I Pay $900 A Month In Student Loans

[@dabsmoothbeats1174]

All that for a Drama Degree? Now that's some real drama.

[@gabrielleelliott7388]

Right I fill sad for her

[@5000MikeMaster]

Thank you for your comment LOL

[@nitajay8824]

😂🤣

[@sudanesgal]

🤣🤣🤣

[@amylieu6084]

I have one to say COLLEGE BE RACIST

[@christinaherrera6414]

Colleges and universities are not about education any more. They are all businesses.

[@ALLEN-dh5mi]

It was never about education it was just a business like you said.

[@amylieu6084]

DES COLLEGE LOANS RACIST

[@bigbolt5712]

Well u see college at one point was much cheaper than now, but ever since the government started funding colleges less they had to raise the price in an effort to be able to SURVIVE not to make money off people. Yes business is a big factor but if education wasn’t valued as much like your claiming then why would they be paying these professional teachers so much just to teach the students.

[@neilbarc1861]

Agreed 100% !!!

[@shauncameron8390]

@@amylieu6084 Black women are the most indebted in America.

[@siddharthnandi8567]

did she really rent a whole ass house if she is in 100k of debt 💀

[@Mayrita77]

Maybe she’s got a roomie

[@khalmasonart]

I would be sleeping in an RV if I'm 100K in debt

[@aolvaar8792]

@@khalmasonart Doing lethal entries, at a level 4 Bio-weapons lab Doing HVAC filter change outs. Everything paid for room, board, uniforms, internet/cable Like prison but paid very well

[@sebastianpagan2982]

I am sure she is living with roommates

[@ignazs.5816]

She owes $118,000 and all she got was a lousy Tufts University coffee mug.

[@kevinwendel3617]

It’s a big mug!

[@Tabbylover55]

and it's not even a pretty mug!

[@antionygrilmady9044]

Ivy league mug please!!

[@shimmer4771]

Well, if she got her bachelor's, she could work as a teacher. Her degree isn't useless... put it to good use.

[@ignazs.5816]

@@shimmer4771 the bachelor's degree isn't good on its own when it comes to teaching. She'll need credentials which happen to take time and are expensive.

[@meaganangel97]

Are we really gonna blame the system for this? She went to a private university for a drama degree, she’s working as a receptionist and a temp, and it looks like her standard of living is way above her means. Mind you, she’s living in LA...

[@angelawhitehead2889]

Meagan M Agreed, these people act like they are a victim. They want their student loans forgiven because they can’t take responsibility for their actions.

[@aolvaar8792]

@@npineapple3077 went to a HARD school, so I would not be POOR, It worked. I never liked what I did to make a paycheck. I am now retired with $46k/yr + health care. And Ditto for my Wife. Why would you get a degree that does not pay well?

[@purplegirl8036]

Are you sure she’s not living with parents?

[@purplegirl8036]

A Olvaar why would they offer the degree of its worthless at a college? If an auto shop was selling bad tires they would be liable. If McDonald’s sold a rotten sandwich they would be liable. Why are the colleges any different?

[@aolvaar8792]

@@purplegirl8036 I had a friend get a degree in Fine Arts from a very expensive school. I asked why? My family Trust gives me $200K/yr so I don't starve. Wrong Analogy: If a tire shop sold you the cheapest made and told you that you could have the best tire made for cheaper, And you said " I like how the cheap tire looks" She got a degree in Drama from Tufts More expensive than Harvard. With a 1450 SAT entrance, she could have gone to an engineering school.

[@michellemarie1197]

Theres nothing wrong with community college folks

[@rons.6683]

OfficialMichellemarie 26 Several of my instructors have been sub-par, but yes, CC is definitely useful.

[@directorbeau]

@@rons.6683 My instructors at 4 yr university have been worse than my instructors at CC

[@rons.6683]

Beau I can believe that.

[@jamesvillegas877]

👍👍

[@sharonflowers66]

Or even trade school

[@Melisasa9402]

College is honestly such a joke. It’s not even about learning anymore it’s just about trying to pass. Education should not be that expensive, it’s such a rip-off.

[@shimmer4771]

It depends. Some students could afford it and chose something that would be worthwhile. Go to technical or trade school. Community college would shrink the cost if you can't afford it. It's like Americans are being punished for living...

[@Maxtee77]

And unsurprisingly the gop are yet again screwing the average graduate with student loans by removing interest deductions, thereby increasing the burden on borrowers. Why is their instinct always to screw young and poor people’s lives?

[@shimmer4771]

@@Maxtee77 It doesn't help that healthcare is expensive. The only way you'll be able to succeed is if you have a lot of support and a plan. It's rough.

[@mr.j3371]

Melissa it also depends on what you major in as well.

[@johnwilson4677]

If you go to nursing school they teach you to stop death. :) AC Repair teaches you to make bank very quickly.

[@iMSoFlyiBlowMyMind]

"...I studied drama and communications..." There in lies the problem. As a wise internet commenter once advised, "don't go to college to find a major, go and find a career." Words to live by. Community college would have been the best place to study drama. Sign up during the summer and join the drama club, take an arts class etc. It costs far less and you still get a chance to do what you live without the insane cost. College is no joke and if any major costs you as much as a house costs, then it better be something in which you will yield returns.

[@aubreyalvarez7396]

I think the saddest part is how people are ridiculing her choice of degree instead ridiculing how ridiculous it is that people can’t get an education without selling their souls. Why should it matter what my degree is in? Education shouldn’t be a burden. It’s suppose to liberate you.

[@kyleweir689]

aubrey alvarez I think it's also ridiculous that you can't get something as necessary as a car for transportation without incurring debt, and while I'm at it, I also think it's ludicrous that I can't purchase something as necessary as a home without selling my soul to the bank. How ridiculous of a system where I can't hedge against my future by borrowing

[@aubreyalvarez7396]

Kyle Weir I absolutely agree. I have a pre-law degree. Made the deans list, got scholarships and did everything right. I even worked while in college and have a full time job now and I’m still in debt up to my eyeballs and underpaid. It’s absolutely ridiculous to think that people ridicule our generation for getting educations and working hard.

[@cindyhernandez4663]

aubrey alvarez law was a bad choice, especially since there’s an uphill trend of over saturation of lawyers in that field

[@aubreyalvarez7396]

cindy hernandez not where I live and I have working on law since high school. I went to law high school. I didn’t make a bad choice. I know the choice I made.

[@arshisot6306]

I agree honestly. the last four years I've been in college, I've heard nothing but "Why don't you do a trade? Be a plumber!". But what if I don't want to be a plumber? What if I want to learn and concentrate in something and research in a field that I find interesting? As much antagonism there is towards people struggling to pay student debt, there's also antagonism against post-secondary education. I give the free pass on those who don't go to college because they don't want to, but god forbid I go to college in something I want to do? Anyways, keep hustling my friends. We got this. P.S. I've also been saying a trend that we're going to college on American taxpayer money and we shouldn't take advantage of it- this is true if you go to a public state university; however, we're paying back way more in interest--> which I'm assuming goes to our military

[@sidb9540]

What I do not understand is why don't high schools teach this to students BEFORE they graduate? I know guidance councillors are supposed to ask important questions like what a child wants to do after school but are they actually tell them what the "costs" associated with those dreams are? It is HIGHLY unfair to call this person out and say "what did you expect with that degree?" ...this should have been brought to her attention by her teachers in highschool...so they she could have had a chance to switch to a more (financially) rewarding career.

[@twdjt6245]

sid B or at the very least try to follow her dream at a less costly school. I'm betting she went to a private schoool.....when there were probably lots of public school options that cost 3x less.

[@xxIluvyouguysxx]

*COUNSELORS

[@DamianTran]

I agree they should reevaluate common core and provide classes to teach students about finance, life skills, interviewing, etc

[@auroraautumn8764]

sid B no amount of teaching can prevent this. Experience is the best teacher. I was taught. I was told. But reality kicked in after I accumulated about 50k. I pay about $250 per month and I still haven’t decided what career is befitting to all these degrees.

[@bvernon97]

The school system is set up for you to fail.

[@King_Neptune]

Best lesson my parents taught me: do a degree that you can make money from, and *then* pursue your interests.

[@olafgordon8552]

you mean loan interest or interest interest?

[@ajc8815]

There are factors that one must take in this video: 1) She graduated from Tufts University. TUFTS UNIVERSITY. A private university which costs two or three TIMES more than a typical state university. 2) She studied Drama and Communications at a private university. I appreciate that she wants a degree in the field. But is going to a costly university while having a degree that could be obtained on a regular public university or a community college worth it? Drama and Communications degree does not also guarantee you a stable job after college. Not hating on her degree but on the context of the student debt, the degree isn't worth the debt. She could literally be an IT graduate at a community college and earn 60k a year directly after with little or no debt. 3) She took in the loans during the economic crash in 2008-2009; the interest rate on loans was really high during that time. The interest rates have since generally decreased after the recession. While it's ridiculous to think that the system is totally flawed and must be reformed, also consider her own actions.

[@BigMastah79]

Wish I knew this before using it as a source in my essay.....

[@shimmer4771]

This may be true, but the system is criminal. It's torture. Her degree isn't useless, it just means she's not as secure. For example, if she has her bachelor's, she could work as a teacher in those fields.

[@shimmer4771]

@Vladimir Putin Because predatory lenders seek out young and naive students. There's a reason why college is becoming more difficult. That's because the standard of living has gone up and the value of a degree has gone down. Honestly, students are tricked into thinking college is the only viable solution, only to oftentimes end up in debt and not find a job in that field.

