In the summer of 2010, I completed school at New York University, where I received a B.A. and an M.A. in English literature, with more than $100,000 of debt, for which my father was a cosigner ---- In May, I got a freelance contract with a newspaper that within a year would hire me full-time—paying me, after taxes, roughly $900 every two weeks --- Now thirty years old, I have been incapacitated by debt for a decade. --- My debt was the result, in equal measure, of a chain of rotten luck and a system that is an abject failure by design.
No salary research prior to racking up 100k in debt for EL degree? Did the dude think the world would hand out 250k yr for reciting nursery rhymes to toddlers?
He should have studied something useful. And when he realized his mistake he should have switched to a more lucrative field. He could have got his teaching certificate, gone to Nome, Alaska, and taught for four years upon which time they’d forgive all his debt. Hell it might be only three years
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In May, I got a freelance contract with a newspaper that within a year would hire me full-time—paying me, after taxes, roughly $900 every two weeks
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Now thirty years old, I have been incapacitated by debt for a decade.
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My debt was the result, in equal measure, of a chain of rotten luck and a system that is an abject failure by design.
https://thebaffler.com/salvos/looks-like-debt-to-me-miller