“I was 18 and the first person in my family (including extended family!) to attend college. Therefore, not only was excitement consuming me, but my parents didn’t exactly know how college would or wouldn’t affect my salary in the future. We applied for scholarships during the summer but they heard — as much as I did — that cost of tuition should never keep you from attending a great school. So… we made the mistake of following such romantic advice. Cue regret.”
Kelli Space is a 23 year-old Northeastern University graduate who is trying to get rid of over $200,000 in school debt through crowdsourcing.
6 responses
That’s horrible, and I feel for somebody that young with that much debt. I had a mortgage that big once and the stress almost killed me.
But…how the FUCK do you rack up $200,000 in debt getting (presumably) an undergraduate education? Full rack-rate tuition+other shit for Northeastern next year is $47,000 a year. Did she put the whole thing on a credit card?
Something is fishy about this. All federal student loans are eligible for income based repayment regardless of the lender. Of course, If she took out private loans, she’s totally fucked but this idea of crowdsourcing debt kind of irks me. Most people have student loans. I don’t understand why this one person deserves to be helped more than the rest of us.
I totally agree. Totally torn on this, but she’s doing it. She answers a lot of questions here: http://twohundredthou.com/faq
and here: http://twohundredthou.com/about
but in all honesty I don’t know how I feel about it.
Sociology degree. Good lord.
Maybe she needs an MFA, then she could teach.
What she really needs is a degree in accounting…or some advice from Ted Wilson. I’ve got $3.27 in the bank. She’s not getting any of it.
Like Mrs. Gump wisely advised well before this mope went to college……”Stupid is as stupid does.”
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