[@shimmer4771]

@Vladimir Putin I think the object is, the cost of living is high and the American dream turned into the American nightmare. The government steal billions a year, yet the minute we get something, the government acts like big daddy.

[@Manikanta-hh7wp]

@@shimmer4771 so student has no responsibility?

[@LakynCarlton]

Y'all really expect 18 year olds to be able to take on these financial burdens in a society that tells them if they don't, they'll never succeed?

[@beckembrown7002]

Yea she’s an adult now who has to take on the consequences of her decisions. She can cry all she wants, that won’t change her past mistakes of not reading her contracts, and choosing a degree like Drama USELESS

[@BigRed2]

What Win You don’t start paying at 18 lol, and she took drama which is probably the stupidest major one could do in college, let me major in something that has no demand ....sounds so smart.

[@Gooch8181]

She's an adult. If she can't make these choices for herself she shouldnt be able to vote either.

[@mochabunni9113]

just because he body is 18 doesnt mean she automatically thinks as an adult

[@icyolives]

I don’t understand you guys. It’s expected as a society, or at least it’s the norm, that parents take care of all of their child‘s financial needs until they’re 18. And yet we expect them to magically know as soon as they turn 18 how to make decisions that are potentially worth 100s of thousands of dollars? That is completely illogical. Unless we mandate financial literacy courses starting from elementary school, we can’t give 18 year olds the full responsibility to make those kinds of decisions. Like the girl said in the video, someone needs to wait until they’re 21 to spend $5 on a Budlight, but yet they’re somehow old enough to get into tens of thousands of dollars of debt when they decide on a college as seniors in high school? Makes absolutely no sense. The US is the only developed country with a student loan crisis like this. Can someone please explain to me why that is? This is a national shame.

[@xavierwashington5408]

Stuff like this is what discourages kids to go to college, unless you wanna be a doctor, or a psychologist, or anything in that field then yes, go to the greatest college, u will be able to actually pay student loans if u didnt get in by scholarships, but someone like me, who just wants to be an actor, I do not need student loans to hold me back on a journey that will take possibly a long time. Better to just go to a community college, not worry about debt, and follow my long dream down the road.

[@timmychanofficial]

that's good thinking

[@noona514]

That's smart. Musician over here. There's nothing for me I can't get with a private instructor one-on-one.

[@maroonhorizon1693]

Xavier Washington i agree! or go to community the transfer to university for better degree

[@labellavita992]

My B.A only cost ~$21,000.. (from a California state university) & I only have ~$8000 in student loans. Transferring from a community college saved me several thousands of dollars, too. Private schools are a rip off, imo..

[@RobbiePfunder]

whenever I feel bad about having to pay off my $16k in student loans for my history degree, I come and watch this video... always makes me feel better. 👍

[@Osky305]

Currently have only 9k in loans... Mind you I can pay it off now if I want to but the interest is so low for me that my financial advisor told me I'm better off investing that money in other things 👀

[@Feliciatanktop]

Öskar M that’s not good advice. You should always pay off debt before investing. Or try to at least pay off debt while investing

[@Osky305]

@@Feliciatanktop funny thing I was actually thinking of paying off half of it but stopped myself... Good thing too because of this corona thing my hours were cut in half and I work at a hospital too 🤣😂

[@Feliciatanktop]

Öskar M luckily interest rates and payments have been seized until September with student loans! I hope you get full time work soon. I know here in Texas places are opening up so I’m sure job offers will start to increase too

[@AnnaMazingFusion]

@@Osky305 Try to always pay off your debts as soon as possible! Trust me, it's the best thing to do!!!

[@LuisDiaz-qm6od]

Who gets $118K in debt for Drama 💀

[@xtrey19x]

Luis Diaz an 17-18 year old who doesn’t know any better.

[@shayan1702]

Luis Diaz A drama queen lol

[@jurebegaming]

Adjusting to the Canadian and American dollar, you can basically get a undergrad degree and a med school MD degree here in Canada for that same amount. Yet she decided to pursue Drama...

[@SportsGalaxy95]

Seriously, my tuition is $4000 a year for my program. Did she go to school for 20 years?? Even with an astronomically high tuition rate of $15,000 a year she would have had to be in school for 8 years, and that's the kind of tuition money for a HIGH paying career. Not drama. I feel bad for her, but what the hell was she thinking...

[@butterflygirl141]

SportsGalaxy95 Tufts is $40,000-$50,000 per year, most private colleges in the US are.

[@justinhamrick2449]

Who spends a 118k on a drama degree this is the real question????

[@sphporsche355]

Morons like her

[@nolmets9397]

Idiots

[@-itzmocha-3215]

She could’ve gone into the medical field at least with that debt and be able to pay it off at least a little faster ESPECIALLY after residency.

[@mosscrepe251]

Most of it was interest. If the egree itself 90k no one would have take it

[@rickyrackz]

Blame society

[@vvalendo]

People need to stop encouraging kids to go to colleges they can’t afford. High schoolers don’t understand the severity of college debt. I’m a senior in high school and even though I’ve been offered scholarships at great schools, the net prices are still around $30,000 a year. And that is considered CHEAP. In my opinion, $120,000 for a degree is NOT affordable. I have a stigma against community colleges like a lot of other kids but in the end I know it’s the right decision.

[@BriannaFinnell]

I did community college and now I'm studying at uc Irvine. If you wait until you are over 25, you are considered independent and the school will pay your tuition as long as you are under a financial bracket. I still have loans though because living in Irvine is way expensive :(

[@fystrs_]

she has a really nice house and car for a person in a massive debt, and working as a receptionist..

[@Ovulations]

What? She drives a used car

[@laprechaun12]

@@Ovulations I ended up with 28k and I had a bike all the time.

[@silviaconsonni586]

Maybe she had housemates

[@ExperimentalSurgeon]

sure her majors weren't the best choice - but $64 for principle and $600+ for interest?? This should be an actual crime. Ridiculous and astoundingly selfish on the lenders' part.

[@tentonmosley1270]

You are so correct! I understand they have to make money too but for it to be absolutely legal to gouge people like this should not be allowed especially when a person is trying to better themselves!

[@ilhuriwjsn4951]

But what about her parents? Maybe a 18 years old could'nt understand the contract but her parents should have been there, researching the differents options, there HAD to be a better option:/

[@vmanshooting]

she can choose to pay more if she wanted to. what you're referring to is called the amortization schedule. All loans, not just student loans, follow a similar concept. Loaners frontload the interest payments, and as time goes by, more of the bill will goes towards the principal. This is to protect the loaner from not ever getting their money back in full. to lower her interest payment she needs to a) pay more per month or b) re-fi to get a lower interest rate. the same concept applies to a mortgage btw.

[@AmusedChild]

Student loans actually have very low interest. I understood what I was getting into when I financed my education. Plus, I worked as a waitress in college. I have always overpaid my loans - that lowers the interest you end up paying.

[@arshisot6306]

Are these even federal loans? I'm entering repayment in a few months but on the income-based repayment plan. I feel like she might have been screwed over by Sallie Mae or another private interest company. I think 7% is the maximum interest on federal PLUS loans, though I'm not sure.

[@david109]

Choosing to study Drama and Communications in Tufts University was definitely a mistake on Britney's part. She could have chosen to study at a less prestigious university and still receive a similar quality of education with much less expense. She also chose a loan option with around 9% interest when there's many out there that offer a fixed rate of around 3-6%. A lot of her problems boil down to her not being well educated in financial matters and the blame for that would rest on herself, her parents, and perhaps the school system for not requiring a class that deals with these problems. Now that she's in this situation, she has options to sign up for an income-driven repayment plan, loan forgiveness programs, and deferment or forbearance. Her last resort would be to file bankruptcy and have her student loans discharged if she meets certain conditions (Brunner test), but it shouldn't have to come to that if she chooses her options wisely this time around.

[@janhenrichsvs]

David she could have done the Jobs she does now without College, thats the funniest Part.

[@noona514]

Also, NO federal loans are that high of an interest rate. She likely took out private loans. IF you need to take out loans at all, you should stick to public government loans with FIXED interest rates. She can either find a higher paying job and live really cheaply...it means putting your dreams on hold...or look to an income-driven repayment plan.

[@ellarose1449]

People need to understand that she graduated college in 2009. Her generation was told to take out loans and get a degree no matter what. I graduated high school in 2008 and was told the same thing. My youngest brother graduated high school this year and has learned what not to do by the previous generation. You can not compare your situation to hers. She got a degree in a field she loves and was told by everyone that it was a smart decision. If she were to go to college now in 2018, she would have made different choices. Her generation and my generation were really screwed over by an abundance of misinformation along with the 2008 recession. Today’s generation knows the consequences of student loan debt and certain majors. Stop with the criticism.

[@JK20239]

That would make sense. However, she went to a private school knowing she did not have the money out of pocket to attend. There are abundance of state schools she could have attended and her tuition and student loans Be cut in half. I graduated high school in 2007. Went to community college then state university. This lady is looking to scam her way out of her problem she caused. Tufts tuition alone is 50-60k a year. Since her loan balance is 118k. It seems like she did get some financial aid...

[@blacksantaria3642]

AGREED .LIKE GOING TO TRUMP FAKE U .

[@JK20239]

@Jacob Votava then what about child tax credits? Business tax credit? The tax liability will be transferred to someone else...

