UnThreaded | Threaded | Whole Thread (63) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: MissEdithKeeler Big gold star, 5000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 884907  
Subject: Don't do this.... Date: 2/23/2014 5:40 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 26
http://finance.yahoo.com/news/-i-m-never-going-to-be-able-to...

I read these stories and just want to go "Nooooooooooooooooooooo!!"

Two years ago, she decided to start over completely, going back to school for a Masters degree in social work at Yeshiva University in New York. Today, Eichengreen now 60, is living off of student loans and says it’s unlikely that she’ll be able to pay off her $200,000 student debt, which includes what she borrowed for her first Masters studies in broadcast management.

“I don’t think social workers make much money so I’ll probably be dead before I pay that off,” she said.


Ok, so you're a trained legal secretary, with one apparently useless master's degree, so you decide to go back to school and get another master's degree in a subject that doesn't pay well--but she actually sounds kind of unsure about this--did she check the job outlook??

And the article goes on to say
And as a result of the recession, more and more workers over the age of 50 are ill-prepared for retirement and are doing whatever they can to get by.

I don't think this lady's issues are only the result of the recession....
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (63) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Value Hounds

Clorox Isn't Cleaning Up
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement