My Husband And I Thought Education Was A Way Out Of Poverty. Now We’re $718,000 In Debt.

[BigMoneyGrip]

You're making some wild assumptions here. There are any number of people born into families with options and they're bored out of their minds. The suicide rate is the highest it's been since the 1950s, addiction rates are off the charts. That's not accidental either.

Your support system primarily determines how many bad choices you can make and still recover, followed by your own personal gifts for talking with people and networking. There are any number of people who have started multiple businesses that have all failed, and still have access to capital to try again. If you don't have those, you can't afford mistakes. One misstep and you're in debt slavery. Multiple missteps and you're now a slave to any number of addictions trying to cope with earlier missteps. And it compounds down the line.

Life is always better when you have options. If you're not born into them, your first task is learning how to create them for yourself...and that ain't easy when you don't have people around you to teach it, or to emulate and just soak up game.

Either way, the world ain't gonna stop whatever your personal circumstances are, so you'd better get to it.

im not making any assumptions, I see the forrest from the trees... Yeah they were slacking but at the same time if they were white they wouldn't be financially set back like that because they would have secured a high paying job through nepotism or some other bullshyt cac like to do

 

[invalid]

How they do that?

They did thorough due diligence.
They planned.
They were pro-active.
They hustled.

They didn’t use their 20’s to “figure out what life is about”.

They were on the move their first year in college. Maintained their focus and their discipline. And networked themselves into the job.

Many people with various undergrad disciplines make it into IB. It’s just not all finance and economics major. In fact, many investment bankers have liberal arts degrees.

There is also the “luck” factor. But your luck improves when you are prepared and putting yourself in the path that will maximize your opportunity.

 

[UberEatsDriver]

Also a lot of you people who aren’t taking law or medicine need to stop assuming that a top college is the only solution.

My homegirl is a VP at Goldman Sachs and she attended Baruch College.

Baruch College is part of CUNY so it’s a city college but they are known for their top notch business program.

She got a internship easy and now is VP.

Since her school was part of CUNY her tuition was cheap and it’s already paid off.

 

[chineebai]

Also a lot of you people who aren’t taking law or medicine need to stop assuming that a top college is the only solution.

My homegirl is a VP at Goldman Sachs and she attended Baruch College.

Baruch College is part of CUNY so it’s a city college but they are known for their top notch business program.

She got a internship easy and now is VP.

Since her school was part of CUNY her tuition was cheap and it’s already paid off.

Nice. I went to baruch. Definitely one of the best value for finance accounting and business.

 

[UberEatsDriver]

Nice. I went to baruch. Definitely one of the best value for finance accounting and business.

Yea and none of the Baruch people I know who are employed are worried about debt.

 

[Originalman]

A Math degree is great too. You can finesse that into Comp Sci jobs or finance or etc.

Yep this is true. However I would still say physics is a good field. There are plenty of DoD and government jobs where they look for folks with physics degrees.

The thought is that with physics you know math and even materials so you can be almost any type of engineer. I literally know kats with a BS in physics who are scientist, process engineers, system engineers and quality engineers.

 

[TheIsleofMan]

fukk yall. I love my English degree

 

[ISO]

Student loans are ridiculous, but this family made some bad decisions too. English degree? husband wasted a lot of money trying to go to dental school as well. People gotta look at college as more of an investment than a “dream”

The English degree is fine as long as she becomes a teacher.

 

[Sonny Bonds]

Why did she think that getting into magazine publishing was a good idea in 2012?

 

[invalid]

So you think going to go to college for an English major is a good idea? Because companies are kicking down doors for english majors. There are majors that are just worthless, and most of those fall outside of STEM and finance. im majoring in computer science, with just one year left and i know its going to pay off.

Y’all keep saying “STEM”. There is nothing wrong with liberal arts degrees if you know how to leverage them.

STEM is actually “STEAM” now. The “A” stands for “Arts”.

Liberal arts degrees actually train people to be great critical thinkers. And most high functioning jobs can train people to do the work. The problem is, they can’t train people to be critical thinkers. So many jobs don’t have a problem hiring liberal arts major because they know that they can train them and they have the brain power to do the job. Obviously there is a vast difference in someone who studied organizational leadership from Walden University and someone who studied Mandarin and Russian Literature from Williams College.

If the author really understood the power of the subject that she went to school for, she could have parlayed that into many opportunities. The problem is she doesn’t. Her degree is a bust, not because she couldn’t find a job, but because she left school without the ability to think critically.

 

[Originalman]

Meh, most government jobs aren't enthralling. Would hate to commit to something I hate for the rest of my life.

Naw it depends on what you do. You can work in one government field and move to another government field.

So for example. A buddy of mine was working in DCMA. He was the one that goes to sites and checks on suppliers to make sure their processes are up to par. This can be big suppliers like Boeing to small suppliers like a mom and pop.

He did that a few years got tired of it and then transfered to the US mint company which is where US money is made and stored. There he is in charge of updating their processes because many of their machines are out dated and old.

Now before he took a job with the US mint he had got an offer to work for the air force in Japan. There he would have worked on a military base on a 3 year assignment working with suppliers when they send in kits for airplanes. Basically kits are repair kits for planes when they have maintenance done. Sometimes the government sends the planes to the US for repair and sometimes they send the kits to the base and the US government does the repairs onsite.

Another kat I use to work with is now with the department of energy in which he works with international governments on their standards and procedures. Dude travels back and forth to Japan now.

So trust government work is far more than most think if it. Once you are in gives you the ability to transfer and work for different branches/departments of government.

They do everything the private sector does. Folks just think of government work as delivering mail or working at the DMV. It is much more than that.

 

[Balla]

fukk yall. I love my English degree

What you do with it?

 

[Rosecrans]

I have zero sympathy for them. My wife and I have about $100k in school debt combined. I went to law school and ended up not practicing or taking the bar and still parlayed that into making $110k a year. Wife got a masters in social work and makes 80k. Them getting education or the cost of education isn’t the issue. Also, we waited until we were financially set before having kids. This shyt isn’t rocket science.

What do you do now breh?

And did your law degree still factor into your current field?

 

[MeachTheMonster]

The English degree is fine as long as she becomes a teacher.

She didn’t even talk about being a teacher. Seems she wanted to be a “writer”

 

[Originalman]

And they got degrees from for profit online universities.


I haven’t read this thread yet so don’t know if these observations have been made but off bat I could tell they are in their predicament because they don’t have drive and are lazy.

How did you graduate in 2012 with the goal of being a writer and the first piece you publish is in 2019. And it was about your suck ass decisions.

How you give up on the dental exam after one try.

Only to get an online MBA and find out that that too is going to require you to do some work for you to return back to trying to get into dental school.

Now he’s about to forgo how many years of income after accruing how many years worth of debt.


I’m not sure if he is going to see a return on his investment. He’s going to find out that it takes work to build up your practice and it seems like this couple doesn’t like to put in work.

Couple is legit stupid and belong to each other with all of that debt.

This is what happens when you make bad decisions, which, for some people who don’t learn from those decisions, just compounds into more bad decisions.

Yes please stay away from for profit colleges. They are true predators.