[@andhisband]

@@JK20239 You're 100% right: it's a problem she caused herself. From the looks of her closet, those "student" loans financed the high-life for her. An unwillingness to do what it takes to repay those loans is no reason for the government to pay and let her off the hook. Everybody needs to be responsible for their own mistakes, regardless of the ignorance they claim.

[@carmenb.4722]

I agrew with you. Now we are in debt.

[@mkite715]

Why on earth do our government and banks lend huge sums of money to 18 year olds, unsecured, especially for degrees which will never pay off. A hundred grand for drama and communications! Good lord! Please admit it was a bad idea.

[@shimmer4771]

Because they want money. They do not care that people end up with loads of debt. People comment blaming her fail to acknowledge that the interest is ridiculous!

[@sashacooke263]

Only a fool would still plan to take on student loan debt, after seeing all of these very cautionary tales..

[@newerest1]

The government made it so the debt was guaranteed and not dismissable. They of course pretend like this is a good thing, while the prices rise out of control. The government fucked everyone with furthering the lie that college is necessary or else you will be a loser.

[@juanshaftpatel7488]

to guarantee volunteer slaves

[@MayaONeil23]

Its modern day slavery

[@tylerzettler2231]

In middle school I learned how to balance a checkbook and make deposits. That was the only financial type class I ever had until taking a free elective in college. They should be teaching basic financing in high school as a core class. How to take out loans, how to re-finance and consolidate those loans to get lower interest rates, how to pay taxes, etc..

[@danikaleabe5929]

Tyler Zettler 8

[@beckembrown7002]

That’s the parents job, and no cause then there’s going to be little diversity in economic status if we all know the same thing.

[@WenQixz]

Many people think like this but the actual truth is that you wouldn't even pay attention in class if you got taught how to pay your taxes. Also paying taxes is not that hard unless you have a lot of property. If you rent there's not much to fill in.

[@Misanthropic_hellhound]

Part of the plan

[@xBrokenPiece]

This is why I'm studying at a decent community college

[@pinpon163]

Syeda Ishat Yep, I got a 2 year scholarship at my local CC.

[@sunflowersongs9403]

I am so afraid. Nothing scares me more than students loans

[@XLRBoss]

What are you going to college for? To work for someone else? To follow your dream? I mean, you don't necessary have to go to college for everything. For example, I want to be an artist/writer, I know i don't have to go to college to learn both. Theres free courses online for that.

[@victoriahale5254]

XLRGraso but how many successful writers have no formal education? U better be 1 in a generation for that

[@timmychanofficial]

exactly

[@timmychanofficial]

There are plenty of successful writers with no formal education. Maya Angelou, H.G. Wells, Charles Dickes, Ray Bradbury, Mark Twain. If you want to write, then just write. A writer would probably be able to think exponentially better having not been inhibited by the confines of institutionalized education anyways.

[@timmychanofficial]

Be afraid... be very afraid. You are right to be scared of student loans more than anything, they are some of the worst things a person in modern society can face. Debts are the shackles of life. Avoid it at all costs. And for the love of god, study something useful.

[@CristianLopez-xi4rt]

This is the definition of getting scammed.

[@andrepoghosyan8269]

No one lied to her. It’s not a scam.

[@IshanAli]

im kinda scared.....what if this happens to me

[@Blueberry-fan003]

Same dude same😞

[@Trund27]

Ishan Ali do as much research as you can on loans before you take them out. And if you have loans already, go to a credit counsellor to try to work out a plan.

[@kao5789]

It won't "happen" if you don't take on loans. It's not like loans are forced upon you. Go to a reasonably priced school.

[@MikeLV777]

Look at community colleges and state schools where you have residency. The tuition is far cheaper. If you plan to go to college research ahead of time to see if the degree is marketable or in demand. If not, look into a trade. So many electricians and plumbers are going to be retiring in the coming years. Those jobs need to be filled. Also, look into a union apprenticeship, the training and skills they’ll teach you will be cheap, if not free.

[@Kohiku]

It will. If you're in America it will happen. I'm just glad I was born in a country with a really cheap college education. Though Germany and Norway have a free college education. But man, feels good to be 21, with a college education and not being stuck with loans 😎

[@kaveenfernando4932]

I knew she fucked up when she said drama and communications 😂😂😂💀

[@takhsisprime]

Yeah full stop right there.

[@finthehuman3649]

Oh why is drama and communications bad?

[@takhsisprime]

FinTheHuman because supply of graduates >>demand

[@asadb1990]

FinTheHuman its the girl's fault for choosing a major that has very little to no job market.

[@b0red324]

FinTheHuman because its a useless major that wont equal lots of jobs out of school and even if you get a job in the field the pay is going to be dirt. Colleges/Universities put these filler degrees to boost enrollment and make the maximum amount of money from people paying to go to school there. People take these degrees because they're easier then say computer engineering and still gives you that college experience and allow you to say you've gone to college but you might as well not have.

[@NWednesdayQuansah]

Watching this video made me so anxious that I felt sick to my stomach. She definitely could've made better choices, but I was just as naive as she was when I was starting college. You spend your whole life being told to just do well in school and things will turn out, but no one really tells you the grim reality. The student loan industry is just criminal. It preys on people.

[@radekpiekny2837]

"I studied drama and commu" insert the batman slapping meme

[@shauncameron8390]

I would bet that she's a Democrat-voter.

[@rja9797]

Shaun Cameron you have a problem with those of us who study communication?

[@geoffreyward4929]

Lmao!

[@kt_silver]

@@rja9797 useless af

[@wanilimbe]

Definitely a liberal based on how she talks

[@Kiwiwheelie]

go to college, barely make Ends meet while there graduate, pray you get a job, barely make ends meet because of the debt don't go to college, barely make ends meet Nothing is more discouraging to continue your education than the feeling of pure hopelessness that'll you'll never have financial stability in your life.

[@suaveclt]

K W or work in high school, choose a worthwhile major, go to an in state school, make your own meals, and live off campus and you’ll do just fine. I accrued $65k+ in debt but graduated owing 11k, which I paid off in 3 months. I received zero scholarships and my parents didn’t give me a dime. Right out of college, I graduated in 2016, I’m making 85k and the sky is the limits for future salary

[@fecola90]

Michael Lee congrats on your accomplishments! I'm just starting college, what's a worthwhile major in your opinion?

[@BigRed2]

Michael Lee She went to college and studied Drama lol, you are an idiot if you go to school in a field that doesn’t have a huge demand

[@PixelPaperDesigns]

K W amen

[@bluecollarmillennial7214]

K W STEM majors are not having to pray to find a job.

[@jeuryveloz6011]

Attending a public university and commuting from home was the best decision I made in my life.

[@ecua2vega9]

Jeury Veloz Same. Im about to finish the fall semester of my junior year and havent had to take out loans and im studying in NYC

[@jeuryveloz6011]

Same! Im about to finish my degree at a school in NYC in the spring! I've been able to study abroad twice without having to pay a dime and im graduating with extra money in my pocket :)

[@meridithleigh9435]

I was told that you need to go to college if you want a good job. Even with scholarships and grants, I had to take out loans. They tell you that it doesn't matter what your degree is in, people just want you to have a degree. Then you graduate with a degree in a field that has no available jobs with at least $30,000 in debt.

[@brnt034]

90% of college degrees are now worthless because EVERYONE has a college degree. Want to make money worthless too? Give everyone a million dollars.

[@samthepoet107]

Everyone does not have a college degree. "Overall, the increase in the proportion of the population with a bachelor's degree or higher went from 26.2 percent to 30.4 percent."' "Nearly 40 percent of working-aged Americans now hold a college degree, according to a new report from the Lumina Foundation. In 2012, 39.4 percent of Americans between 25 and 64 had at least a two-year college degree. That was up from 38.7 percent in 2011, the largest single year gain since 2008." "According to the U.S census about 43.8 percent of African immigrants achieved the most college degrees, compared to 42.5 percent of Asian-Americans, 28.9 percent for immigrants from Europe, Russia and Canada and 23.1 percent of the U.S. population as a whole."

[@jorgerodriguezmunoz7062]

meridith leigh that’s what I always say if you want to take out a loan you have to be sure you’re graduating from a really good school and a really good major that ensures good money afterwards, its has to be profitable

[@TraitorGaming]

That’s why you: 1) Go to a local university/community college (never live in dorms; better to live with parents) 2) Choose a degree that has good salaries and low unemployment 3) Be nitpicky with loans and don’t take them out when you don’t need them

[@jacobg8640]

Community College wouldn't have saved me anything because Transfer scholarships aren't as good as the merit ones I was offered out of High School, but damn I wish I had commuted. I did it one year when my schedule was two days a week and my costs each semester was like $200 mostly for the parking permit. This was at a private school too.

[@TraitorGaming]

@Swimming Dolphins But I’m not privileged. They immigrated to the US with no money and a dream. They moved until they found a good area that provided job stability and safety. After so much travesty in their life, they finally are strong on their feet, giving me more opportunities than I could’ve dreamed of.

[@Heyitsmaria24]

Went to a community college. The university is still expensive and it’s the cheapest one around me. Plus, my credits didn’t transfer or they wouldn’t accept it because it didn’t fit their “level”. So had to take those again. Can’t live with my parents because my university is far away (closest is 4 hours).

