did anyone here graduate with 100k or more in debt from undergrad and how long did it take you to pay it off?
what role(s) helped pay it off quickly if you did?
for context if anyone is at Bain I am incoming FT at Bain after graduation so appreciate any insight
damn bro
Its less about the role here and more about you. True, if you come out of college making $2M, you could probably pay it off faster than if you make $200k (even $200k if you cut a lot of stuff out could probably do it in about 2 years depending on lifestyle). Just do the math without interest. If you throw $6k at it a year, or $500 a month, that's about 16.5 years. $10k a year is 10 years, $20k is 5 years, you get the idea.
Have to do what you think is best. Some will say don't invest/buy a home until its paid off, others will try to arbitrage it. Just do whatever you have to do to sleep at night.
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