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arwedgorella t1_itlh3cy wrote

Reply to comment by kmkkllk3 in Where Are the Free Housing Attorneys NYC Promised to Tenants Facing Eviction? - Hell Gate by LittleWind_

This. I did a law school clinic at Legal Aid Housing and they are hiring but nobody is applying due to the low pay and insane workload. Each lawyer there has a caseload of 50-80 clients at any given time. With that many clients at once, it’s extremely difficult to give your full attention to every one of your clients. It’s an important job, but unfortunately the pay is too low to attract many attorneys, many of whom are 6 figures in debt.

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mrpotatoe3044 t1_itm369i wrote

This isn't true. Legal Aid jobs are quite competitive in NYC.

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[deleted] t1_itlhb77 wrote

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KaiDaiz t1_itli50o wrote

Or work in private sector and pay off loan faster. After 10 yrs making income based payments and if paperwork goes through successfully- you practically paid off or near the principle by then anyway

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DoctorK16 t1_itms4gx wrote

I’d have to agree with you. It’s simply not worth it financially to work for places like legal aid unless you have money already. When it comes to paying back student loans, forget about it. It’s really a shame because if these places paid more (it’s not like they don’t have the money) they wouldn’t have to have attorneys with 60 cases at a time.

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[deleted] t1_itlwub1 wrote

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KaiDaiz t1_itlz4f3 wrote

IBR wont be that low unless they doing min wage job and expecting no wage increase entire 10 yrs. Use this calculator. Say 60k job with some growth single with 220k student loan. Look how under IBR the balance paid in the 10 yrs already exceeds the principle.

https://studentloanhero.com/calculators/student-loan-income-based-repayment-calculator/

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[deleted] t1_itm03rw wrote

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KaiDaiz t1_itm1555 wrote

Fine didn't notice the 25 yr calculations from that calculator. Regardless wont be 200-250 a month as you state. Using avg public defender salary in nyc of 80k and your 220k debt in this calculator.

https://www.studentloanplanner.com/public-service-loan-forgiveness-pslf-calculator/

So to save 225k -still a lot of checks you have to meet and what ifs to successfully last the entire 10 yrs for loan to be forgiven. Congress can easily can program if they want during budget negotiations. Which did came up during last tax cut debate. You want to hinge all that uncertainty by working at a job that offer less pay, limited networking, limited options of switching jobs and career opportunity for 10 yrs?

Especially the early years of career that will define your earning potential for rest of career. Factor all that, saving that 225k not worth it for many.

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mrpotatoe3044 t1_itm3b8d wrote

Any "canning" can't be retroactive since PSLF is literally written in the promissory note of these loans.

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KaiDaiz t1_itm412n wrote

Still a lot of uncertainty and career tradeoffs ...can easily see why ppl don't see PSLF that compelling.

If you dead set on being a public defender or working for employer that qualifies for 10 yr go ahead. Not many be willing to work with that limitation.

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mrpotatoe3044 t1_itm4n57 wrote

For sure that's a genuine con of PSLF, you have to be public interest for at least 10 years, just not the possibility of PSLF getting scrapped midway through- they'd have to be grandfathered in still.

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LikesBallsDeep t1_itlwua0 wrote

You're entitled to your opinion, but clearly the lawyers themselves, presumably a decently intelligent bunch, are deciding it is not a good deal.

Or do you think they just haven't heard of PSLF?

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[deleted] t1_itlxfgt wrote

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LikesBallsDeep t1_itly8za wrote

Right..

> it’s supposed to be for people who want to work these jobs, but it wouldn’t be financially possible to without it

Except a lot of the time you end up fucked and not getting it anyway, so you risk putting yourself in a financially impossible situation 8 years into it. Does that sound like a great offer?

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b1argg t1_itrsebj wrote

Yeah Trump's DoE started fighting applicants

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