[@TraitorGaming]

@@Heyitsmaria24 Of course not everyone lives in a fortunate environment, so I do understand if people get more debt than others. My point is to not let debt overtake you. $200k for a biology degree at a private uni? Not worth it. $10k for the same biology at a community college? Of course

[@Heyitsmaria24]

@@TraitorGaming agreed! Just finished community college and now trying to find cheap universities around me. A very stressful process but if it saves me money then it will be worth it

[@oneswtl8y]

I have a bunch of student loans too. And it was the same for me, my mother made just enough for me not to qualify for grants, but not enough to contribute to my tuition. The saga of the middle class. I hate that the government is trying to take away the student loan deduction as I do not have children so it's my only real deduction too.

[@iHeartHPandTwilight]

LaShelle Spencer try filing independence with your college. If you're over 19 and live on your own (and can prove it with bill and rent receipts) then most schools will stop counting your parents income and will only count yours, making you qualify for financial aid. I had to file because I was married and my husband couldn't pay for my school, and my mother flat out refused to pay a dime of it

[@oneswtl8y]

Miss Me oh, I've been out of school for 10 years. Too late for me! Thx tho :)

[@Lovepeaceandchickengrease]

LaShelle Spencer omg, same here

[@radiospines]

118000!!!!!! WTF I owe 27000 and I feel like that's already too much

[@blackonix13]

Retro radio I went to a community college and I got a little bit of financial aid and I still have to pay back $8,000. That was what I had to borrow before I got my grant. I still feel like that's too much, but it's what I've signed up for.

[@stoopidoh1104]

Well, from the video it looks like she went to Tufts, which is a private institution.

[@blackonix13]

RJ Poet not to mention how much of her loan is actually interest... that alone makes things harder to pay off. My loan isn't that much ($8,000 USD) but the interest doesn't stop racking up. I pay more in advance and it doesn't really help. It just keeps the interest at bay so I can actually pay the loan... I cannot imagine who this poor girl is going through.

[@annc5442]

Retro radio i took out 11 thousand and it haunts me everyday

[@ali.b.4195]

RJ Poet I got accepted into a public university (my state doesn't have any schools with my major) and I would be paying $63000 for public university because I'm out of state. Public isn't always cheap.

[@lbgstzockt8493]

i'm happy to live in a country where this is not possible.

[@lesnouvellessaisons6266]

where

[@cristinasilvera9183]

I live in Spain, and I don't have to pay for uni since everyone can aply for an scholarship. If you can't get an scholarship because your earnings are high, the highest taxes are 900 euros per year.

[@lesnouvellessaisons6266]

Woah

[@almir185]

mochi in sweden you get paid 400dollars each month for studying and If you want to Take a loan you can get up to 1500 dollars and you Only have to give it back after you get a full time job and you Only pay 0,03% in intrest back and also 1500 dollars gets you alot more things in sweden so its Alot of money

[@lesnouvellessaisons6266]

that s so cool . i ll go there

[@christinaherrera6414]

I thought my 575 a month was high. All I can say is I wish I went to a trade school.

[@shimmer4771]

It's tough. I graduate in July with a degree in Business, then I guess I'll go to school for as long as I can afford it. Ugh. I went to community college and no debt, but it's hard.

[@misssincere5762]

I agree!!!

[@ignazs.5816]

575 is high, to be honest.

[@MrTmenzo]

Even trade school is pricey but not as much as universities.

[@peruvianheat2053]

575 is high, not trying to sound negative. Pay off your debt ASAP, listen to Dave Ramsey when you have a chance.

[@brent1041]

She needs Dave Ramsey

[@jalv509]

He's more about "Living like no one else now, so that you later you can live like no one else." -If that means taking an extra job now so that later you can afford to pay cash for things people wouldn't normally pay/expect that they could save.

[@kingofmoabs23]

JONES you’re an idiot. Watch him again, you need it too.

[@RaesOfLight]

Agreed!! She needs like 4 jobs.

[@bigdisme5622]

Ramsey would help her how? His advice is sell everything you own, and also some blood and pay off the loans, problem solved, next caller?

[@ibmtpx24]

Yes It's Me> That's only part of it. It's worth a shot if there is no other better or more practical suggestion to pay the loan off. No one forced students to take out the loans. Student loans do attract those young people who were not lucky enough to have good personal finance education or parents who knew how to handle money properly. Mistakes have been made by choice, they just need to treat it as such and work hard to pay it off, and hopefully remember this lesson so they can teach their future children not to repeat their mistakes.

[@ElfriedeRose]

Everyone is trying to say that her major was the problem but it's not. The problem is the interest is so high she's barely paid anything on her loan for the past 8 years. The problem is students are not told exactly what a loan entails. The problem is her family had other kids to take care of but that isn't considered when it comes to financial aid, all they see is the number not the other needs that number goes to. The problem is her entire life is revolving around getting these loans paid off. The problem is that if anything happens to her and she cannot pay the loan she can't just declare bankruptcy like with other loans, they will come after her family. The problem is instead of realizing that this is a fucked up situation for anyone to be in, people attack her choice of major and shut down any conversation there is to be had about student loans.

[@alexfop]

Bigger question is why does school cost so much? Gov subsidizing payments and the colleges raising prices so they don't lose money?

[@david109]

Choosing to study Drama and Communications in Tufts University is DEFINITELY the problem. Don't even try to argue otherwise. She could have chosen to study at a less prestigious university and still receive a similar quality of education with much less expense. She also chose a loan option with around 9% interest when there's many out there that offer a fixed rate of around 3-6%. A lot of her problems boil down to her not being well educated in financial matters and the blame for that would rest on herself, her parents, and perhaps the school system for not requiring a class that deals with these problems. Now that she's in this situation, she has options to sign up for an income-driven repayment plan, loan forgiveness programs, and deferment or forbearance. Her last resort would be to file bankruptcy, but it shouldn't have to come to that if she chooses her options wisely this time around.

[@ElfriedeRose]

David you can't file bankruptcy for student loans. That's part of the problem.

[@david109]

You definitely can if certain conditions are met. Search up the Brunner test. However, it doesn't have to come to this. Britany and many other students in her situation can still alleviate their student debt through the use of programs and plans as I mentioned above.

[@vianjelos]

David The problem is that loans and the like are riddled with incoherant terms that regulat people dont really understand. A class on finances(credit, mortgages, student loand ect) being mandatory in HS would help, or the government could require a financial advisior(one who works for the state or school and not the banks giving out loans) be required prior to sighning any student loans..that way someone is there to guide you through the loan who has your best intrest in mind. I hope the governmeny steps in to fix this because student loans adversly affect the economy..as money that would usually be spent on recreation or as luxury expenses is spent on loans..the government doesnt give two shits about us ordinary citizens..but it cares about its corporate buddies and most of them could stand to gain a lot of cash by having a vested intrest in tackling the student loan problem.

[@aw8758]

“Drama and communication” ....closes out video.

[@leeleeb7413]

a w *posts comment about closing video*

[@lefthanded5473]

XD exactly what I was thinking.

[@massib4523]

what a dramatic comment here!!!

[@gusdrago]

It's a Drama.

[@slerickson01]

Yes only get jobs to work the machines of the corporate masters.

[@JeffMorrisonAdventures]

You were mis informed at a confusing time in your life. I respect your struggle. Good luck.

[@lacosta0892]

Jeff Morrison drama degree = bad decision dude, stop defending her

[@JeffMorrisonAdventures]

@@lacosta0892 she was mis informed and had minimal life experience, her parents are more to blame then her.

[@emilywatt5126]

@@JeffMorrisonAdventures you can't blame anyone for your own mistakes

[@JeffMorrisonAdventures]

@@emilywatt5126 looking for a little understanding is not blaming someone. If more then half of Americans turn 60 with no retirement savings we can't expect 18 year olds to be financially literate enough to make that decision with no sensible guidance.

[@emilywatt5126]

@@JeffMorrisonAdventures yes, I am sorry for them, but it change anything? No. So they have to sort out it .

[@maxfyne1418]

I understand you are in debt and have to spend a lot to pay it off but it doesnt really help when you live in la, california and you pay 3x the national average for almost everything

[@DeflatingAtheism]

Yeah, that definitely crossed my mind as well. Perhaps she took drama with an eye on being a Hollywood actress?

[@No_timezone77]

*drops* *out*

[@123123eek]

*still has to pay back loans that were taken out even if you didn't finish a semester and no credits were rewarded*

[@JK20239]

Elizabeth K. He dropped out while it was still low. 5k vs 120k..

[@birdie0124]

Aaron Glisson 😂basically

[@westworlds]

*Fakes Death and moves to new country*

[@neilakili9268]

This is the main reason why I joined the military so I wouldn't have to pay no damn student loans. Plus I am getting paid to go to school. Just had to give up a few years of my life but it was worth it in the end.

[@Kenz3]

Neil Akili just don't study in drama

[@elenaarman-tang7811]

She should move home for 5 years and pay down that debt! She should also meet with a financial planner!

[@zamadlamini8413]

To those who are currently in high school, it's really sad that we have come to a point where i'm gonna have to say this, but it needs to be said, do not go to an Ivy League University or top Tier University or any other private university unless you are planning on getting in the STEM industry/i.e. studying towards a STEM degree (or perhaps FINANCE , but that could be tricky too unless it's at Penn University Wharton School of Business) or unless you get 100% tuition paid for either in scholarships and or other grants, it's just not worth it. The state of affairs when it comes to college tuition in this country is just very sad.

[@Boxhead42]

Here! Here! Great comment.

