Meet a first-generation college grad with $250,000 in student debt

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Meet a first-generation college grad with $250,000 in student debt: 'It's the price I had to pay to achieve the American Dream'

He's now pursuing a Ph.D. — a process he started while he was working as a probation officer — and a new job as a community developer in low-income neighborhoods. Even with his student debt load, he believes he accomplished his goals.

Sorto is proud of the life his education has given him and his family, despite the student debt that came with it. But what he didn't know when he was getting seven trays of food at the buffet is the student-loan system is also an"all-you-can-eat" industry — the government and lendersThe student-loan industry is 'so freaking confusing' — and requires reform

 

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There are other ways to achieve the “American dream” which is probably pretty lame but having a $250k debt is not the way ….

And that's why university is no longer worthy in the future 1. We will use virtual world more. Even today, u can see university role is so few. Ppl study through internet 2. More expensive 3. Some future jobs requires experience n creativity. Not some rigid stuff from school

'I had to continue to provide for my mother and my grandmother, and so I had no choice but to start accumulating debt,' Sorto told Insider. 'It's the price I had to pay to achieve the American Dream.'......and now you want me to pay for it.

Seems that and MarketWatch need to provide articles on how students can get a debt free degree. By working PT in HS to save and working during their college years. That they should attend a community college then transfer to a 4 year in state school

So he had student loans and choose to quit his job, and take out more student loans to get another degree. Seems he keep digging a hole and wants others to fill it in. Seems he need to stop, go to work and get a second job. Pretty sure that PHD will only lead to debt

Really, and what is that🤔 a nice fridge, car and a holiday in florida, as much sugar as you can eat and some guns. Meanwhile thw planet dissolves around you. Modern life is rubbish. Reframe your life

Some people owe far more than that

There's something REALLLY wrong with this story. He's in debt $250k bc he thought he needed a PhD to be a probation officer?

A competent adult who entered into valid contracts and received the benefit of the bargain has responsibility to fulfill contractual duties. Not whether that was wise thing to do is debatable.

You must read this story, it absolutely encapsulates this 'crisis'. $250K. Can you guess, before reading, what his chosen professional path was? At 50+, I really shouldn't laugh this hard at 6:40am.

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