Blog admin on 04 Jan 2008 05:10 pm
COLLEGE DEBT
I have a close friend who got so deep into debt while at college that she had to
file for personal bankruptcy before she even graduated. It was very hard for me to see and extremely difficult for her to go through. Her parents would no longer help her pay for college so she was pretty much on her own. She actually was not able to go back to school because she was unable to pay her outstanding balance at the last university she attended and have her transcripts released to her. I always think about her and wonder how she’s doing as far as getting a job. She never was able to return to school. It’s been about 8 or 9 years since she had to do this and I know she’s doing well, but when we talk she always talks to me about her desire to finally pay off her debt to the community college and register for classes again. She was a good student, so I’m doubly saddened by the fact that her financial problems kept her from getting her college degree. I have no doubt in my mind that she will eventually find a way to get out of this rut. But it took her almost a decade to repair the damage caused by her inability to get her transcripts.