Quote Of The Day

The NYT has a story today about a student racking up a crushing amount of student debt to earn a degree at NYU, blaming everyone except the student for allowing her to build up that debt.

Of course, I have some serious blame for the lenders too, when I realize exactly what they were investing in.

She recently received a raise and now makes $22 an hour working for a photographer. It’s the highest salary she’s earned since graduating with an interdisciplinary degree in religious and women’s studies.

Even if she eventually can pay off all this debt, all I can say is: what a waste of 4 years and $100K.