via CNN Money (more examples in the link below):
Michelle Shipley
Student debt: $140,000
Degree: Bachelor’s in political science and international development from Tulane University
Like many, I had no idea what money meant when I was 17. My family is not wealthy. I simply didn’t have the information or knowledge to know what it would be like now.
I had to pay for college on my own and took out loans for everything – rent, food, books, tuition, etc.
Then, during my sophomore year, I lost everything to Hurricane Katrina. I finished my degree, but continued to take loans to make it possible.
I’m now working at a non-profit and I love it — but I don’t make much. I’ve been able to put off the payments through forbearance, but I know the $1,400 a month bills are coming soon. Not to mention, I’ve also racked up about $7,000 in credit card debt.
My debt is a life-swallowing, all-consuming, hole in my life. No college degree is worth that.
via degree-not-worth-debt-cnnmoney: Personal Finance News from Yahoo! Finance.
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