Sociology Major Graduates with $200,000 in Debt

[low preference guy]

Kelli Space, 23, graduated from Northeastern University in 2009 with a bachelor's in sociology — and a whopping $200,000 in student loan debt. Space, who lives with her parents and works full-time, put up a Web site called TwoHundredThou.com soliciting donations to help meet her debt obligation, which is $891 a month. That number jumps to $1,600 next November.

Link (http://finance.yahoo.com/college-education/article/111460/is-the-college-debt-bubble-ready-to-explode)

[low preference guy]

which idiot would lend a sociology major 200 grand?

[Vessol]

which idiot would lend a sociology major 200 grand?

http://www.uncoverage.net/wp-content/uploads/2010/08/freddie-mac-fannie-mae.jpg

[Jordan]

which idiot would lend a sociology major 200 grand?

Well, student loan debt can't be shed with bankruptcy.

I'd rather lend to a student under those terms than to a future homeowner who can leave me holding the bag and a POS property.

[awake]

At least she is asking for donations. Other people would simply look to ... oh whats it's name...? You know, the guys with the guns... whats their names again...? Oh yea , the government!

[Kludge]

You know why there are so many sexist male pieces of shit in the world?

Because there are so many fucking stupid women. $200k IN DEBT FOR A SOCIOLOGY DEGREE WHILE WORKING FULL-TIME?!!!!!

HOWdflkNDsoin@@@!@!!@09 n.\

*explode*

[libertybrewcity]

Anyway to short the college debt bubble?

[low preference guy]

At least she is asking for donations. Other people would simply look to ... oh whats it's name...? You know, the guys with the guns... whats their names...? Oh yea , the government!

Fannie Mae got a bailout. All their major employees should be in jail.

[Mod note: Wrong photo removed]

She should join the forums to learn about hyperinflation and how she should wait to pay her debt.

[low preference guy]

YouTube - Kelli Space Interview Part 1 - Peter Schiff Radio 11/30/10 (http://www.youtube.com/watch?v=PljbdfPRWis)

YouTube - Kelli Space Interview Part 2 - Peter Schiff Radio 11/30/10 (http://www.youtube.com/watch?v=yXhq0zIX6GU&feature=related)

[awake]

Fannie Mae got a bailout. All their major employees should be in jail.

[Mod note: Wrong photo removed]

She should join the forums to learn about hyperinflation and how she should wait to pay her debt.

Yes, a BASoc. degree all for the cost of a cup of coffee. Borrow bigger next time.

This is exactly what happens in a bubble forming boom and bust economy; people think that this is a good investment. She just got left holding the bag, Madoff would call her a late comer.

[dannno]

Peter schiff interviewed this girl on his radio program last week, it was a gret interview.

[hazek]

Nevermind.

[agitator]

She could work it off, easily.

[Pauls' Revere]

You know why there are so many sexist male pieces of shit in the world?

Because there are so many fucking stupid women. $200k IN DEBT FOR A SOCIOLOGY DEGREE WHILE WORKING FULL-TIME?!!!!!

HOWdflkNDsoin@@@!@!!@09 n.\

*explode*

LOL

:D:D:D:D:D:D

at what point did she realize a social workers pay will take her a liftime to pay that off.

[Kludge]

She could work it off, easily.

Nothing says "accomplishment" like living poor for 10 years paying off debt accumulated so you could spend four years in school working.

[agitator]

Nothing says "accomplishment" like living poor for 10 years paying off debt accumulated so you could spend four years in school working.

[Mod note: Wrong photo removed]

[Kludge]

[Mod note: Wrong photo removed]

10 years?!?!

I'd say 10 months, max.

How does a sociology major fresh out of college who appears to have no grasp on finance make enough money to cover living expenses and $200k in student loans in no more than 10 months?


-- oooooooooooooooooooohhh.... :D

[Cowlesy]

How does a sociology major fresh out of college who appears to have no grasp on finance make enough money to cover living expenses and $200k in student loans in no more than 10 months?


-- oooooooooooooooooooohhh.... :D

Now I see what he did there.... lol lol lol

[TNforPaul45]

Now I see what he did there.... lol lol lol

http://media.giantbomb.com/uploads/0/4009/1097290-i_see_what_you_did_there_super.jpg

[heavenlyboy34]

How does a sociology major fresh out of college who appears to have no grasp on finance make enough money to cover living expenses and $200k in student loans in no more than 10 months?


-- oooooooooooooooooooohhh.... :D

lolz

[aGameOfThrones]

Comment from yahoo link:


Screw all of you high horse@#$%smugglers. The public education system in this country is trash. I went through all of public school in advanced classes and I'd say 70% of the time was completely wasted. The curriculums were trash, I had 4 great teachers out of 50, who actually taught me something rather than waste my @#$% time. I could have been learning calculus in 4th grade, but instead was waiting for the stupidest kid in class to finish learning their multiplication tables. Yes this girl is responsible, but that doesn't change the fact that the system is a scam and needs reform. Education reform should be the #1 priority of the states. Gonna need a lot of sharp minds to claw us out of the gaping hole we've dug. After public school I felt had, like my time was stolen from me, because it was. Id have been better off teaching myself off the Internet after about 10 or 11. Kids are always told to do well in school, and go to college so they can get a good job. Not their fault they were lied to. I'll never send my kids to public school. It would be a theft of their time and freedom.~ John Doe

[Kludge]

"Kids are always told to do well in school, and go to college so they can get a good job."

bullllllshit.

[low preference guy]

Anti-Federalist once asked me why I'd be so happy when the educational system collapses.

It's because students waste their time going to school. They really do. With a few exceptions, the students who learn are those who are smart and curious and learn by reading online. And I'm talking about public schools, private elite colleges, it's true for all of them.

If the cartel collapses, the only consequence would be that young people will use their time better.

[qh4dotcom]

which idiot would lend a sociology major 200 grand?

Any idiot who is offered a loan guarantee by the US government

[Vessol]

YouTube - Kelli Space Interview Part 1 - Peter Schiff Radio 11/30/10 (http://www.youtube.com/watch?v=PljbdfPRWis)

YouTube - Kelli Space Interview Part 2 - Peter Schiff Radio 11/30/10 (http://www.youtube.com/watch?v=yXhq0zIX6GU&feature=related)

Great interview! Thanks