NE College grad: Pay my debt for me please!

[Mark_22]

Maybe this woman is crazy like a fox. She claims to owe $200K in student loan debt, but has she offered proof? As far as I can tell from reading the article, Sallie Mae has not commented on the specifics of her case or even confirmed that she owes money at all. Maybe she has convinced anonymous strangers to give her nearly $7,000 using a variation of the story used by the bum outside my office who swears up and down he just needs bus fare. Maybe her parents paid the entire freight of her education and she's laughing all the way to the bank.

Whether one takes her at face value or subscribes to my conspiracy theory I agree with others that this is pathetic.

[brooklynborndad]

A. Im not sure of her details. the article says she lived at home and worked part time, so I am not sure why her debt is 200k.

B. If folks want to donate money to her, I dont mind. Folks spend on things that are really silly. At least by giving to her, they arent putting more CO2 into the air.

C. The main silliness is the media pretending cases like this amount to the equivalent of the housing crisis. Most people do pay their loans back. Most take out much less than this.

The worst repayment records are for the for profit schools, not non-profits like North Eastern. Thats the real student loan problem, as a public policy issue. But I guess its more fun to hear about impoverished sociology majors from semi-semi-elite universities than it is to hear more data about default rates from the for profit mills.

[harhar]

Maybe its a sociology experiment.