[@jonmcnamara]

How is that "sad" that you go to college for a degree that will give you a return on your investment? If you like something that is what hobbies are for

[@Shazzyhtown]

Go ahead and say it one more time! Another thing: SEEK OUT SCHOOLS WITH A ROBUST INTERNSHIP/CO-OP PROGRAM. This will help you with the job experience and you will be paid. I know some grads who had to waste two years just getting experience for an entry-level job. A good buddy of mine attended Drexel University in Philadelphia. This is a school known for its co-op program. By the time he graduated, he had two years worth of experience and got a great job.

[@dominiquethomas3775]

Still don't need those universities for stem. You could do just fine in the STEM field by going to a 4-year State University. Most STEM majors know you're only paying for the name when he go to the private or Ivy Leagues. Universities have upped their game so private and ivy league universities aren't as special as they used to be. You can get the same level of education from a good 4 year state ran Institution. Speaking from experience, my cousin went to a private four-year Institution and I went to State and we're both receiving about the same level of education he just does twice the work as I do but I still know exactly what you knows. I even have the upper hand because my University let me do lab research my freshman year.

[@XclusiveChiq]

Even a biology degree isnt always guaranteed money

[@skevi1875]

I've never been more grateful for being born in Europe

[@sola_a]

Skevi S Same. This is absolutely insane

[@anniechelon]

Same here... Europe FTW

[@marasmithson6218]

Same.

[@fefeg3734]

Skevi S you feel me

[@souadbarkouki3845]

Skevi S omg same

[@miketemify]

"I studied drama and communications..." oh god

[@biancadort1990]

Trash lol like that major pay off

[@TheMabes69]

Right up there with philosophy, religion, history and sociology. Not good choices.

[@IntoBlackHouse]

+TheMabes69 this does sort of make me understand it better when people would kind of mock my major (art history). Because right out of college there aren’t many high paying jobs for those in my field, unlike those who majored in sciences, math, and nursing, for example, where there is greater access to money. I do love my field but it makes more sense if you look at things from the perspective of how will you pay for these loans?

[@teancoffee208]

Major in something you can really make money off of, minor in that field you're passionate about. If you're lucky, they overlap.

[@CheeMagnus]

SAME. I was like...who would take out that much in loans for that degree? I feel bad for her because I honestly feel that many kids going into school have little to no financial savvy.

[@marcelvalue]

meanwhile colleges and universities are making BILLIONS and paying NOTHING to athletes.

[@gfoot9916]

Average User it’s as a great deal as you think it is. Especially if an athlete gets injured

[@Shawol360]

Why isn't she on an Income Based Repayment plan?

[@NUCLEARARMAMENT]

Better yet, why the hell hasn't she consolidated all her student loans into a single one with a repayment term extending up to 30 years so her monthly payments will be lower? Even an income contingency repayment plan will allow extensions to as much as 25 years.

[@shantepowell2977]

my thoughts exactly

[@victorias5272]

Most private loans don’t have the IBR option. With the amount she has outstanding, I’m sure at least half of the amount is not government direct. Also, if they are private, they couldn’t be consolidated, only refinanced. But she doesn’t make enough money to qualify for refinance most likely. It’s like taking out a mortgage.

[@shawnsmith564]

I gotta thank God I didn't go to school

[@JK20239]

Doesn't really matter. Shes still responsible for 118k worth of loans.

[@mjs28s]

$118,000 for Drama and Communications? Are you out of your mind?

[@hop208]

mjs28s she probably financed her dorm room and meal plan as well.

[@ohcamillesnow]

hop208 she literally said she didnt

[@jeffjackson9679]

No kidding. I'm sure a typical boss/hiring manager are lining up to hire someone who is both high drama, and communicate it well to their coworkers!

[@ironmantis25]

Hollywood would, but she is lacking in the looks department.

[@thosebastards8112]

hop208 Financed her car, hair, clothes and shoes.

[@yamisdate]

I have $106k in loans. My monthly payments have increased to $1600 a month. I have two jobs, barely scraping by, and even my parents have to help me with my student loans. The only thing my loans offered was to go into forbearance, which i can't afford to do. My paychecks are already taxed and the money goes to the government, and yet I still have to pay them again on my loans. I literally can't live like this. I have broken down on multiple occasions because of this. I don't regret going to college. No one should feel bad or regret getting an education. But if education is so important, why does it feel like we are getting punished for wanting an education?

[@TheColorchalk]

you are not alone. I work in a health care, and people think I make great money, but no. 70% of my income goes to my student loans. it is ridiculous. I want to pursue high education like getting my masters or doctorates. but I get discouraged when I think about student loans.....

[@krayziejerry]

College is a scam.

[@victoriahale5254]

Mama Agreste why when you hit 50k did you not think to yourself ummm how am I gonna pay this back. If you’re not a doctor there is no reason to have that kind of debt

[@yamisdate]

No reason, huh. Let's see. Let's round the average cost of Uni/yr is about $15k for students that had to dorm. So $15kx4 years=$60k (+$5k/year for student housing for anyone who dorms), factor in textbooks/supplies, food, transport, school fees (computer usage, Greek Life if you want to look even better on a resume), and tack on the growing interest rate while you're in school... Yeah $100k range sounds about right. This isn't even factoring whether or not the institution is public/private. The University I went to had the same tuition rate regardless if you majored in biochemistry or art. But hey, I'm no doctor. Don't mind me at all.

[@vice2versa]

Mama Agreste this is why I didn't want to go to college.

[@everyxheart]

I just don't see the point in amassing all of this debt to study useless majors. I didn't go to college to find myself. I went so I could make money in the future.

[@shimmer4771]

She was young. Even degrees that "pay off" might not automatically pay off. You have to select a major you enjoy doing and a find a job in that area. Yes, community college is hard, but cheaper. Even people who went to school for radiology tend to struggle to find jobs.

[@diecar128]

Or. If u are gonna study some artsy stuff, pay for it as you go

[@robynjoy910]

Arts degrees almost never pay off. I’m sure she’ll go back and get something practical that’ll pay for that ridiculous drama degree and some!

[@TK-gd9td]

That mind set about money defeats the whole purpose of academia. That’s like saying doctors and financial fiduciaries should only think about making the most amount of money they can from their jobs and patients/clients. Your mindset is the same one people complain about when banks greedy or when healthcare becomes expensive. Everyone just trying to make money just like you, nothing wrong with that I guess.

[@asdadishere]

T K Regardless, going to college is a privilege. If you’re really that passionate about learning something, you don’t really need to go to a university, as pretty much every sort of education is available on the internet and local community colleges. But let’s be honest, many of these people go to college for that “college experience” and partying, all the stuff glorified in the media, which is definitely not worth 100K but it’s a privilege nonetheless.

[@RichLux713]

Some people its hard to find a really good paying job after you graduate college so i bet it is really hard to keep up with all the debt

[@abigailfernandez6776]

love u so maaaaach.

[@yohanna1842]

Hey Rich!! :D

[@anjahall6114]

People complain about how uneducated the population is and then refuse to lower the prices of said education that would solve that problem. Maybe people would actually be able to/want to go to school if they didn't have to have a monstrous debt swallowing up their whole lives. Also MAYBE we should have more programs in schools that teach students about things like this, that way thing like this wouldnt happen.

[@jonathanbreazeale4418]

any quick google search can warn someone of the dangers of loan debt. Its simple. pick a college that you will be able to afford once you have a career. If your career is in drama and communications, you should probably pick a less expensive school. If you're going to be an engineer for example, you'd be able to pick a more expensive school because your salary is going to be much higher when you graduate.

[@mallorykane2843]

We teach kids how to avoid STDs, we should teach them more about student loans, budgeting, and some rights and law. Some schools have those but not all do. That should all be part of public education IMO.

[@LovinJae12]

i pay $1500 a month in student loans... but i got a degree and a job that makes it possible to pay it off. make sure your degree is worth what youre paying for

[@mina7422]

LovinJae12 thats what i thought

[@manoue012]

What do you do?

[@katt1936]

its miserable

[@jonahhowell9893]

Exactly her degree is kind of useless so she cant afford 900$ a month but on a 100grand that is affordable

[@jhoanaruiz93]

What do you do?

[@DonJ23]

This is what happens when you “Do what you love” lol. People do it to themselves.

[@shauncameron8390]

Only the rich can do "what they love."

[@Defrap22]

Work a real job making real money so you can do what you love as a hobby

[@shauncameron8390]

@@Defrap22 Exactly.

[@rja9797]

Shaun Cameron I’m studying communication. Is that a problem sir?

[@rja9797]

Defrap22 and this is why we have many people who hate their jobs and are depressed

[@laughingalltheway8399]

I think what is frustrating is that on the surface, most people--even 18 year olds--understand that taking out a loan means that you have to pay it back, *BUT* most college-aged kids do not understand the magnitude those loans will have on their long-term finances. These kids are graduating from college with awful debt to income ratios which affect their credit scores, preventing them from obtaining the best interest rate on consolidation for these loans, and they wind up in a situation like the girl in this video where they are paying astronomical interest and never really paying the balance down. Add in that the same applies for anything one needs credit for in life, and these kids are starting out their adult lives completely screwed. There really needs to be some sort of mandatory education regarding student loans before they are taken out. The entrance and exit counseling on the government's website is *NOT* sufficient.

[@tylers9888]

At 18 you can join the military and fight in war, but are to naive to understand compounding interest? Take responsibility with your decisions.

[@BloopCDL]

It's things like this that make me scared to go to college.

[@TommyMG96]

Carl The Llama you don't have to these days unless you wanna be in a big business. Also if you join the military you get free schooling.

[@BloopCDL]

Sanyo 1.0 My plan was to join the military but I can't anymore for medical reasons

[@akira081971]

Carl The Llama In these volatile times please do not go into the military. Think of a trade like plumbing, electrician, or HVAC.

[@xskugga]

Be smart about your loans. The internet is the most powerful resource available to anyone at this given time, utilize it to learn about loans before you make a decision.

[@myopinion2944]

The only reason she's in such a fucked situation is because she wasted her time majoring in drama. If she majored in some sort of STEM field she could have a six figure income and have already paid all of her debts back if she wanted to.

[@crystalnichols7224]

Haters need to remember that many parents and teachers encouraged kids to go to college, regardless of their ability to pay (I know mine did). They would say that student loans are absolutely fine and you'll be able to pay them with that good job you'll get when you get out. I was even told, "it doesn't matter what degree you get, just get one." I started with a hybrid degree that was technical and creative (there was some computer science involved). I eventually switched to broadcasting just so I could finish a degree. I knew that it was a worthless degree, but as a senior by credit hours, I had to at least finish a degree. I original didn't even want to go to college because I knew I wanted to do creative work, which could be hard to make money on. I got the sense that I'd be flipping burgers otherwise, so I followed the advice of my parents and teachers. I worked hard, I made portfolios, I worked internships and campus jobs in media. I really thought I would find something after graduation, until the economy crashed in 2008. I did AmeriCorps right after school, to offset some of the cost of the loans. 10 years down the road and I'm just now financially stable enough to start using all of my pay (multiple part-time jobs) to pay my loans. Why can I use all my income on loans now? My husband, who hasn't finished a degree, is now making more money than I make, as a carpenter's apprentice. Yup. I actually chose a cheaper state college on purpose. I had planned to stay on a tight budget when I got out so I could pay my loans quickly. That full-time job never came. The part-time jobs I collected never gave me a steady income. I was on a constant search for something more stable and it wasn't there. I'm not gonna say my generation made all the best choices with these loans, but please have a little understanding about how we got here. We thought we were listening to good advice from the authority figures in our lives. We were also told we could be whatever we wanted (LOL!) We're doing the best with what we have. You can criticize all you want, but know that we will be stronger for this struggle, and a little smarter. I tell every 18-year-old I know to avoid college unless they 1. have the money already 2. can work to afford it while they go 3. are actually studying something they NEED the degree for (doctor, lawyer, teacher, engineer, etc.)

[@HoneySwtDrms]

Thank you!!!

[@alidi13]

Yeah, people shamed kids who couldn't get a full ride or didn't go to college. They would say, "I don't care what the degree is in."

[@mystman7722]

This!! SO MUCH OF THIS!!! Our previous generation was born and raised from childhood to young adulthood being brainwashed/told that you HAD to go to college to have a happy carefree life. If you didn't, you would struggle to get by and life would be problematic if you didn't have a title or college degree, you wouldn't get a high salary job, etc etc. We had ZERO reasons to think othwerwise or were told ZERO alternatives. We had no reason to believe otherwise. (internet didn't exist for us yet, so information was scarce). Parents, family even schools told us this. It's so easy for people of today to use hindsight to justify their arrogant judgmental comments like they knew better. The thing is, people didn't know better. Proper information, the truth about college, none of this information was being told at all anywhere. It's only because this is a hot topic now in the media and the internet is much more accessible are we all now more aware that college is just a choice, not the sole mandatory path to financial security.

[@goldwolf0606]

I have nothing to add. You said exactly what was going to say.

[@thanos2170]

Crystal Nichols Not for drama tho

[@JulieHiltbrunner]

Like me, nobody did the math. I was going for an English degree and left with $26,000 in loans. It was about $134 a month. If I had a do over I would have gone out and found a job. I never had a job making over $46,000 a year. The math just doesn’t work. You’ve got to be getting an education with a degree toward a job that pays very well. I was a lousy student except in art... which as everyone knows, doesn’t pay well. My parents dropped me at college and drove 7 hours away. Then I get called down to the office to sign loan papers. I was so confused I thought mom & Dad were paying. I called my mom and she said sign it. It’ll be easy to pay back with the fancy job you’ll get. Think again.

[@rons.6683]

SURVIVING Julie Silversmyth ouch!

[@PiscesSun_Capricornrising]

Same. I knew nothing about finances my freshman year. I probably signed away my soul a couple times. Didn't help that the counselors didn't care and were frustrated how most of us knew nothing about paying for school. They dont teach these things in high school.

[@directorbeau]

Some people go to college and graduate with no debt, so then it's easier to take a 46k job because your expenses every month are lower for having no debt.

[@rons.6683]

Beau And, depending on what part of the country you live, forty-six K for a SINGLE person is solidly MIDDLE CLASS.

[@jovannawacheleski2630]

I wanted to be an engineer went to talk to the counselor at the university I wanted to go. He said its 25k a semester. I got up and left. I taught why would I put myself in at least 100k debt if am not even sure am going to love it. My parents told me straight up we cant help, I went to a community college got my associate and ended up with a Cosmetology Instructor License. I can teach at a college and make just as much as a math, science or any teacher at the community college. Yes it took me about 5 years to finish the whole program but its going to be worth it once I actually do decide to get in field. And I dont owe any student loans. Its duable but they sell you a pretty story since your little to be a doctor be a lawyer go to college. Yes you need to encourage but what if your capable of doing other things like be able electrician or a business owner? People need to think outside of the box.

[@MelissaLona]

Even with a great salary $900 a month just to student loans. Forget about mortgage, property taxes, a car, retirement, savings.

[@pinkaddiction13]

vacation...

[@rolie8585]

some people dont wanna take on all that debt, so they dont marry someone on paper for that reason.

[@kareemabnormal5823]

Mel Love are u the mother of the 14 year old who went to university?

[@angelicharmony]

I pay $1100 a month in student loans. I could be paying $550 but I want to pay it off as quickly as possible. 2.5 years left!

[@SaraS-jq1ln]

Mel Love really cause im a middle school janitor and thats only a quarter of my income lol

[@ChromeMaxim]

Also, word of advice that I always remembered. Never take out more than you’ll make in a year in that career.

[@vladimirdarius4852]

Amen brother

[@ChromeMaxim]

Keep Rocking! I suggest that as well. I go to a university in state. Although not everyone has that luxury. Not all universities will have the program that a student may want. People come from all over the US to the university I attend for our Justice and Safety courses that their states don’t provide. It’s definitely subjective to each person.

[@ChromeMaxim]

Keep Rocking! Again, I agree with you 100%. I hate when people go into terrible degrees expecting to actually make money with it. Search the job market, find something you could see yourself doing and possibly enjoying. I love cyber security and can see what a huge part of society it’s becoming. Those who get degrees like this woman must’ve had parents that said “do whatever your heart desires” and they took it too seriously. These people have to grow up sometime and she suffered from not doing so soon enough.

[@PixelPaperDesigns]

ChromeMaxim Tru but not no 1 knows wuts gon happen 2moro r even in an hour. No1 knows. So we can say we gonna do this r take this out 2 stay within budget then sumthn happens: accident, family crisis, a family member all uv a sudden get sik or dies. U Neva Kno so even wen we try to make better choices things can still turn south n any minute.

[@bradpitt5595]

How much do you think doctors make during residency? Answer is btw 30-50k. And most end up going for a 30yr repayment plan. Everything works out perfectly in your dreams, and then reality hits you. So please be more critical on your advice.

[@Copics1]

4 seconds in "Drama and commutation" $118K - You're screwed, 2 major you don't need to go to school for.

[@ca8824]

I for one certainly know how to communicate my drama.

[@shay191919]

Not really. I got an English degree and a law degree (JD is something you need to go to school for to become a lawyer). I racked up nearly 150k in debt (which I'm still paying off). But I refinanced and lowered my interest rate: www.sofi.com/share/202637 So many people are paying OUTRAGEOUS interest rates on their loans, when simple student loan refinancing could lower it a lot (check the link I sent and see if you can get approved for better payment plans). I pay over $900 in payments (at one point above $2,000 a month but that was unsustainable, even as a lawyer). But I'm on a great plan now and can't complain. Was all worth it.

[@bigdisme5622]

The two majors you can go to a school that charges 40 dollars a credit hour instead of 600$ lol.

[@mrmackey8956]

COco Yo yo Maybe you need to go to school and learn to spell "communication"

[@kiarahenry3017]

COco Yo yo Lol what a Communications Manager at non profits can make at least 50k a year. The degree is a formality but you have a be intuitive in what other skills others may not have to make yourself more marketable. For her situation if she found an entry level social media marketing position (this job is a new market with many job opportunities), she would be highly marketable because of her photography skills. College mostly teaches you the skills for a job but not how to get a job.

[@mck421]

I know so many people that just went to college without planning any of their finances and this happened. You absolutely HAVE to have a plan and know what you're getting yourself into before hand. Not everyone gets help or can afford it which is sad, but planning can prevent you from putting yourself in an even worse situation

[@oliversingleton437]

wait why did she spend so much money to study drama and communication. i get she clearly loves it but... really?

[@LakynCarlton]

So, she should've gotten a degree and pursued something she doesn't like and isn't good at?

