When your school uses high-pressure tactics to recruit you, gives you a sub-standard education, goes bankrupt, closes, and is under charges of fraud, the federal government will forgive your student loans. That’s what it takes.
It’s time to check in on our debt payments and savings goals again.
Pull up those balances!
It’s the holiday season again, which means it’s that time of year when universities try to raise more money from their alumni. Every year around this time, I start getting a call every day from an unknown number. At first, I ignore it, thinking it’s a wrong number. But I eventually realize that it’s someone calling from one of the universities I’ve attended and that they are not going to stop until they talk to an actual person.
I’m living in Brisbane, the great Australian city known for its exorbitant public transport fees and terrifically muddy river. I’ve been here since I moved out of my parent’s home at 17, figuring out how to do money—first on a trainee wage, then as a student, and now as a part-time worker.