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Saturday, November 26, 2011

How Debt Put My Dreams on Hold

From Get Rich Slowly

When we’re young and stupid, we don’t think about how decisions will affect us ten years down the road. Many of us have often said something like, “If I had known then what I know now.” The thing about cliches is that they’re usually founded in truth.

When I graduated from high school, I wanted to be as far away from my family in Virginia as possible ... I wanted to live in New York again, so instead of working my way through and paying in-state tuition, I decided to go to the Rochester Institute of Technology.

To “save” money, I lived with my grandparents in Syracuse and attended a community college whose credits would automatically transfer to RIT after two years. By my second year at community college, I was already taking out loans. Read the entire article.

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