I have a student loan to pay off that's around that amount, and I was employed at a web startup right out of school making a whopping $42,000/yr after taxes. Ca

I have a student loan to pay off that's around that amount, and I was employed at a web startup right out of school making a whopping $42,000/yr after taxes. California rent is $1,000/mo. If I paid the whole loan off in a year, I'd be in the negative after interest. For what it's worth, I did quit; partially because the pay was so low for the 55 hours of week they expected developers to put in. I know this is only anecdotal, but shit does indeed happen.