[@eshaxcx]

Olly .S lol it's the University that dictates the tuition fees not her

[@oliversingleton437]

John Mark well yes obviously, but she’s the one who chose to spend the money

[@oliversingleton437]

Lakyn Marie that’s clearly not what I’m saying. I’m saying she could’ve got a job doing drama easily without having to spent 118K on a college course.

[@Engstromswe]

No, but getting a $118k degree isn't the answer either. There are plenty of other options, like community college and making scholarships your number 1 priority in high school.

[@airyellabalthazar1320]

It sucks that you're kinda forced to get a degree in something you have no interest in just so you can have a decent job instead of studying something you love because of the risk of not getting any jobs.

[@uniboio2437]

AIRYELLA BALTHAZAR You can study something you love and get a decent job but you must stand out from the crowd and give it everything you’ve got while always striving to be better. This is how the world works, her degree in drama and communications can be successful but it must be understood that the world doesn’t work in a system where demand is equal for all graduates.

[@oldtwinsna8347]

That's why they have these things called hobbies.

[@shauncameron8390]

Only the well-off can do "what they love."

[@rja9797]

oldtwins na you’re missing the point. Hobbies don’t pay bills and he’s referring to why so many people today hate their jobs

[@rja9797]

Uni Boio Ik plenty of people who have a communications degree

[@romeojulietlover]

Wow... I will never complain about my student loan debts ever again.

[@CP4Z167]

Still remember the day I paid off my the remaining balance of my student loans! Literally sat there and happy cried for a good 10-15 minutes 😎

[@AA-hs4rk]

RedRose7997 I care

[@joshsmith5879]

Nobody cares..

[@Defrap22]

@@joshsmith5879 i care

[@opaljohnson7428]

😊

[@beasthunter7740]

❤️❤️❤️

[@Filmyism]

I'm majoring in Communications, but I'm studying at a community college which is super affordable and haven't even thought about taking out loans. Hoping to get scholarships to a 4 year. Everyone hates on non-stem majors and calls them "impractical", but the reality is, you can study what ever you want as long as you don't take out ridiculous loans.

[@_Alimm]

I now feel so blessed that my mother was so headstrong about me never taking out student loans and staying home to go to school. In the beginning, I was ashamed and disappointed but I'm debt free. Please, you guys there are so many avenues to get a good education. Do major research and do not let anyone pressure you into any college unless they are paying for everything!

[@fnovax]

118k for “drama and communication” degree; someone clearly did not communicate how dramatic her financial life will be after she gets her degree

[@mi3helle707]

fnovax bruh 😅

[@ignazs.5816]

Lmfao

[@elenaarman-tang7811]

Best Comment 👏👏👏

[@peternorthrup6274]

You dont get it. She did not want to work. All she wanted was fun and games and be feed for4 years. I see it all the time. Problem now is they cant walk away from the loans. It wont matter. She will anyway. A young black girl will get pregnant have 3 kids and not pay any of it back. Then food stamps. You no the game. Pay the loan. Really. Drama really? Same old crap.

[@patricks8586]

@@peternorthrup6274 that is an incredibly racist and stereotypical of you.

[@Kayraine]

I wish I could only pay $900. Law school set me back a good penny. 1. Go to community college 2. Know what you want to pursue before going to university 3. REALLY CONSIDER A TRADE. My plumber is not hurting for money ya'll. Everyone needs plumbing. 4. Major In something that will allow you to make enough money to actually repay it. 5. Once graduating make extra payment ON THE HIGHEST INTEREST LOAN. Your loan amount is a sum of a bunch of smaller loans taken out over the span of college. 6. Throw everything at loans and live well below your means for a few years. Thrive to pay off loans in 4-5 years if not working for the government.

[@keishasims3192]

@Coley Durham There's plenty of people who wanna be an LPN. lol.

[@keishasims3192]

@Coley Durham Nursing almost always has job openings. Same with many other fields.

[@mara_veena]

This is why Im at community college and racking up on scholarship money until further notice. I REFUSE to be in debt and pay loads of interest and sure as hell would not have taken the risk while studying a major like hers.

[@wshelby83]

Quxxn M I agree with you

[@AW-si5jh]

I stayed with my parents, paid out of pocket with no loans at a community college, got an associates degree in computer science, and transferred to a university to try and save money. Still have student loan debt. The cheapest public university in my area only took my credits not my GPA so i had to re-take some of the same classes in order to get a GPA so i could continue college and finish my major. Sometimes there is no way around it. They will think of every legal way to get you into mountains of debt.

[@jaywest3734]

Community college is expensive too though. I've paid $600-700 for a class before. That's a lot of money.

[@jaywest3734]

@asher gaines That's insulting. Not everyone can afford to go to an expensive college. I'm a Trunp supporter and understand that.

[@jaywest3734]

@@AW-si5jh College is a con in America. I say that as a Trump supporter.

[@SydneyKate1]

I go to college in the fall and this is literally what I’m signing up for. It sucks so bad. Everyone tells you to go to college to be successful but they hide the fact that you can’t be successful until your loans are paid back.

[@ganyrehs]

The reality is not everyone will be successful once out of college especially with the high cost of tuition. It really boils down to experience, networking/referrals, and lastly a degree. Strive to work hard and showcase yourself!

[@austin9321]

sherkhan and also the major you chose and grade average

[@austin9321]

sherkhan and also apply for all the scholarships offered I got a lot of random scholarships easily because of just applying and not many people did

[@ganyrehs]

Austin Tru, what you mentioned is all true as well. I believe college graduates are very mislead to believing they only need a degree to land a dream job. Like everything else in life it takes trial and error. You can be given the same walkthrough in life but the results will always be different from others. People need to realize that's okay.

[@Zoeybamboey]

At least you are fully aware of what you are getting yourself into

[@workingshlub8861]

people look down on plumbers, carpenters etc...trade guys....who is laughing now.

[@kervensjasmin1508]

Not me, those guys work hard. They're skilled trades that require a lot of practice.

[@destrogamer4521]

working shlub those people are smart man. Make thousands a month and actually keep it !

[@stephenr9540]

Backbone of America

[@asadb1990]

im a civil engineer and work an office job. but had i known earlier i would have joined the trades and been earning much much more.

[@ARon82]

No I look down more on communications and drama majors

[@lordtrini]

Drama and communications. That was your mistake. It’s so sad.

[@DrAdd1999]

No matter the degree the problem is overpriced private college

[@itsmorgan1017]

Please drama and communications degree with a free ride sounds good to me.

[@rordongamsey3057]

@@itsmorgan1017 why would u waste that scholarship on a drama degree when u can get STEM. the sheer stupidity is the reason she’s damned

[@itsmorgan1017]

@@rordongamsey3057 well you need to do what you love you need to do something you can live with. Don’t know if you’ve ever done work you hated but that rubs off into the rest of your life.

[@BobSmith-pl6sm]

@@itsmorgan1017 She went to a private university- and studied drama and communications. That's blatant stupidity. If she really wanted to pursue her dreams, she could've easily achieved it through community college with little to no student debt. Do you know why doctors aren't in debt? Because they have viable careers. Do you know why computer scientists aren't in debt? Because they have viable careers. Do you know why drama and communications students ARE in debt? Because their degrees are worthless. Point blank period

[@radiospines]

Get this woman on Ellen ASAP

[@aracelireyes3986]

No that's completely unfair to the thousands of other people with the same problem

[@kho5254]

No way. She should have prepared better, gone to a cheaper college or got a good enough GPA to get scholarships

[@UnknownNameUnknownNumber]

OPRAH WOULD BE MORE EFFECTIVE CUZ SHE'S A BLACK WOMAN....OPRAH MOGHT EVEN BUY HER A BRAND NEW CAR AFTER ALL HER DEBT IS PAID OFF

[@chris51282]

That would be unfair to the rest of us with the same problem. I would also set to the wrong example to the many who are thinking of taking loans out. It's hard I have the same problem my loans are $720 a month... student loans have run rampant and unregulated.

[@MsEliteForever]

New User oprah likes only black foreigners.

[@CourtneyKBeauty]

This is why you should go to an affordable college. If you don't get a massive scholarship, going to a state school for undergrad or community college for a year or so is completely fine. You'll still get a good education and ultimately, a degree. It seems like she went to a really good school, which is awesome, but you gotta do what's best for you financially as well.

[@PixelPaperDesigns]

Courtney K that don't always wrk. It still depends on ur current situation. It's gas gotten very hard out here for a majority uv ppl. Sum uv us r taking care uv I'll parents/family. So many things can b happening even if u chose to go to an affordable college r institution.

[@CourtneyKBeauty]

Oh, I just meant that it's good to go to an affordable college or community college over going to a hella expensive one :) College isn't for everyone, and you gotta do what's best for you. But seriously, college in general is just so damn expensive!

[@glorificusbarryhex]

Some folks do go to community colleges and get transfer credits from their high schools. Most private schools put a limit on the number of transfer credits that can be applied to your degree. State schools aren't always an option for people, especially those in states where admission to state schools are competitive. So you can have a bunch of transfer credit, be a good student, but still not get a spot in your state's university. That leaves students with the option of going to a school within their budget but lacks the quality education they worked hard to receive, or go to a school outside of their budget that provides the student with a great education and more future earning potential

[@alexisjankowski3281]

She seemed to have done pretty well seeing that a year at Tufts is $50,000+. However, I don't think any of her three current jobs require a college degree. I admire her for continuing her payments. The struggle is real, but I do wonder if she could have made a better choice in educational institutions.

