June 2012
5 posts
4 tags
'North Korea and student loan debt have this in...
North Korea and student loan debt have this in common: both are difficult to get out of.
At the time of writing, my student loan debt sits over $40,000, divided up into three different loans, which are owned by three different companies. During the five years of owning this debt, those three different loans have changed more hands than I can remember.
When a loan changed hands, which happened...
3 tags
'Maybe one day I’ll go back to school ... but I...
My name is Kyle, I’m 27 and I graduated from ITT Tech in 2008 with a drafting/design degree. At a cost of $40,000. $20k a year, now that’s a lot, but figured it was the first step in the right direction. Before I took up drafting, I use to work as a “housekeeper” for a local medical clinic. That’s really just a fancy way of saying I emptied the trash and cleaned the toilets. It was a dirty job,...
3 tags
'It was only recently that I have been able to...
The decision of taking out student loans was never really a question. Growing up in the mid-90s, the pervasive mentality was that successful people went to college. College people were smart. In an era where everybody was a winner, I was smart, so I was going to college to be successful, regardless of cost.
The initial thought was that scholarships would be prevalent, but they were not, so...
5 tags
'I wish I knew then what I know now, I would not...
I had to go to work right out of high school. Yet ever since I knew what one was I wanted to be a teacher. So with no savings I decided to take out loans. I went to the University of Phoenix online (I still had to work full time) in 2003 and received my Associates Degree in General Studies in 2005. I then found an online accredited teachers college called Western Governors University and...
3 tags
'I don't necessarily think that someone else...
Down But Not Out started as a project to gather the stories of those dealing with long-term unemployment in the summer of 2011. We continue to gather stories of how Americans are coping with a rocky economy. In May, we asked Yahoo News readers about their experiences with student loan debt. We’ll be sharing some of their stories this week.
I like to say I’m a victim of the poor...
