Thursday, June 03, 2010

Really? You didn't see THAT coming?

From the New York Times via WSJ.com's Best of the Web column:
Like many middle-class families, Cortney Munna and her mother began the college selection process with a grim determination. They would do whatever they could to get Cortney into the best possible college, and they maintained a blind faith that the investment would be worth it.

Today, however, Ms. Munna, a 26-year-old graduate of New York University, has nearly $100,000 in student loan debt from her four years in college, and affording the full monthly payments would be a struggle. For much of the time since her 2005 graduation, she's been enrolled in night school, which allows her to defer loan payments
Quite the sob story, right?
She recently received a raise and now makes $22 an hour working for a photographer. It's the highest salary she's earned since graduating with an interdisciplinary degree in religious and women's studies.
$100,000 for a degree in religious and women's studies, and she's surprised that she just wasn't handed a job allowing her to pay back her loans? Nuts. This kind of silliness reminds me of someone I knew in Tucson who got a masters in education from Arizona as an out of stater in special education and was frustrated as to why they couldn't pay back their 100,000 dollar loan. Duh.

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