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ok so once i graduate, which setting will help me pay off my 200k loan the fastest: retail, hospital, teaching, other???
You're really asking this? Prepare to get smashed by everyone.
7on/7off @ 80hrs/week.word
You're really asking this? Prepare to get smashed by everyone.
At least he's thinking, NOW, about paying off his loans... 😉HaHaHaHaHaHaHaHaHaHaHaHaHaHaHa!!!!!!!
ok so once i graduate, which setting will help me pay off my 200k loan the fastest: retail, hospital, teaching, other???
non-profit hospital w/ IBR + PSLF assuming you have federal loans.
Time to payoff: 10 years, approx. $100k.
and no i'm not gonna answer what IBR+PSLF is again.
You're really asking this? Prepare to get smashed by everyone.
7on/7off @ 80hrs/week.
So that's $54/hr x 80hrs for retail and ~$48/hr x 80hrs for hospital...
$54 x 80hrs = $4,320 x 52weeks (divided by 2) = $112,320
$48 x 80hrs = $3,840 x 52weeks (divided by 2) = + $99,840
.................................................................................
................................................................. $212,160
................................................................ - $84,864 (40% for taxes, etc.)
................................................................................
..................................................................$127,296 profit
OR
You could open your own pharmacy for 80hrs/week.
Note: Certain 7on/7off jobs may reduce your required hours to as low as 70hrs/week, but pay you for 80hrs.
Oh it is a legitimate question that has been beaten to death about 100 times already. It also is mentioned in every other thread. It takes only a pulse to find them.It's a legitimate question. It's funny how so many in our field pretend that potential income has so little influence on career decisions.
Also, it's so sad to realize that doing twice as much work (80hrs/week) puts very little additional cash in your pocket......gotta love taxes 🙄
ok so once i graduate, which setting will help me pay off my 200k loan the fastest: retail, hospital, teaching, other???
If you're concerned about money, go into upper-level management.
😱 thats a lot of ass kissing....
7on/7off @ 80hrs/week.
So that's $54/hr x 80hrs for retail and ~$48/hr x 80hrs for hospital...
$54 x 80hrs = $4,320 x 52weeks (divided by 2) = $112,320
$48 x 80hrs = $3,840 x 52weeks (divided by 2) = + $99,840
.................................................................................
................................................................. $212,160
................................................................ - $84,864 (40% for taxes, etc.)
................................................................................
..................................................................$127,296 profit
OR
You could open your own pharmacy for 80hrs/week.
Note: Certain 7on/7off jobs may reduce your required hours to as low as 70hrs/week, but pay you for 80hrs.
Only on your way thereright? Because once you're up high enough, things should get better, I think.
you still get hit with that much tax even with outstanding school loans??
yepSchool loans play no role in how much tax you pay...you wont get any tax deductions...you make too much money...School loans is still debt...even if you owe the govt...
The question was about paying off student loans. I didn't have to compare salaries. So yeah... there's a difference.
School loans play no role in how much tax you pay...you wont get any tax deductions...you make too much money...School loans is still debt...even if you owe the govt...
School loans play no role in how much tax you pay...you wont get any tax deductions...you make too much money...School loans is still debt...even if you owe the govt...
You could still benefit your first year *IF* your income is at or below approx. $75,000, which is likely if you don't have a part-time job your P4 year and it takes you some time to get a job after graduating and getting licensed.🙁 thats messed up lol. Thanks for clearing that up