[@emmacat3202]

Muh. Affordable. I go to a state college, and it was still 8,000 in tuition, and 10,000 for housing. I am commuting for my last two years, but it is still awful. Thank god i am a STEM major, so I will get a good paying career. I know that not everyone did that kind of degree. Some people did drama/acting, and they have the same amount of debt as me. Public universities should not be this expensive.

[@pumpkinguts308]

Lol there's no way in hell I'm going to college in America

[@XLRBoss]

Yea, I mean you practically can set up an online business for free. College is just there to help you get a piece of paper that says "I can work under this business".

[@3auka88]

Pumpkin Guts well how about full college ship?

[@ericisazn1723]

This is what I'm trying to tell my mom, I have a great mind, and don't want to go to college, I want to follow my dreams

[@XLRBoss]

+EricisAzn whats your dream?

[@jdoe787]

Poontang

[@blue.birdee]

Two points. 1. She went to a super expensive school and got a low paying major. I feel for her but she had it coming. 2. This is all great and stuff but they didn't propose a solution. Nothing is being done. So thanks buzzfeed.

[@elmagnificodep]

Amelia Gossett She also has $280 in late fees. That could mean a higher interest rate.

[@starbug1898]

Drama and communications... Yeah she got herself into this I dont feel pity

[@koreanchick1231]

I agree. The people pitying her obviously see the world through rose-colored glasses. The real world means that you may not get the job you dreamed of.

[@butterflygirl141]

Its sucks but if she got into Tufts she probably could've gotten into a less prestigious school and gotten a scholarship...

[@alexaf6147]

great points

[@Jennymayg13]

See at least in the UK they wait until you make £25,000 before you have to start paying it back. And even then it’s only 5% on your earnings and after 30 years if it isn’t paid back it gets cancelled and you no longer have to pay.

[@boredsoimakevideos12]

Jenny Gilchrist that’s amazing, but hella risky lol

[@MyWasteOfTime]

I doubled up and paid $1,100 a month on mine and got them paid off in 5 years! Just have to cut out all the non-essentials until you are debt free!

[@krs112278]

do you mind me asking what the total amount was that you owed though?

[@MyWasteOfTime]

No Problem. I owed 54K when I finished my Masters. Borrowed about $4500 a semester to supplement my 30 hr a week job at a lumber store to get through college. My parents made just barely too much to get any grants and my grades in HS were not exceptional. But I managed a 3.85 in college, it's amazing how much harder you work when you are paying for it!

[@patydcs]

what was your major?

[@MyWasteOfTime]

BS in Psychology and MS in Business

[@SarahRamsingh]

One year at Tufts costs 54k. She owes over 200k in tuition alone along with interest.

[@jake1350]

"Drama and Communications" LOL

[@GayleAshleyPatrick]

In high school i had gotten accepted to all of the colleges i applied for. I really wanted to go to Penn State but it was about $50,000 a year and there was no way in hell i could go. Even with a scholarship they gave me. I ended up going to a CUNY which is about $7,000 a year. I really wanted to get the full college experience but i didn’t. I went to school full time and worked full time and with the help of my parents i was able to graduate debt free. I still feel like i missed out but i don’t care because at the end of the day i don’t owe anyone anything. The job hunt sucks but at least i have two small jobs.

[@rezmy10488]

This is my dilemma right now. I also got accepted to my top school, which is $50,000+ a year but still expensive with merit scholarships. I don't think I want to go to school and feel that I would be stuck paying student loans when I graduate. So, going to a CUNY is also an option for me, but like you said, I'm sad that I wouldn't get the college experience that I've dreamt of :(

[@GayleAshleyPatrick]

ellezc Trust me. Now that i’m 22 i’m glad cause i made the right decision. Its extremely hard to find good paying jobs in new york. A degree is a degree. You don’t want to start off your adult life in debt.

[@DFW2017]

Why are so many people hating on her? She was 18, I think she is doing the right things by selling the stuff didn’t “need” and took advantage of her fender bender money towards the loan. If I was her, I would have chosen a cheaper college for that degree. I am also paying $900 dollars a month for student loans, selling whatever I can live without and put any extra money towards my principle. It was my choice to make, and I knew what kind of risk I was getting myself into. It was my decision so I am going to get out of it myself. I am not going to rely on government intervention to save me from these loans. It won’t happen.

[@johnathanwoods1223]

Anthony Forest I fully respect her drive but the system is seriously corrupt.

[@DFW2017]

Johnathan Woods I totally agree that the system is corrupted. College education, I start to ask what is the point? We spend tens of thousands of dollars to college with the false idea of being prepared for the career we are studying, but instead the college is more concerned in keeping you “entertained” and keeping courses rather easy as long you do the homework and write a 1-2 page paper a week... students are now seen as “customers” not students.

[@JrG-gj7kb]

Responsibility needs to be fulfilled by everyone involved in the action. You're responsible to pay your student loans, but the companies that loan you the money are responsible for their high interest rates.

[@sabinaclarke]

The fact that she has this stuff means that she bought it before she thought about having to pay student loans i mean how many dresses do you need? Also Students are customers. FACT they are also choosing to be students nobody forces you to study.

[@laurastleger-harris8998]

Step one: don't spend £100k on a drama degree.

[@julesaho5201]

lmao true

[@McL0VINNN]

She's using the drama degree by making people feel sorry for her.

[@tsarstepan]

But its drama AND communications! That's a license to print money! ;-P

[@evileyez504]

shut up. she still found work, her debt is so high because of the interest not because of how much she borrowed. If she only owed what was paid, she could pay it off in a couple years

[@Evycakez]

evileyez504 that’s how interest works. It’s her fault for not doing the research beforehand. No one would ever lend people money for free. That’s how loans work! How is this even being argued?

[@chlb0152]

What did she expect from a 118k drama degree 😂

[@sergiorobles7169]

a lot more drama!lol

[@kay-ty5rx]

She was a child with no advocacy, not even from her school. What can you say?....

[@chlb0152]

@@kay-ty5rx research

[@directorbeau]

It's her body and she does what she wants!

[@chlb0152]

@@directorbeau how Is that relevant?

[@Yankeesiheart]

I come from a middle class family and I was almost put into this situation when I got accepted to NYU. I got accepted as a transfer, so I figured 2 years at NYU would not kill my chances at being financially stable. They only offered me 5 grand out of 72 grand tuition per year. Also, because it is a private school, they would not accepted the college credits I took in high school and only a portion of the credits I earned at my state school, and that would've put me a year back, having to take multiple classes in the summer and winter to grad. in four years when I would've grad in 3 at my state school. If it wasn't for my parents telling me we couldn't afford it over and over again, I wouldn't have done math for three hours straight and understand interest loans and have come to the realization that I would've been paying more in student loans than I could possibly afford in rent for the next forty years if I wanted to go to NYU. It wasn't worth it, I'm glad I did the math.

[@VermHat]

I ran into that same issue. Doing 2 years in CC, then being accepted into Syracuse university. Only to find out that 2 years would have given me a mortgage without the house. So I did not go, thank god.

[@mcedward27]

I really don’t understand why we are forced to pay for further education. Shouldn’t our tax money be used to aid this county’s own people? Should it not be the country’s job to ensure everyone goes to college and becomes a beneficial contributor to our society? It really doesn’t make sense how we are forced to pay fees in an attempt to strengthen and educate our future generations when the best way to ensure success is to pave the way by allowing anyone and everyone to get an equal chance of becoming something in life.

[@asms1130]

🙏🏽🙏🏽

[@nuri00ko]

Then perhaps we need to really push our representatives in Congress to represent us, the people, instead of rich lobbyists.

[@ashleym6765]

Right

[@Amatersuful]

student loan is a business after all

[@xDigitalMonster]

Yup paying off my loans right now and it’s the reason why I don’t want to go back to school. Getting an education shouldn’t put us in debt.

[@akou12]

I don't blame people for thinking school is a scam

[@9etherman833]

I wonder if we can sue the student loan people for false advertisement and fraudulent inducement

[@suntzu94]

You can’t sue for ignorance

[@KLINGY94]

Go to an affordable college for undergrad, preferably one that's local or in commuting distance and if your family qualifies you can get financial aid. Save the big bills for grad school if you choose. I graduated debt free because of this, had a couple major jobs already. The price of partying in college probably isn't worth the lifelong student loan debt.

[@videodude2010]

That’s why I went to a community college for 2 years and now I’m in my senior year of college with no debt. All paid for out of my pocket.

[@ani9208]

This is why finance should be taught in school!!

[@brandonulloa2746]

A wafer is a cookie I learned about finical literacy

[@eshaxcx]

A wafer is a cookie lol in Africa in highschool we learn business studies Lol I find it useless though

[@victoriahale5254]

A wafer is a cookie this is why people need to fuxking read and not go to 60k a yr schools to study drama

[@d0r0thy]

A wafer is a cookie I took a finance class. They're taught in schools but not required! This honestly needs to be changed.

[@xmusa]

118k for drama LOL.. America is a mess

[@ajdelgado2663]

Here’s some advice if you feel trapped with paying for student debt, get a loan from the bank to pay it off; the interest from bank loans is much less and overall just easier to handle. 💸

[@digichan936]

AJ Delgado if she even has the credit she doesnt seem like she had credit at all and doing a bank loan without credit is difficult

[@bradyself8309]

AJ Delgado actually a pretty good idea definitely gonna look further into it

[@LIVEINPEACE2023]

AJ Delgado More than likely her income doesn’t qualify for a bank loan. It’s so easy to qualify for a student loan.