I appreciate your thoughtful reply, which is quite different from “reality check” slight you gave in your previous post. So much so that I reread the original article.
My argument, which I must say that haven’t changed like you say, is this: while the author’s intent is to warn others about students taking loans, and BB’s quote is relevant, the amount of damage she inflicted on herself and family is not limited to simply falling for the deceptive practices of Sally Mae. There are many red flags that pop up that raises serious questions about what she left out, and in the end, she glosses over unusually unwise choices that many people can avoid but she gives an impression that her entire generation suffers. I call bollocks in this regard.
One, her first full-time job after getting her masters was mere $20,000 ann. salary. Even given that this was over 5 years ago, that is unusually low for someone with graduate degree. Starting salary for people with her level of education is $60,000. Doesn’t this strike you as strange? Minimal wage salary is $15k! Thats below a lot of grad stipends, and even a lowly postdoc makes twice or more. I know, because I DID all of these things. And that’s lowballing it - I’m nothing special, and most of my peers did earn this or much more, so this is lowballing it.
Earlier, she decided to stay in Bronx with her parents. This could potentially mean that she had to take care of her parents, but given that she moved to other parts of pretty much one of the most expensive place to live indicates that she was likely just trying to save on rent. Why stay there when there are so many lucrative options out there?
You say that you find it offensive that I should suggest to anyone to be practical and find something that actually pays the bill, and it may lead to disastrous consequences. Given that what the author is aiming seems to be more for change in lifestyle than financial success, I say her problem is probably more to do with what she expects out of career than evil banks out there. Yeah, the student loans are evil. Yes, young people should be allowed to make mistakes (I’ve made plenty in far less favorable conditions), but her sense of entitlement and plaintive attitude is barely contained in her writing. So yes, she is likely to be a hopeless idiot, and my implied “advice” to adjust career expectations is simply saying not to be an idiot, and is definitely not meant for her. And yes, I don’t like the author from what I read.