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

R=G

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Whoa, whoa, WHOA...she thought this was a good idea but WHY?! You just said the damn boy was in 23k debt and couldnt lock down a dental job.
I stopped working to stay home and raise our son with plans to expand our family. After leaving work, I was confronted with intense identity issues: Who was I without a career?

Dont make any sort of sense

College and working for someone is a scam..especially if you Black.
 

Passaro

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"I’d scroll down my social media timeline and compare myself to others. They appeared to be traveling, shopping and building perfect homes. On the other side of the screen, I was pregnant, full of dreams and broke. I later enrolled in school for my master’s degree to fill an emotional void. A decision that cost me $64,595.44. After three years of rejections, Otis gave up on being a dentist, and he earned an MBA in health administration for a whopping $101,000. Whew, I’m out of breath typing about it! Our problem was that we were trying to fit into a life that I don’t believe was designed for us."

:snooze:
 

Balla

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That's not all that much, the equivalent of a car and you get 10 years to repay it. This aint worth complaining about.

The English degree ain't even the L in this situation. Not job hunting while still in school is the L. You know damn well this bih graduated and then was like
full

Ok it's time to get serious :mjgrin:
. Lack the confidence to go get paid:rudy:


Otis need his ass beat. If you rack up that level of debt then you clearly don't give a damn. This was early 2010s, they had internet and ability to apply for scholarships. On top of that it sounds like he was fukking around instead of putting the work in for that test. I'm starting to doubt these two's ability to walk and breathe at the same time:francis:
.

Birth control errors my ass. fukk all the way on outta here :camby:
.

After all the debt they accumulated And the expense of a kid, she decided to stop bringing in money :cosbytf:
? These people are the architects of their own misfortune.


An emotional void? Yous a stupid motherfukker goddamn... Can't have sympathy for someone who keeps asking for Ls.


He should have taken that 80 grand biology degree and got into doing lab work :snoop:
. Instead he decided to take out yet more loans and do something totally unrelated.

Nah, you did one of those things right, barely. You graduated college.

After all of the bad decision-making they deserve every bit of that debt.

Clearly it was when yall decided to keep on going back to get degrees all willy fukking nilly.

Yall can't even help yourselves. Maybe get that right first.

You sold yourself the dream and second guessed yourself out of it. You got punished for your sheer stupidity.

Im surprised you said her degree wasn’t an l. What can she really do with it tho? All I can think of if it’s not in writing she could work for the government or something.
 

Richard Wright

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The problem here isn’t that they went to college. Undergrad loans/scholarships/grants work completely different than grad school.

Most graduate programs exist to make the schools money. Their problem was she did a masters in English because she was bored and he did an MBA because he didn’t study hard enough to get into dental school.

Graduate school loans are dangerous and unforgiving and unsubsidized.

You know she hasn’t learned her lesson still because she’s still mentioning the raw loan numbers without mentioning the interest rates. The interest rates are what cripple people.

People think “I’ll get an MBA for 100k, I’ll be making 20 k more per year than I do now, so if I take 10 a year to pay it back it will take ten years.

This sounds responsible, but in the end that’s only paying the interest. School can still be a great investment. Investing in my education changed my life. But you need to do it intelligently.
 

EARFQUAKE

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It doesn’t cost that much for an education even in America.

Breh needs to quit dentist school while he’s ahead, hop in the military as an officer or something and get them to pay a lot of that off for him.

With that much debt he wouldn't even be able to step foot into a recruiting office. The military looks into your financial background and having a huge debt can deter a contract in a hot minute.
 
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Our career paths just didn’t follow along, and worse yet, we were drowning in $268,621.32 in student loans. Looking back, I understand that we couldn’t have it all when we wanted it..........
The itch of an old dream reemerged and Otis applied to dental school a final time. On Feb. 27, 2019 he was accepted. The American dream is not cheap, and when he graduates it will cost my family a total of $718,000 in student loan debt.

SO basically they are really only 250k in student loans which is not bad between 2 people with extra degrees.
she added another 500,000 on top by counting a degree that hasn't even been gained yet. not to mention why would her husband decide to go to a school that is gonna cost the family 500,000? they aren't kids no more, no excuses for these dumb decisions. it's not america's fault lol

 
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