.

I hope one day it gives me my means to diversify.

there is something interesting to me about having an undergrad degree from a UC with a ~2.0 and still trying to get another Bachelor's Degree from a state school so I don't look like a total fool when I decide what to do with my life post grad. Bad idea or no? The money says "YES BAD IDEA" but who doesn't have debt when they are done with school? Going to have close to 200k~ in debt when I graduate law school.

inb4lolatthisguy
[ ] good idea
[ ] debt can be cleared through bankruptcy
[x] will be a debt serf
02-21-2012 , 10:56 AM
the idea of owing 200k makes my balls disappear
02-21-2012 , 11:06 AM
Quote:
Originally Posted by MaliceUW
It's actually better to not pay quarterlies and keep that money invested througout the fiscal year since the interest rate is minimal
There are penalties if you owe too much to the government. It's not alot (100-200) depending on the amount owed. With amount you get on your investments it may be an even swap right now.
02-21-2012 , 11:10 AM
Quote:
Originally Posted by RAW_FORCE
the idea of owing 200k makes my balls disappear
We paid for our kids school so they wouldn't be carrying that kind of debt to start life. They were also encouraged to attend community college for the first 2 years then they went to a four year program knowing what they wanted to do for a career. Both took 3 years at the junior school before moving on....
02-21-2012 , 11:18 AM
Quote:
Originally Posted by UCDLaCrosse
yeah but RAW, there are ways to diversify so that even if poker leaves, you still don't have to do that stuff.

I realize poker can GIVE you the means to do so, but so can real life work/careers. Maybe I am just a big nit but with what I've been through I can say whole-heartedly that undermining your education is a big no-no.

I am conitnuing mine and finishing it and I hopefully will be on a much better path.

I hope one day it gives me my means to diversify.

there is something interesting to me about having an undergrad degree from a UC with a ~2.0 and still trying to get another Bachelor's Degree from a state school so I don't look like a total fool when I decide what to do with my life post grad. Bad idea or no? The money says "YES BAD IDEA" but who doesn't have debt when they are done with school? Going to have close to 200k~ in debt when I graduate law school.

inb4lolatthisguy
Like working at Target amirite?

Care to wager on the 2nd bolded part? I put it at a 0.000000000000001% chance you ever graduate from a Law School. PM me for details on bet.
02-21-2012 , 11:19 AM
Quote:
Originally Posted by raradevils
There are penalties if you owe too much to the government. It's not alot (100-200) depending on the amount owed. With amount you get on your investments it may be an even swap right now.
it's just a matter of weighing the penalty interest rate vs. your average return in the market, which is higher.
02-21-2012 , 11:40 AM
Les gtfo of here with your' hate. You're such a piece of **** and must live a miserable life, to come on here and hate as much as you do.

No one can have so much hate to spew without something terribly wrong in their life. Maybe dump your skinny bitch and going for a fat one will help.
02-21-2012 , 11:54 AM
^personal attack itt
02-21-2012 , 11:54 AM
bought lots of NUGT Friday, weeeeeee
02-21-2012 , 12:50 PM
Quote:
Originally Posted by david duval
Like working at Target amirite?

Care to wager on the 2nd bolded part? I put it at a 0.000000000000001% chance you ever graduate from a Law School. PM me for details on bet.
i dont understand why everyone has to take a **** on someones goals everytime does it make you feel better about ur ****ty ****ing life why cant he graduate law school? is he not intelligent enough can he not accomplish anything he puts his mind too? ur just a pussy who has to come on a stupid nerd forum... not saying yall are needs to make one feel better about being a ****ing loser.. i bet julien has a way higher chance of graduating law school then u do of actually having a girl talk to you and get some pussy withought paying for it
02-21-2012 , 01:06 PM
OK, we get it. les is not a cool cat. let it go.

les, do not rebuttal please. these guys put their toe on the line and I noticed.
02-21-2012 , 01:08 PM
i believe he goes by david now
02-21-2012 , 01:18 PM
sorry, SA..... worm gunna worm. (meaningful undertone)
02-21-2012 , 01:22 PM
Quote:
Originally Posted by MaliceUW
I can absolutely promise you this is a bad decision if you don't destroy the LSAT and get into at least a T1, T-14 to be safe...and without a stellar GPA that means 170+ which is extremely tough

If you attend an average or bad school, you HAVE to be top 10-15% in your class (which is obviously extremely hard) to have a chance at a decent job, otherwise you get stuck with some crappy 40-50k/yr job, and after taxes/loans w/ interest you are making 25k-35k

A good route imo if you aren't fully committed or don't have the gpa/lsat to get into a good school is paralegaling, they make decent money without all the law school debt
very strongly this. i have plenty of friends in law school, and this is exactly what i hear.

graduating law school isn't a ticket to getting a job in law. the law market is just like any other, and given how ****ty everything is right now, people have gotten squeezed like never before. you used to be pretty golden graduating any school in the top 50, but now you're pretty much only set in the top 5 or maybe top 14 (set as in can graduate at bottom of class).

i have a friend at emory right now who's bottom 1/4 of his class, and is basically ****ed. he was one of those low gpa/high lsat cases. i don't get why they let people in who never have accomplished much academically, but he's pretty much getting the same grades he always has (low-mid bs).

do your research before making an investment (so much time and money) like this. be realistic about yourself and your goals.

edit: also, law school is where strat strat was founded. some cut throat mother****ers there.

Last edited by vinivici9586; 02-21-2012 at 01:38 PM.

      
m