College Debt

Today, at work, I asked for a promotion. I’ve been at my job for 3 months, as of this last week, and there are plenty of other people who could be ahead of me for this position. So, why is my manage considering me instead of someone else? Oh right, I went up and asked for it. Not going to lie, it was probably one of the most terrifying things for me to do considering some of the bosses I’ve had in the past, and people getting promotions or special treatment over me even if I was the one that deserved the break. However, my philosophy has always been to work hard and eventually, no matter how much it sucks at the time, it will pay off. I’m hoping that this is the case now. If I get this job finding a second job this summer will be ten times easier because my hours will pretty much be set. I could either aim for 2 full time jobs or 1 full time and 1 part time job. Over the summer, as much as it’ll suck not having a social life, I could probably do a job where I have doubles on the weekend and maybe one or two nights a week from May to August.

If I had 1 full and 1 part time job over the summer, and worked 25 hours at the part time for minimum wage I’d make enough in a month to cover my rent, electricity, groceries, gas and necessities. That would allow me to put everything from my full time job towards my $10,000 I currently owe Drexel. Over the course of the summer (approximately 3 months) I’d be able to pay off almost half of it, and if I got my stuff together for the garage/craigslist/ebay sales at dad’s and mom’s I could potentially make another $500-$2,000 which would put me well on my way to getting it completely paid off. This isn’t counting if my lawyer can find a way around the road block we ran into for my settlement. Maybe, I can make a deal with my parents that If I put $3,700 towards my Drexel debt this summer that they could match me with about 25% and put $900 each towards my Drexel debt. It’d put me at over half way towards paying it off. That’s definitely something I think I could be happy with. So, maybe I’ll talk to them about it soon. If anything maybe I could get them to do $650 each which would put me at $5,000 even for the summer. Maybe. We will have to see. I’d feel a lot better about it though if I could get it over half way paid for before the end of the summer.

Essentially, the thing I’m concerned about most right now is paying off my college debt because I’m not the kind of person who likes to be in debt. I’m a very stubborn and headstrong person and I don’t like relying on others. I tend to support myself and hate being given/handed things I feel I haven’t earned. However, recently I’ve been considering getting food stamps to make my life a little easier and save myself some money each month that I could put towards paying Drexel. If I could even put an extra $100 towards that debt every month I’d have an extra $600 paid off by the end of Spring semester. Definitely something I need to look into. Am I crazy for having to have all of this worked out? Maybe. However, I don’t want to have to worry about being in debt the rest of my life. I want to be able to put my income towards other sources like a family, vacations, my children’s future, etc… Wow, I sound completely insane right now. I better go to bed. Thoughts at 1am can lead to infinite wonderings.

Food For Thought: Low Wage Jobs

In my Sociology class we’ve discussed how if everyone had a college education there wouldn’t be anyone to work the low wage jobs, and we need those workers. This is outside the fact that yes, people can make it without a college degree, but not everyone has the drive to do so.

So, here’s an idea. What if we lowered the working age to 15, and made college more affordable? Let’s be honest here, if we want independent children, they need to learn to earn what they have, and the only way to do so is work. If there had been jobs available to me, I’d have started working at 13. Well, technically I started working at 10 when I started babysitting, but I’m talking about a real job. I’ve always like having my own money, and my parents always encouraged me to work for it.

In high school, you really don’t need to make a whole lot of money, outside dire family circumstances. So, a part time, minimum wage job really isn’t all that bad for high school, and even college kids. Not to mention, most places want you to have experience before getting a job. You kind of have to have a job in the first place to even get experience.

Now, I’m not talking about management/shift supervisor/upper level sorts that can come from working those minimum wage jobs, I’m talking those entry level jobs that don’t really require much previous experience. Not only does it give experience, but then those low wage jobs are still filled, and it gives people a better chance of possibly affording college. Especially since college seems to want more and more to rob you blind.

There’s other ways to try and afford college, but that’s another post. This is focusing on the possibility of lowering the work age, and allowing high school and college students to focus those low wage jobs, so as to possibly strengthen the economy with more educated adults.

Concerts galore

I’m not even in Philly yet and I’m hearing about all sorts of concerts! Everyone’s like, “Oh! Are you going to these five concerts? I am!” I’m sitting here like, dude, you’re a college kid, where the frack do you get the money to go to all these concerts. I bought a ticket to one concert so far, and it’s the Pop Punk’s Not Dead Tour with New Found Glory, in a standing room venue only.

Don’t get me wrong, I love music, and will happily buy rather than pirate it, but dang! I really wish I had the money to go see all these people live, I’ve been to a total of 2 concerts in the past 18 years, and they were both while I was in high school. I thought that was a lot, but I come to find these kids I’m going to school with have been to 20 at minimum. Jeez! Can I please have your life? Even if I did, I likely wouldn’t be spending the money on concerts anyways, I’d likely be spending it on other, more important things to me than a concert.

All in all, I can’t stand spoiled people, it makes me sick, or people so obsessed with technology or spending their money on useless things. What is the point? Seriously? If my parents handed me money all the time I’d be like a kid at Christmas, but they don’t, so I’ll sit here while everyone goes to a million concerts and be grumpy because I’m going to be a poor college kid in only a matter of days.

College Conspiracy

“If we were doing such a wonderful job, and producing such geniuses coming out of universities. Do you think we would be in the problems that we are in now? Do you think that we would be among the most unhealthy nation of people in DEVELOPED nations? Do you think that we would be gobbling down junk food? Do you think that we would be prescription drug addicts as a society? Do you think that we would be in the greatest recession that’s heading towards the greatest depression? Do you think that we would be in Iraq and wasting trillions of dollars fighting losing wars in Afghanistan and now in Pakistan? Do you think that we would have presidents and senators and congressmen and legislators of such low mentality that we have now? Do you think that we would have the rampid greed of the white shoe boys on wall street, if the universities were turning out anything of quality considering the trillions that are spent and the tens of millions that are educated. By their deeds you shall know then, look what American universities have produced.”

 

Got your interest?

You know, this kind of hits a nerve with me. My dream school is probably the most expensive school I looked at, and I’m going, but at what price? I realize, the fact that I’ll have 18 months of experience before I graduate, and that is fantastic. I’m going to scrape by in college only to work on paying off my 100-200 thousand dollars in loans back. Everywhere they claim that there’s tons of money out there for you to get, so college can be affordable, but who actually gets any of that money? I’m going to a school that after all costs will be about $50,000, they also have an average of a 3-4% increase in tuition every year. The aid I got this year, minus loans and work study, is about $10,000. I don’t come from a family that is well off. We have always lived pay check to pay check, sometimes and very rarely, we’d splurge and go on a week long vacation somewhere, but most of the time it was somewhere where we had family to visit and stay with because it SAVED money. I honestly don’t understand how my school can just expect my parents to help me pay for school, well NEWS FLASH!!! They’re not helping me pay, and it’s all on me. They do not, however, take this into account, and so yeah, I’m going to have a ton of loans the next five years and I’m going to work my ass off for good grades and good co-ops in HOPE that I’m going to get a good job right out of school, and those chances are very slim.

Honestly, I love what my school is doing for us, they are doing what they can to be more green, but at the same time, they’re milking me of everything I’m worth, and I’m doing everything I can to save money and not end up in a huge hole. Overall, I am really questioning whether or not it’s worth it….

“There is no longer anything special about a college degree in America if 70 percent of everybody else is also attending college to receive one.”

Makes me want to know, what are you going to do to make your college degree worthwhile? How are you going to make it worthwhile? Is it even worthwhile for you?

I’m still going to college, and I’m going to love my field, but it’s something to think about. While I agree with a lot of stuff in this video it is poorly organized, and has a lot of fluff. They have some valid points and ideas, but I also think that they are also missing a very valuable point that most people look over…

WHY GO TO SCHOOL IF YOU DON’T KNOW EXACTLY WHAT YOU WANT TO DO?

I feel as if you know exactly what you want to do with your life, go ahead and go to college for it, but only if it’ll really be worth the money. If you know what you want to do and you can achieve where you want to be without college, go for it. If you do not, however, know EXACTLY what you want to do, it’s not worth going to school and spending the money right away. In other words, for those not in college, I strongly suggest really thinking about what you want to do before deciding on college.